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The corporate venture capital conundrum in Singapore
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Published Mon, Feb 21, 2022 · 09:50 PM
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.
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