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Philip Yeo Initiative to benefit NUS students

2 Aug 2013

Mr Yeo delivering a speech at the announcement of the Initiative

(From right) Prof Tan, Ms Chong and Mr Lim Swee Say, Minister in the Prime Minister’s Office, pledging their support for the Initiative
In more than 40 years of public service, Spring Singapore Chairman Mr Philip Yeo (’74), an illustrious NUS alumnus, has transformed Singapore’s economy and created thousands of jobs. Now, his ‘Make a Difference’ attitude, which has helped write the country’s economic history and develop a generation of leaders, is being celebrated and perpetuated by the establishment of the Philip Yeo Initiative at his alma mater.

Established with gifts by those who have worked with Mr Yeo and who have witnessed the inspiring impact of his dynamic personality and leadership, the Philip Yeo Initiative aims to identify and develop the next generation of Singapore’s leaders.  The gifts will support the Philip Yeo Entrepreneurial Awards and the Philip Yeo Innovation Fellows at NUS, both of which will be awarded this year.

Former Ascendas President and CEO Ms Chong Siak Ching (’81), who championed the establishment of these initiatives, said: “His brand of leadership is unique. He dares to push boundaries and do what’s right, not for himself, but for the nation.” Ms Chong, who is now CEO of The National Art Gallery, is a member of the NUS Board of Trustees.

The Award will enable dynamic entrepreneurial students to participate for up to one year in the unique NUS Overseas College (NOC) programme. Students will undertake an internship at a start-up company located in a leading entrepreneurial hub, while at the same time studying entrepreneurship related courses at highly prestigious partner universities. Current locations for the NOC programme include Silicon Valley (USA); Philadelphia (USA); Shanghai and Beijing (China); Stockholm (Sweden); Bangalore (India) and Tel Aviv (Israel).

The one-year Fellows Programme aims to develop a global network of budding entrepreneurs in diverse sectors – social, economic, engineering, etc. The Fellows will visit major entrepreneurial hubs overseas and meet with relevant leaders to further their innovative ideas and initiatives.

Both the Award recipients and Fellows will have the opportunity to meet Mr Yeo and be mentored by his local and international network of associates.

Speaking at the launch of the Initiative, NUS President Professor Tan Chorh Chuan said that Mr Yeo “has a very genuine interest in helping young people and he continues to be your mentor; it’s a long term relationship, which explains why there’s such a network of goodwill for him”.

If you have any queries on the Philip Yeo Initiative, please contact NUS Overseas Colleges at or 6515 8063.

By NUS Development Office