The corporate venture capital conundrum in Singapore
Singapore
IT was with much aplomb back in 2016 when the Singapore government announced the third instalment of the Early Stage Venture Fund (ESVFIII) programme, targeted at encouraging local enterprises to set up their own corporate venture capital funds (CVCs).
CapitaLand (now known as CapitaLand Investment), agriculture player Wilmar, digital business builder Declout and logistics player YCH Group jumped right in.
TRENDING NOW
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
BlackRock said to be in exclusive due diligence for Capri by Fraser China Square
‘Very low chance’ that US-Iran deal reverts energy flows to South-east Asia through Hormuz: Bloomberg Economics
Tiger Beer lines up new products as Singapore operations’ role shifts from brewing to innovation