IPI
IPI is a Singapore-based innovation advisory firm founded in 2011 that helps SMEs find the right technology and expert guidance, serving SMEs, corporates, and tech providers through a curated advisory and matchmaking model.
- Company typePrivate
- Founded2011
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
What IPI does
IPI is a Singapore-headquartered innovation advisory organization founded in 2011 that helps small and medium enterprises (SMEs) adopt technology and scale their businesses. The firm serves three customer segments: SMEs (primary), Corporates, and Tech Providers, acting as a matchmaker and advisor between demand for technology solutions and supply of expert guidance. Its core offerings include Business Advisory Services, Technology Matching, and Innovation Advisory Services, the latter pairing SMEs with industry veterans who have scaled innovations globally. The company is structured as a private, service-oriented firm with 11-50 employees operating from Singapore, with no evidence of public listing, external funding, or material geographic expansion beyond Singapore.
IPI's business model is advisory and matchmaking rather than software- or product-led. Revenue mechanics are not publicly disclosed; engagement appears to be direct, relationship-based advisory work sourced through ipi-singapore.org and curated by named Innovation Advisors. The firm differentiates on the seniority and global scaling experience of its advisor bench, and on its position as a connective layer between three sides of the Singapore innovation ecosystem (SMEs, corporates, tech providers). The technology stack is essentially a website with an 'Ask me anything' conversational AI widget and no published API, SDK, or proprietary platform; no patents, certifications, or regulatory filings are disclosed. Wong Lup Wai is listed as Chief Executive Officer, and no other management team members are detailed in the available sources.
IPI firmographics
Firmographics- Name
- IPI
- Legal name
- IPI
- Website
- https://ipi-singapore.org
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- IPI is a Singapore-based innovation advisory firm founded in 2011 that helps SMEs find the right technology and expert guidance, serving SMEs, corporates, and tech providers through a curated advisory and matchmaking model.
- Ownership category
- akta.pro rank
Where IPI is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
IPI business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
IPI product offering
Product offeringCore offering
IPI provides innovation advisory services to Singapore SMEs, partnering them with the right technology solutions and expert advice from industry veterans to help grow their business. The organization connects SMEs with technology providers and offers tailored guidance to solve business challenges, find appropriate technology, and scale innovations globally.
Product overview
IPI offers a suite of advisory services for Singapore SMEs, comprising Business Advisory Services (which help partner companies find the right technology and solve business challenges) and Innovation Advisory Services (which connect businesses with industry veterans who have scaled innovations globally). The offering is service-oriented rather than a software platform, focused on providing expert advice and technology guidance to help SMEs grow.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Advisory Services Advisory services that partner Singapore SMEs with technology solutions and expert advice to support business growth. The service helps SMEs find the right technology, get expert advice, and solve business challenges.
- Technology Matching Service helping SMEs find the right technology solutions for their business needs by connecting them with suitable technology providers from IPI's ecosystem.
- Innovation Advisory Services Advisory services connecting SMEs with industry veterans who have scaled innovations globally to provide expert guidance on innovation and business growth.
Companies that use IPI
Customer profileSegments3 records
Ideal customer profiles3 records
IPI technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
IPI partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights2 records
IPI competitors and assessment
Company assessmentDirect peers
- Plug and Play Tech Center: Global innovation platform that matches corporates with startups and technology providers. Directly comparable to IPI as a multi-sided innovation intermediary, though Plug and Play operates at much larger scale and global footprint.
- NineSigma: Open innovation services provider that connects large organizations with external technology solutions and innovators. Closely parallels IPI's technology-matching function but serves primarily large global corporates rather than SMEs.
- Yet2.com: Technology transfer and licensing marketplace connecting technology providers with corporate buyers. Comparable to IPI's Technology Matching product, focused on monetizing and deploying external innovation assets.
- Wazoku (formerly InnoCentive): Innovation crowdsourcing and challenge platform helping organizations source solutions from external innovators. Comparable to IPI as a structured intermediary between problem-holders and solution-providers in an innovation context.
- Ayming: Global consultancy specializing in innovation financing, R&D tax credits, and innovation performance advisory. Comparable as a specialized advisory firm helping businesses access innovation-related incentives and capability, with similar advisory-heavy delivery model.
Broad incumbents
- Enterprise Singapore: Singapore government agency supporting SME growth, innovation, and internationalization. Overlaps materially with IPI's SME-innovation mandate, but operates as a broad public-sector incumbent with grants, programs, and policy levers rather than a private advisory firm.
- Capgemini Invent: Global innovation and digital transformation consulting arm of Capgemini, advising large organizations on innovation strategy and emerging technology. Comparable as an enterprise innovation advisor but operates at global scale and enterprise tier rather than SME.
Regional players
- ACTION Community for Entrepreneurship (ACE): Singapore-based non-profit network supporting local entrepreneurs and SMEs with connections, mentorship, and ecosystem programs. Comparable as a Singapore-only SME innovation enabler with overlapping audience of SMEs seeking advisory and partnerships.
- SGInnovate: Singapore deep-tech investor and ecosystem builder backing founders and connecting corporates to deep-tech startups. Adjacent to IPI's innovation-matching role but focused on deep-tech investment rather than broad SME advisory.
- Block71 (NUS Enterprise): Singapore startup hub and incubator operated by NUS Enterprise, connecting startups with corporates, investors, and mentors. Comparable as a Singapore-based ecosystem intermediary serving the SME/startup-innovation overlap with IPI.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
IPI social profiles
Digital presenceIPI financial estimates
Financial estimateRevenue estimate
Valuation estimate
IPI leadership team
Management profileNumber of profiles
Profiles1 record
IPI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
IPI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about IPI
What does IPI do?
IPI provides innovation advisory services to Singapore SMEs, partnering them with the right technology solutions and expert advice from industry veterans to help grow their business. The organization connects SMEs with technology providers and offers tailored guidance to solve business challenges, find appropriate technology, and scale innovations globally.
Is IPI a public or private company?
IPI is a private company. It is classified as unknown and is currently operating.
When was IPI founded?
IPI was founded in 2011. It employs 11 to 50 people.
Where is IPI based?
IPI is headquartered in Singapore, Singapore, in the Asia region.
Who are IPI's main competitors?
Direct peers on record are Plug and Play Tech Center, NineSigma, Yet2.com, Wazoku (formerly InnoCentive) and Ayming. Broad incumbents are Enterprise Singapore and Capgemini Invent. Regional players are ACTION Community for Entrepreneurship (ACE), SGInnovate and Block71 (NUS Enterprise).
Does IPI have an API?
No public API is recorded for IPI.