As we adopt a phased re-opening approach, businesses are going to need all the help they can get.
COVID-19 has been one of the biggest, if not the biggest cause behind rising unemployment and decline in consumer spending. It has resulted in a vicious loop: with job losses, people are cutting back on spending, which in turn has caused cessation of businesses and an impending recession. And of course, that leads to further unemployment.
With globalisation, the economies and businesses in the world today have become intertwined. International Co-Innovation Programmes aims to help companies with their growth and internationalisation, by supporting projects that catalyse cross-border collaboration on technology development and co-innovation.