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DBS Foundation contributes $1.5 mil for digital inclusivity, AI literacy under renewed partnership with IMDA

Jovi Ho
Jovi Ho • 3 min read
DBS Foundation contributes $1.5 mil for digital inclusivity, AI literacy under renewed partnership with IMDA
DBS Foundation and IMDA aim to collectively reach out to 250,000 individuals — including senior citizens, youth, and individuals with special needs — over three years. Photo: Bloomberg
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DBS Foundation will contribute $1.5 million to the national Digital for Life (DfL) Fund to support digital projects that address ageing-related needs. With the government’s dollar-for-dollar matching, the donation totals up to $3 million — making it the largest corporate donor to the DfL fund, which provides grants to individuals and non-profit organisations driving digital inclusion projects.

In addition, DBS Foundation will work with the Infocomm Media Development Authority (IMDA) to develop a new Generative AI (GenAI) curriculum and roll out 1,000 workshops islandwide with the support of the bank’s employees.

According to an Aug 4 announcement, these workshops seek to equip participants with the tools, skills and confidence to embrace digital learning and artificial intelligence (AI) technologies.

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