EDB commits additional US$24.5 million funding, facilitates partnerships with startups

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EDB commits additional US$24.5 million funding, facilitates partnerships with startups - Digital News Asia

Quick Summary:

Other support features of CVL 3.0 include: EDB co-funding up to 50% of professional services and manpower costs for each concept validation sprint and startup partnership initiative;

Additional grant support will also be available for select companies to launch and scale startup pilot projects, co-developed with their startup partners;

Where relevant, EDB will deploy its venture builders and advisory support to be part of the concept validation sprints and startup partnership initiatives, respectively;