Yahoo! News Singapore, 30 Aug 2012Former Singapore head of civil service Ngiam Tong Dow urged the Ministry of Finance (MOF) to provide S$100 million to the Economic Development Board (EDB) for investing in student-initiated start-up companies.
Speaking at a National University of Singapore (NUS) U@live forum on Wednesday evening, Ngiam, the university’s pro-chancellor, said the country needs to take a stake in local start-ups to capitalise on what he sees are among Singapore’s strategic assets — universities and polytechnics. Full story
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