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P&G pumps in S$12m to grow new Singapore businesses

Published Thu, Mar 7, 2019 · 09:50 PM

Singapore

PROCTER & Gamble (P&G) marked the fifth anniversary of its Singapore Innovation Centre (SgIC) on Thursday with the setting up of a unit to support innovative product development and venture-building.

Called GrowthWorks, the S$12 million investment aims to boost experimentation and development of new businesses; it is set to grow at least three new startups in the hope of developing the next billion-dollar company.

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