Ms Denise Sidhu:

We have often seen the following. A number of our portfolio companies have a strong technology but they need to validate their technology by getting a reference customer. Who takes the first punch in a startup technology? For example, we have a portfolio company in data storage which we believe to be world class. In order to test the system to its full capacity, one needs an organisation the size of eBay. How does the portfolio company get its first validation customer? For us, it would be helpful if the State-funded companies could act as Government procurement in order to get a reference customer and secure validation. Such an initiative would go a long way to help those companies.