21.1.11

Singapore Government continues to invest in Incubators

In August 2009, the National Research Foundation (NRF) of Singapore announced a call for incubators to apply for a new Technology Incubation Scheme (TIS). The scheme, with its 85-15 (gov-incubator) funding split and attractive buyout options, favours the incubator who has the resources to fullfill its criteria and execute operations. 7 incubators have been unveiled.