Singapore tops up startup funding scheme to boost tech investments amid virus crisis

Singapore tops up startup funding scheme to boost tech investments amid virus crisis

Photo by Adhitya Andanu on Pexels

The Singapore government committed an extra 285 million Singapore dollars ($200 million) on Tuesday to top up an existing scheme to boost tech startups.

As capital flows into the city-state dries up amid the uncertainties triggered by the coronavirus pandemic, the Singapore government will match the money venture capitalists put into startups.

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