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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 identified by the incubators, capped at $500,000 per company while the in...

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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 and business-matching with potential overseas customers to help independent software vendors go regional....

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