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Singapore's largest integrated startup space launched
BASH (Build Amazing Startups Here), a new startup facility located at Block 79 JTC LaunchPad @ one-north, was officially launched on Wednesday by Yaacob Ibrahim, Minister for Communications and Information.
An initiative driven by Infocomm Investments Pte Ltd (IIPL), the investment arm of the Infocomm Development Authority of Singapore (IDA), BASH is believed to be the largest integrated startup space in Singapore, spanning more than 25,000 square feet on Level 3 of Block 79.
It will congregate members and partners of the tech building community across the entire value chain - from accelerators, investors and incubators to entrepreneurs - all under one roof, said the IDA.
At the launch, Dr Ibrahim announced that IIPL has signed a memorandum of Understanding with Singapore Press Holdings (SPH) and Sunnyvale-headquartered global accelerator Plug and Play to run a corporate accelerator programme that will build high growth, innovation-driven Singapore-based digital media startups.
The first run is targeted to commence by the middle of this year.
"We have made great progress in having global partners such as the European accelerator Startupbootcamp set up a fintech-focused operation here in Singapore. As part of Singapore's journey to be a Smart Nation, we are also working on some really tough global challenges brought on by the inevitable trends of ageing population and urban density. That's the purpose of having BASH, the go-to-place for tech builders, investors and innovators to do more great things together," said Steve Leonard, IDA executive deputy chairman and IIPL chairman.