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CV Launchpad is set to run for one year and aims to enable corporates to launch investible new ventures within six months by partnering them with four venture studios pre-approved by EDB New Ventures. Venture studios are corporates that specialize in supporting companies to incubate and build new ideas that can be scaled to new successful businesses.
The government hopes that the creation of new businesses will be a potential growth driver for the economy and create high-value job opportunities. The program is expected to support up to 20 companies through the validation sprint concept (from idea generation to venture launch and scaling in an accelerated time period).
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Singapore Reporter/s
In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digi
The Straits Times
EDB launches $10 million programme to help Singapore companies venture into new growth areas
The pilot programme has an expected capacity to support up to 20 companies through concept validation sprints.ST PHOTO: LIM YAOHUI
https://str.sg/Jtdv
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