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EDB to back corporate ventures with strategy, networking, capital

Its New Ventures arm wants Singapore to be destination for large corporates to create new ventures

Janice Heng

Published Thu, Feb 14, 2019 · 09:50 PM

Singapore

LARGE corporates looking to start new enterprises can get strategic advice, networking help and even risk-sharing investment from the New Ventures arm of the Singapore Economic Development Board (EDB).

EDB assistant managing director Beh Kian Teik, who oversees this arm, said: "We want to make Singapore a place where large corporates come to create new ventures."

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