Seven new incubators have been selected to participate a co-investment funding scheme by the National Research Foundation. They include well-known Silicon Valley-based incubator, Plug & Play and Social Slingshot, an incubation set-up by Brad Greenspan, founder of MySpace.com.
Under the Technology Incubation Scheme (TIS), the government will provide up to 85 percent co-investment in each start-up [...]
R&D giant Fraunhofer-Gesellschaft, the German company that developed the MP3 technology, will set up a $10 million research institute at the Nanyang Technological University (NTU) in Singapore as its pioneer entry to Asia.
The team comprising local and international hires will be involved in cutting-edge research in computer graphics and virtual reality.
NTU provost Bertil [...]
Intalio, Inc., the Enterprise Cloud Company, today announced that it will develop a Governance Risk and Compliance (GRC) system and Partner Relationship Management (PRM) system for use in Singapore and other Southeastern Asian countries.
Intalio is also announcing that it is establishing an R&D center in Singapore to support its development efforts and to foster innovation [...]
Sumo Ltd, a Finnish software company is pleased to annonce that its Singapore subisdiary, Sumo Singapore Pte Ltd has set up the Sumo Engineering Centre, with the support from Infocomm Development Authority under the Infocomm Centre (iCentre) programme.
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Singapore moves another step closer to becoming a regional hub for developing new online applications and attracting technology companies to set up base here. The country’s largest telco, Singtel is in partnership with IDA to commercialise locally-developed applications and IE Singapore to promote them to mobile customers and businesses in the region, through mentoring [...]