Committee of Supply 2026 debate, Day 2: Mark Lee on SME intellectual property commercialisation
In parliament on Friday (Feb 27), NMP Mark Lee raised two issues - accelerating intellectual property (IP) commercialisation for small- and medium-sized enterprises (SMEs) and strengthening IP financing. On the structured attachments of scientists and researchers to SMEs, he wanted to know if the government has plans to expand and scale such attachment schemes, particularly for growth-oriented SMEs seeking to commercialise IP. He also wanted to know if the government would consider a calibrated, state-backed risk-sharing mechanism to catalyse IP financing, so that financial institutions are more willing to lend against viable IP assets.
In parliament on Friday (Feb 27), NMP Mark Lee raised two issues - accelerating intellectual property (IP) commercialisation for small- and medium-sized enterprises (SMEs) and strengthening IP financing. On the structured attachments of scientists and researchers to SMEs, he wanted to know if the government has plans to expand and scale such attachment schemes, particularly for growth-oriented SMEs seeking to commercialise IP. He also wanted to know if the government would consider a calibrated, state-backed risk-sharing mechanism to catalyse IP financing, so that financial institutions are more willing to lend against viable IP assets.