Singapore News


In this Budget, the Government will provide more financing options to further deepen the market in Singapore for financing innovative start-ups:
a. First, reducing post-seed funding gaps for start-ups by increasing the amount that the Government co-invests with private investors in SPRING’s Startup Enterprise Development Scheme (SEEDS) and Business Angels Scheme (BAS), to catalyse more funds for start-ups with financing needs.
b. Second, piloting a venture debt risk-sharing programme with selected financial institutions.


Source: MOF  #‎SGBudget2015‬