IMDA urges innovators to help Singapore be the world's first smart nation

It has helped 17 start-ups find buyers for their solutions.

In an interview with CNBC, the Info-communications Media Development Authority of Singapore (IMDA) CEO Tan Kiat How said he wants entrepreneurs to help Singapore become the world's first smart nation.

"We're looking at how innovation and ideas come together to solve real-life problems for the economy, whether it's in finance, healthcare, or logistics," said Tan.

The city-state, which has attracted hordes of tech start-ups, traditional companies and venture capital firms thanks to a robust tech eco-system and a lack of bureaucracy, is an ideal laboratory for innovation.

Read the rest of the story and the watch the interview here.