SMU’s Institute of Innovation and Entrepreneurship has signed a memorandum of understanding with QBO, an innovation hub in the Philippines to expand the international activities of both parties through leveraging each other's strengths and networks in the area of innovation and entrepreneurship. The collaboration will pave the way for SMU and QBO to jointly pursue synergistic projects in innovation and entrepreneurship. SMU and QBO will partner to facilitate internship placements for entrepreneurial students from SMU to startups accelerated by QBO in the Philippines. In addition, both parties will serve as a launchpad with access to resources and networks for startups from Singapore and Philippines looking to expand to the other country.