SINGAPORE (April 24): DeClout Limited’s wholly-owned subsidiary, DeClout Investments, has launched an incubator arm targeting local startups from the information and communication technology (ICT) sectors.

Under the incubation programme, the Catalist-listed company says it intends to nurture local startups in key ICT market niches of financial technology (fintech), cybersecurity, data analytics and smart logistics, with support from SPRING Singapore’s Startup SG Accelerator scheme.

This will be accomplished by mentoring the startups in their early stages while helping them in product development, proof-of-concept, commercialisation and subsequent fundraising.

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