The Business Times
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EDB to go into risk-sharing venture financing

Janice Heng

Janice Heng

Published Sun, Jan 6, 2019 · 09:50 PM

    Singapore

    BEYOND its traditional task of attracting firms to set up here, the Singapore Economic Development Board (EDB) wants to help firms get involved in the start-up ecosystem - by supporting corporate venture capital.

    "Risk-sharing financing" is one of the new areas that EDB managing director Chng Kai Fong is keen to explore in 2019, just over a year since he took on the role in October 2017.

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