The move is in addition to the $300 million previously set aside in Start SG Equity scheme unveiled under the Unity Budget on Feb 18. The scheme serves to aid deep-tech start-ups gain better access to capital, expertise and industry networks.
SINGAPORE (Mar 26): Promising start-ups in Singapore can now tap on the $285 million set aside to help them sustain their innovation and entrepreneurship endeavours.
Under this scheme, the government will use the funds to match private investments made to start-ups, Deputy Prime Minister and Finance Minister Heng Swee Keat announced in his Fortitude Budget speech on Tuesday.
