SINGAPORE, 14 FEBRUARY 2017 – Unilever Foundry and Padang & Co today launch LEVEL3, a co-working space that pushes the boundaries of collaboration and corporate innovation. Redefining the traditional concept of workspaces, LEVEL3 brings together Unilever, startups, and entrepreneurs to encourage innovation and create new partnerships that deliver real and meaningful business impact.
Built within the Unilever regional headquarters in Singapore, the 22,000 sq ft workspace provides proximity to Unilever brands and functions, and access to existing Unilever Foundry programmes. To date, 15 international and local startups have already established themselves at LEVEL3, including Adludio, ConnectedLife, Datacraft, EcoHub, GetCRAFT, Next Billion, Olapic, Snapcart, TaskSpotting and Try and Review
“The set-up of LEVEL3 in Singapore – a global first for Unilever – is a strong testament to the growing vibrancy of Singapore’s startup ecosystem,” said Dr Beh Swan Gin, Chairman, Singapore Economic Development Board. “LEVEL3 represents an emerging corporate innovation model that is aligned with EDB’s efforts to encourage collaborations between multinational companies and other enterprises such as startups.”
A new model of collaboration
LEVEL3 is more than a co-working space; It is a collaborative innovation community. Startups have the opportunity to interact and partner with Unilever and other ecosystem partners to solve business challenges ranging from marketing to finance, logistics, supply chain and customer development.
For Unilever, LEVEL3 offers a unique point of contact to innovators and the rest of the startup community, to generate real-life problem statements, ultimately catalysing demand-led innovation.
“We envision LEVEL3 as a vibrant workspace offering global opportunities for entrepreneurs. We are passionate about connecting members of the startup ecosystem to spark collaboration and ignite innovation,” commented Derrick Chiang, CEO, Padang & Co.
LEVEL3 focuses on the following areas: Marketing Tech & Ad Tech, Enterprise Tech, Products & Ingredients, New Business Model Innovation and Social Impact.
For more information on LEVEL3, please refer to: L3.work
Watch the video of the opening address
Also published on Medium.