* A new financing scheme… for local companies to use their intellectual property (IP) as collateral when applying for bank loans. * …Government will partially underwrite the value of patents so banks will not be made to bear all the risk if firms cannot repay the loan. * …aimed at encouraging banks to recognise IP …
Tag: scheme
Dec 31
Singapore TECHNOLOGY INCUBATION SCHEME
SINGAPORE Local technology start-ups have long prayed for more angelic assistance at the most critical stage of their incubation. Now, a national scheme to address this lack has drawn the keen participation of veteran incubators and angel investors from the likes of MySpace.com founder Brad Greenspan and Silicon Valleys Plug & Play. (Click on …