The Chair of Architecture and Construction Dirk E. Hebel at FCL Singapore was awarded the SMART Innovation Grant in the tune of SG $250.000 on March 22, 2013. The grant supports the research of CoReSing in the area of bamboo composite reinforcemnet systems and will assist to help it reach the marketplace. The SMART Innovation Grant enables the research team to pursue new avenues of extended research and participate in programs that will help accelerate innovations toward commercialization. The funding will be used to de-risk the technology by developing prototypes or conducting proof-of-concept experiments and determine a go-to-market strategy for the products or services being developed. The end point of the grant funding would be a well defined business opportunity attractive to start-up company formation or licensing to a commercial firm.