New funding opportunities for technology startups in Singapore.

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 [...]

Singapore moves forward to become a regional hub for on-demand internet services

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 [...]