On 28 January 2003, the Intellectual Property (IP) Academy of Singapore officially opened its doors to the public.
This latest law training academy offers certification courses and executive training to lawyers, patent agents, marketing strategists and investment bankers. The academy hopes to train up to two hundred and fifty such professionals annually on the know-how’s of managing and protecting inventions and other intellectual assets.
At the opening ceremony, Singapore’s Senior Minister of State for Law and Home Affairs, Professor Ho Peng Kee, announced his beliefs that "the IP Academy will play a catalytic role as (it) expands the frontiers of Singapore’s pioneering efforts in IP" and that the academy can assist in the drive to nurture the country as "an IP hotspot".