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S$10m for start-ups in Interactive Digital Media sector
By Ali Smith, Channel NewsAsia | Posted: 31 October 2008 2144 hrs

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SINGAPORE: The Singapore Infocomm Technology Federation (SiTF), together with the IDM Research and Development Programme Office (IDMPO), will offer up to S$10 million worth of funding for a new mentorship programme.

Young start-up businesses in the Interactive Digital Media (IDM) sector will have the opportunity to get advice from technological and business experts on how to innovate and develop their project ideas towards commercialisation.

SiTF will select individual projects for grants of up to S$50,000.

So far, SiTF and IDMPO have helped 90 start-up projects get funding and expect to help another 450 in the next few years.


- CNA/so


 


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