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NTUC’s affiliated union, the Food, Drink and Allied Workers Union (FDAWU) today signed a Memorandum of Understanding (MOU) with local start-up Alchemy Foodtech to set up a Company Training Committee (CTC). Alchemy Foodtech also agreed to formally recognise FDAWU, so that its workers can join the union. The company is also one of the first local start-ups to have signed a CTC MOU with FDAWU.
At the visit to Alchemy Foodtech, NTUC Deputy Secretary-General (DSG) Chee Hong Tat together with partners from Alchemy Foodtech and FDAWU were present to witness the CTC MOU signing. DSG Chee also toured Alchemy Foodtech’s Science and Cooking Lab station and took part in the sampling of various carbohydrate-based foods like chicken rice, steamed buns and chiffon cakes, made healthier with Alchemy Fibre™; and a high fibre prata, which is a collaboration between Alchemy Foodtech and local roti prata chain, Springleaf Prata Place.
Supporting Start-ups on Hiring, Partnership Opportunities, and Improving Processes
Alchemy Foodtech is a local start-up with good growth potential. Commenting on the CTC MOU Signing, NTUC DSG Chee Hong Tat said, “NTUC is glad to partner innovative start-ups like Alchemy Foodtech through the CTC platform, and enable them to scale up their business and workforce by tapping on the Labour Movement’s networks and resources. We are investing in our future pipeline of unionised companies. When these promising SMEs succeed and expand their operations in future, we can grow our partnerships with them and achieve win-win outcomes for both businesses and workers.”
With the MOU signing, Alchemy Foodtech is able to leverage the resources and network at the Labour Movement to support their growth, and in the process, upgrade and create new jobs for workers. These include strategic business planning at the upstream, to implementing job redesign programmes and providing start-ups with the necessary manpower hiring and training solutions.
For a start, NTUC’s e2i (Employment and Employability Institute) will be supporting Alchemy Foodtech’s hiring needs with job-matching and placement programmes to fill 15 of its vacant positions in business roles in the next two years. The start-up can also benefit from NTUC LearningHub’s suite of training courses to upskill its current workforce in areas such as data science and analytics.
Start-ups like Alchemy Foodtech, can also tap on the Labour Movement’s network of 58 affiliated unions, seven affiliated associations, 12 social enterprises and over one million members. This includes working closely with FDAWU and other unionised companies such as NTUC FairPrice Group Food Services and Four Seasons Hotel Singapore to explore further opportunities for collaboration.
Through the MOU, NTUC and FDAWU will also support Alchemy Foodtech in their leadership development and employee upskilling needs as they grow their teams. The NTUC Industry Training and Transformation team will also work with the company to develop its business and workforce transformation roadmap through the fully-subsidised Operation and Technology Roadmap (OTR) tool.
FDAWU General Secretary Tan Hock Soon said, “FDAWU plans to leverage the NTUC Training and Placement Ecosystem to support Alchemy FoodTech in its business and workforce transformation efforts. At the broader level, FDAWU hopes to be an aggregator to bring together businesses, industry players and relevant agencies to create opportunities for businesses and our workers.”
CEO and Co-Founder of Alchemy Foodtech Mr Alan Phua shared “Alchemy Foodtech is scaling up to venture into more segments and regional markets. To support this growth, we need to attract talent and deepen the capabilities of our existing team. The collaboration with NTUC and FDAWU will help us to address the talent gap, build a successful team, and open doors for us to establish strategic partnerships for further business growth.”
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