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Govt reiterates backing for crowdfunding

MS LOW: 'Startups add vibrancy to the business environment, create jobs and contribute to innovation by bringing in new ideas.'


THE government on Monday reiterated its support for crowdfunding as a dynamic financing tool for startups, as well as for the continued growth of innovation and the startup ecosystem here.

Low Yen Ling, Parliamentary Secretary for the Ministry of Trade and Industry, said