Low uptake of old IP scheme spells valuable lessons for Singapore

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.