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General

SingTel Innov8, partners establish incubation programme

Tuesday 5 April 2011 | 00:20 CET | News
SingTel's corporate venture capital fund SingTel Inno8, the Media Development Authority (MDA), and NUS Enterprise are jointly establishing a strategic incubation programme called Blk71. As part of Blk71, MDA and SingTel Innov8 have signed a memorandum-of-understanding (MOU) to provide funding and create a dynamic environment for start-ups in the interactive digital media sector. Under the MOU, both parties will make joint calls-for-proposals which will provide successful start-ups with up to SGD 50,000 of initial seed funding and opportunities for follow-on funding of SGD 200,000 or more. MDA

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Categories: General
Companies: SingTel
Countries: Singapore
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