The Business Times
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IP PUSH

Low uptake of old IP scheme spells valuable lessons for Singapore

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Sharanya Pillai

Sharanya Pillai

Published Mon, Apr 26, 2021 · 09:50 PM

    Singapore

    BACK in 2014, Singapore made an impressive S$100 million available for the ground-breaking Intellectual Property Financing Scheme (IPFS).

    But the IPFS was likely ahead of its time: only S$12 million was disbursed to three companies, the Intellectual Property Office of Singapore (IPOS) said in response to queries from The Business Times (BT). The scheme ceased in 2018.

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