Singapore’s National Research Foundation (NRF) has given out grants up to S$40 million (around $30 million) to four large local enterprises (LLEs) for investments in startups in the city-state, in an announcement at InnovFest unBound 2016, a innovation festival and digital conference organised by NUS Enterprise and unBound Media.
Singapore’s NRF awards $30m to CapitaLand, DeClout, Wilmar, YCH to invest in local startups
