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Singapore IT industry raises funds to support startups

Veronica C. Silva | July 4, 2012
S$1 million will be available to most 'investible' Singapore startups.

The final amount of investment awarded to the startup will be subject to discretion of the financiers of the investment funds. The investment would be a direct equity investment and the amount of equity stake required would be based on an investment agreement to be agreed and entered into between the startup and the financiers.


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