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S$30m fund launched to speed up 5G adoption and commercialisation

Vivienne Tay

Published Thu, Jan 21, 2021 · 05:50 AM

Singapore

THE Infocomm Media Development Authority (IMDA) on Wednesday launched a S$30 million fund to accelerate the adoption and commercialisation of 5G solutions.

The fund, part of IMDA's 5G Innovation Programme, will support efforts by enterprises to adopt 5G solutions that address sector challenges or enterprise-level needs. It will also help solutions-providers and technology-developers commercialise 5G solutions to make 5G benefits more accessible to companies, including small and medium-sized enterprises, IMDA said in a statement.

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