Building the Business through managing Open Innovation Ecosystem Asia / Singapore

Build your business to success with us
 At ICMG, we help you break new ground with openness and diversity.



Focusing on results and strongly embracing openness

Be the unexpected

In this current age, it’s so much easier to connect with one another, welcome fresh ideas, create and sell things or services, and raise funds. Yet, businesses that succeed are only those that do things out of the ordinary.

Success starts with partnerships

Every business strives for positive growth even in times of destruction, creation and uncertainty. As your partner, we go beyond consulting and are committed to ensuring the continued success of your business.

Embrace openness for growth

Today, higher diversity brings boost to organizational profitability. Organizations adopting a closed system are less likely to reach its full potential. Therefore, we work closely with our diverse partners, helping our clients to break away from self-sufficiency to boost business performance.


Competition spurs innovation. We provide you with essential problem-solving skills and valuable capital to facilitate your needs.
Ideas alone are of no value until they are executed together with our clients.

Innovation Dynamics Framework


Businesses-building / Open Innovation Partners : Working towards achieving results to become a dominant presence for our clients.

 1. Process & Program
Necessary processes and programs are designed and jointly run to produce results through innovation. (We work closely with our clients to achieve results)

 2. Future Center
The hub of knowledge sharing, ideas, testing and co-creation with clients/partners.

 3. Ecosystem & Alliance
With the focused domain in mind, we go before our clients, building and managing connections (prior investment in the network) for the best results.


We lay the groundwork to establish the essential network our clients require.


ICMG Innovation Alliance in Singapore

An alliance that encourages exchange of advanced knowledge/wisdom (framework, practical issues, groundbreaking solutions, etc) pertaining to open innovation across its members.

Food Innovation Alliance in Singapore

An alliance in the food industry that focuses on the localisation of Japanese enterprises in Asia/ASEAN countries, as well as new product development, test beds and marketing support.

Venture Co-creation

Start-up creation and management methodology. Through VCC process we are able to create start-ups rapidly, guide them to initial success and create value for our stakeholders as well.

Singapore As A Strategic Base

Government-led Innovation
Early adopters of innovation in the world

With the help of government initiatives, we adopt the latest innovations around the world and facilitate the expansion of companies through showcases and achievements in Singapore.

Experimental site for online businesses
Business opportunities through the integration of technology in local issues

Leveraging on government support, we help our clients overcome the abundance of challenges and lead their businesses to digital victory.

Asia / Global Hub
The Center of Asia Pacific Advanced Network (APAN) Consortium

Grow your business with insights obtained from business experiments conducted in Singapore—the hub that encourages horizontal business expansion for cities such as Tokyo, Bangkok, Jakarta and Kuala Lumpur.


Focus areas that hold a growing importance to the future of the global society while increasing ICMG’s sustainable advantage:


Healthcare / Food






Our services are developed through our self-invested platform to ensure successful “multiplication” of large enterprises.

Business-building Services

Asia Strategic Building Program
Formulate strategies while engaging in discussions with strategic partners in Asia’s Innovation Hub.

Innovation Strategy & Ground Design Construction Program
At regional/business level, we formulate strategic policies as well as the ground design to bring the Innovation Ecosystem to fruition.

Business Model Construction / Verification (Experiments · POC) Program
While committing ourselves to the strategic objectives, we help our clients with ideation, business model construction, partnership sourcing and initial verification/experimentation.

Future Center Program
ICMG Future Center supports your business by providing office spaces, local networks and office service/internships.

Execution Services

Business Alliance / Capital Alliance Support Program
We facilitate business tie-ups and capital tie-ups with partners that agree with the strategy/business model.

Open Innovation Center / HQ Establishment Support Program
We cooperate with EDB, etc, to provide support in establishing the story behind the importance of the HQ and what it should be like.

Global Leader/Entrepreneur Talent Development Services

Human Resource Strategy · Ecosystem Ground Design Program
Gain deep insight on HR issues and solutions from the overall strategy and get the big picture regarding the functions of the company’s whole ecosystem.

Leadership Training to Equip Wisdom and Create Axis
We aim to foster the next generation of managers and leaders and provide a place of practice for selected human resources based on practical corporate tasks and innovation themes.

Cross Competition
Here we foster leaders to lead in the age of Open Innovation and accomplish great results, as well as to generate and implement cross-industry/company ideas.

Our joint project partners from each focus area of the Ecosystem Hub



Organization Partner

Sustainable Living Lab (SL2)

Located at the centre of the ASEAN network, Sustainable Living Lab is a social innovation lab that plans and manages ideas in large enterprises and the Singapore government. It holds prototyping workshops to advance UN Sustainable Development Goals (SGDs). ICMG works together with SL2 to plan and manage ideas in large enterprises.


E27 is the largest media and event platform (Echelon) in the ASEAN region that focuses on developing Asia's technology startup ecosystem. ICMG has teamed up with E27 to plan and manage an identification program for Japanese companies and Singapore’s diverse start-ups.

Plug & Play

Plug and Play Tech Center in Silicon Valley is a venture fund, innovation platform, startup accelerator, and corporate innovation consultancy. With over 350 investments in more than 10 countries around the world, Plug & Play is planning and operating a startup acceleration program with ICMG.

NUS Enterprise

Espousing to be an incubator, NUS Enterprise is the entrepreneurship arm of Asia’s top university. Besides the Lean LaunchPad Singapore program, it provides support to start-ups and runs support programmes for large enterprises. NUS Enterprise is working with ICMG to plan and manage startup accelerator programmes.


Food Innovation & Resource Centre (FIRC) is a government innovation center launched to represent the food industry in Asia. It is established as an one-stop venue to provide food enterprises with technical expertise in new product development, market testing, etc. In partnership with ICMG, it plans and operates a food innovation platform for Japanese companies.


AIRmaker is an IoT-focused accelerator that is a joint venture between sustainable urban solutions provider Ascendas-Singbridge, Shenzhen-based technology enterprise Runyang Group and innovation agency SGInnovate. It holds programs that promotes ideas pertaining to prototypes and business POCs. ICMG works closely with AIRmaker to plan and operate an IoT / Smart Home startup acceleration program.

Startup bootcamp

Startupbootcamp, the leading accelerator in Europe, organises accelerator programs that include Smart City & Living, Fintech, Smart Transportation & Energy, Digital Health programs and more. ICMG is working with Startupbootcamp to plan and operate Fintech startup acceleration programs.

Origgin / Enlop

Origgin and Enlop are companies that specialise in business-building. They are under the leadership of Clarence Tan (ICMG Independent Director), a NUS graduate who has founded many other companies and is a director of government-affiliated companies. As the only company privileged to work with ASTAR to form joint ventures, Origgin and Enlop works together with ICMG and its clients to develop their businesses.

STT /STT GDC / STT Connect

STT is the world’s second data center provider with affiliated companies that provide digital platforms (clouds, applications, etc.) Together with ICMG, STT facilitates business development, with the use of STT’s cloud digital platform.


ACA is a company based in Singapore that is one of the best-performing fund managers in Southeast Asia. It has managed over USD900 million of funds and is a group company of ICMG. Apart from co-investments, it also cooperates with ICMG to identify partners that achieve business model innovation for large Japanese companies.

Team & Partners

Hitoshi Funahashi / 船橋 仁

Hitoshi Funahashi joined a renowned Japanese company called Recruit Holdings Co., Ltd. in 1987 and led the creation of a business incubation division in the company and provided start-up companies with comprehensive support services. In 2000, he has founded ICMG Co., Ltd. and has been leading top management of Japanese big companies such as Hitachi, Tokyo Electric Power Company etc. Hitoshi holds a MBA and Ph.D. from the Graduate School of Economics, Waseda University and is the Vice-Chairman for Middle Market Business Revitalization Committee, Japan Association of Corporate Executives.

Yusuke Tsuji / 辻悠佑

After working at J.P. Morgan, Yusuke Tsuji joined ICMG, where he is primarily involved in new business developments and Open Innovation. Besides working closely with clients from the idea stage to the commercialisation of their businesses, he has broad experience in facilitating the design and implementation of innovation strategies, corporate innovation processes, personnel requirements and various systems, etc, so as to deliver effective innovation management in large enterprises. He also has experience working under several directors. He completed his studies at Graduate School of Engineering, Kyoto University.

Clarence Tan (Independent Director of ICMG Singapore)

Clarence Tan has launched a number of technology startups in Singapore such as Perfect Innovation Pte Ltd and Pinnz Pte Ltd, and is currently the CEO of Global Roam Pte Ltd that was established in 2001. He also founded Origgin and Enlop, where he works closely with A*STAR to aid and fund venture co-creation and facilitate joint development with large companies. A graduate of University of Southern Queensland, he pursued an MBA at National University of Singapore (NUS).

Gen Funahashi / 船橋 元

Gen Funahashi has led cross-border M&A at Deloitte and launched aircraft parts financing fund as well as managed medical device financing fund at ACA Investments. In 2017 he has joined ICMG as a director and accelerated venture co-creation with Clarence Tan in Singapore. Also he has successfully launched the joint venture in Singapore to provide renewable energies to areas without electricity in Asia. Graduated from School of Political Science and Economics, Waseda University and also completed an exchange program at Boston University.

Akihiro Azuma / 東 明浩

Akihito Azuma has experience in group management and financial strategies in recruitment and was mainly involved in M&A and private equity investment as the Managing Director at Nikko Antfactory K.K. (now Ant Capital Partners Co., Ltd.). He is also the CEO and President of ACA Co., Ltd (previously known as Anto Corporate Advisory Co., Ltd.) and joined ICMG in 2011. He specialises in providing financial advice as well as support in the corporate venture capital field. He is a graduate of the University of Tokyo, Faculty of Medicine.

Veerappan Swaminathan (Founder & Director)

Veerappan Swaminathan is a pioneer of the Maker Movement in Singapore and a sustainability-oriented entrepreneur. He established Sustainable Living Lab and the OneMaker Group to tackle sustainability challenges and drive hardware innovation. Through his work, Veerappan aims to achieve sustainable development goals in ASEAN and be the driving force of hardware innovation. He has also led organisations to win awards such as the Young Enterprise For Sustainable Development Award 2015. Veerappan is a graduate of the National University of Singapore (NUS) (being in the top 3%, he was elected for the University Scholars Program).

Atem S. Ramsundersingh (Wenergy Founder)

Atem Ramsundersingh has experience and knowledge in developing businesses and projects in emerging economies and in complex decision-making. Presently at WEnergy Global Pte Ltd, a provider of renewable energy solutions, he manages projects ranging from electric power development to power sales in the Philippines, etc, for the government and other related companies. Prior to this, he has worked as a Senior Program Manager at the World Bank Group and was the former Program Director at UNESCO-IHE Institute. He holds a Masters Degree in Infrastructure Engineering of Delft University of Technology.

Mann Na Loong (FIRC Centre Director)

Mann Na Loong has served as the director of Food Innovation & Resource Center (FIRC) since its establishment and has led many projects with food-related companies for 10 years. As a Deputy Director at Singapore Polytechnic the School of Chemical & Life Sciences, she organised courses on applied technology related to food, nutrition, and health. Since 2014, she has been working as a coordinator in the Singapore government's food manufacturing sector.

Isao Segawa / 瀬川 勲

During his time at Sojitz Corporation, a general trading company, Isao Segawa was based overseas for 8 years and has experience in international trade and business investment. As a board member (later Representative Director) of a business investment company named Staff Service Investment Co., Ltd (later known as OG Investment Co., Ltd.), he was involved in funding technology ventures and revitalising businesses of restaurants, resort hotels, golf courses, sake breweries, and more. Isao joined ICMG in 2012 and serves as a CFO in M&A and alliance business. He graduated from Kobe University Law School.


1. 貴社、およびご自身の現在の役割についてお聞かせください 金属キャップの製造・設計、開発の仕事を12年してきました。2−3年前からは、これらの現業とイノベーション活動を半分ずつ行なっています。 2. イノベーション活動を始めた背景とこれまで活動についてお聞かせください  欧州向けのビール製品立ち上げを担当することになり、海外を飛び回る中で世界を感じ始めました。弊社の中嶋社長もこれからは世界を見据えてビジネスをしないと生き残れないと、社内の風向きも変わっていきました。 今まで、顧客からのプレッシャー等を受け、疲弊しながら製品開発を行う社員が、私含め多くいました。しかしそのような状況下では新しいものを作ることはできないだろうという考えに基づき、シンガポールの地へと切り拓いていきました。 新しい取り組みやイノベーション活動への意識の低さに関しては、常々危機感を感じていました。しかしそのやり方やノウハウは、当時の弊社にはありませんでした。 新規事業という意味では、今までも革新的な製品を開発することは社内全体で昔から言われ続けていることで、新規事業開発の部署も実は10年くらい前にはありました。しかし、外の部署から見ると、一体何をやっている組織なのか、果たして新しいものを生み出せるのか、と自分自身含め感じている人が多くいました。新規事業への価値を感じていなかったのでしょうね。社内全体でもそういった雰囲気がある中で、新規事業部のプレゼンスは決して高いものではありませんでした。実際に、部署内の人員縮小、削減が行われてしまいました。 現在も、会社全体としての「変化」はまだまだだと感じています。相変わらず現業ばかりに囚われている人は多く、大きな課題だと感じています。 3. なぜシンガポールに進出しようと決意されたのですか  2017年に実際にシンガポールに来て、「変化を起こせるチャンス」がここにら溢れていると、とてつもない潜在力を感じました。これが私自身のターニングポイントとなりました。今まで現業に凝り固まっていた自分を変えていきたい、脱却したいという思いが強まりました。 シンガポールでは、日本と比べて明らかな違いを感じました。シンガポールでの約2年のイノベーション活動の中で肌で感じたのは、シンガポールに来てこの国に触れた人は全員と言っても過言ではない程、シンガポールが好きになっています。そこには日本にはあまりないオープンマインドになれる環境があることが大きいように思います。 社内のミーティングでさえ、日本で実施するよりも、不思議な程にシンガポールの方が豊富なアイディアが出てきます。恐らく人々がシンガポールのオープンな環境や何でも受け入れる風土の中で、議論に集中できること等がそうさせているのでしょうか。 そして、ICMGと協働することで、シンガポールで様々なキーパーソンに繋がり、どんどんネットワーク広がっていっていることは、日本にいる時と比べて圧倒的なメリットに感じます。そういった世界を変えようとしている人との出会いが、自分自身の視座を高めてくれて、視野を広げてくれます。日本では感じられない価値観を得ることも、シンガポールの最大の魅力の一つだと思います。 4. シンガポールでの活動の中で感じた困難やモチベーションについてお聞かせください シンガポールで活動をしていると、やりたいことが次々に溢れてきます。しかし、どのようにして会社全体を巻き込んでいくか、という大きな壁は常々感じています。きっとどこにいても、新しいことをやろうとする人の足を引っ張り、妨げようとする人はいます。 今回、UNDPとのSDGsに関するプロジェクトをICMGと立ち上げたのですが、その良さを理解してもらい、予算を獲得する過程でも、大変苦労しました。 ...
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ICMG Innovation Platformのイノベーションパートナーネットワークでは、3ヶ月に1度のInnovation Sessionと呼ばれるリアルセッションで、パートナーとつながり、成功例から最先端のノウハウを学ぶことが出来ます。スタートアップのみならず、政府、NGO、アクセラレーターなどが多く参加するInnovation Sessionの2019年第1回目が6月26日に開催されました。 <日時・場所>
  • 2019年6月26日( 水) 14:00-19:00
  • シンガポール・ICMG Future Center2, Blk71
  • ICMG Singapore Pte Ltd
  • Enterprise Singapore (ESG)
  • Action Community for ...
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ICMG Innovation Platformエバンジェリストとは、世界にとって存在意義あるイノベーションを創り出すという大目的にICMGと共に共感して頂き、更に共感できる仲間を増やす活動を共に実施して頂ける方に対して、弊社からお声掛けし、双方合意のもとでIIPに参加頂くものです。 我々はエバンジェリストの皆さまと共に、多くのコーポレートを巻き込み、共感できる仲間と世界にとって存在意義あるイノベーションを持続的に創り出していく挑戦が出来ればと思っております。エバンジェリスト一覧:  Image Grid TitleRead More ...
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ICMG Innovation Platformは、大企業、スタートアップという枠組みを超え、多様なステークホルダー(政府、NGO、企業、スタートアップ、アクセラレーター、個人)との共創を通じてオープン院のベーションを加速しています。
シンガポールのグローバル成長戦略をはじめ、イノベーションを世界中で加速させる政府組織、Enterprise Singaporeや、スタートアップエコシステムの構築・発展にフォーカスする政府系ハブ組織であり、シンガポールや東南アジアを中心に、世界16都市、2万5千のスタートアップを束ねるAction Community for Enterpreneushipなど、ICMGはシンガポールにおける様々な組織とパートナーを結んでいます。


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していれば、新しい時代から取り残され、存在意義の無くなって行くことと確信をしています。 ICMGとしての新たな挑戦そのような中、我々は、新しい時代を前提としてよりインパクトを持って日本企業のイノベーションを加速することを使命感とし、我々としての挑戦を始めることを決意致しました。それがICMG Innovation Platformです。 イノベーション経営基盤への貢献本ICMG Innovation Platformは、シンガポールを軸とした共創型イノベーションの加速を目指し、コーポレートのイノベーションの経営基盤の一つとして有効に機能し続けることを目指します。
新たな時代をイノベーションで駆け抜けるための下記の3つを常時提供していきます ①世界で常にバージョンアップされて行くイノベーションナレッジ
(新たな時代を捉える視点、イノベーションの成果創出方法などを提供) ②互いに学び合い、互いに共創しうるイノベーションパートナーネットワーク
(スタートアップのみならず、政府、NGO、アクセラレーターなどとのネットワークを提供) ③自社の目的の発見・具体化に繋がるイノベーションオポチュニティ
(リアルにビジネス・POCを共創できる機会を提供) 新たな時代をリードする挑戦者たちのコミュニティICMG Innovation Platformが、我々からの一方的な提供ではなく、新たな時代の価値観を共有・共感したコミュニティとして、相互に学び合いながら、相互にインタラクションしながら、挑戦を加速するに最適なコミュニティも目指していきます。 ...
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About Us

ICMG Future Center in Suntec Value Creation

6 Temasek Boulevard #42-02 Suntec Tower 4 Singapore 038986

ICMG Future Center in Blk 71 Value Extraction

Blk 71 Ayer Rajah Crescent #05-19/20/21 Singapore 139951


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