In a bid to attract foreign investments, the Media Development Authority of Singapore (MDA) has simplified its industry funding schemes from 46 to five.
The MDA Grant Schemes are applicable to all seven sectors of the media industry: Broadcast, Animation, Film, Music, Interactive Media, Games and Publishing.
A total of S$88m has been set aside for the five schemes. Existing projects under the 46 schemes will continue to be serviced to completion. Full story
