From 2022 to 2025, Mr Emmanual Tay joined 14 accelerator programmes and challenges in Singapore, Thailand, and Japan, organised by corporates spanning hospitality to technology.
He calls his approach “strategic”: “Each time, we want our pilot to convert the accelerator to a client or gain visibility in a particular industry.”
One such opportunity came through UOB Finlab’s GreenTech Accelerator, which ran from June to November 2024. Circular Unite was one of 33 start-ups from Singapore, Malaysia and Thailand, tackling challenges in energy efficiency, zero-waste supply chains, and carbon management.
There, he secured mentorship, corporate partnerships, and funding for Circular Unite’s pilot schemes. The bank supported 15 pilot projects – including Circular Unite’s – with a combined six-figure fund.
Among his three UOB mentors was Mr Don Wee, senior vice-president from the bank’s innovation group. He encouraged Mr Tay to frame his pitch around clear commercial and measurable environmental, social and governance outcomes, which helped secure pilot opportunities with other corporate partners.
“Data is a critical part of (UOB’s sustainability) journey – it builds accountability, enables us to measure outcomes, and helps financiers like UOB channel capital towards credible solutions,” Mr Wee says.
The GreenTech Accelerator is one of UOB FinLab’s programmes designed to meet SMEs’ evolving needs through practical knowledge, mentorship and networks, says Mr Shannon Lung, head of UOB FinLab.
Its other programmes are the Sustainability Innovation Programme, AI Ready Programme, and Digitalisation Innovation Programme: Womenpreneur, each tailored to drive sustainability, AI adoption, and empowerment of women-led enterprises respectively.
Since 2015, UOB FinLab has supported over 33,000 businesses across Singapore, Malaysia, Thailand, Indonesia and Vietnam.