Early Stage Venture Funds Get Boost From NRF
The National Research Foundation (NRF) – part of the Prime Minister’s Office – announced this week that it would be distributing some $60 million worth of venture funding to six companies under its Early Stage Venture Funding scheme.
The NRF expects the funds to go towards early-stage investments to cultivate a culture of early venture funding. The six companies selected by the NRF will match the funding dollar-for-dollar and have begun to hunt for worthy startups to invest in. They are: BioVeda Capital II, Nanostart Asia, Raffles Venture Partners, Tamarix Capital, Upstream-Expara and Walden International.
See the official press release here, or coverage in TODAY or Channelnews Asia.
Young Upstarts is a business and technology blog that champions new ideas, innovation and entrepreneurship. It focuses on highlighting young people and small businesses, celebrating their vision and role in changing the world with their ideas, products and services.
Loading ...
