BUDDING interactive digital media startups can get funding as well as lessons in entrepreneurship under a new scheme launched by the Media Development Authority (MDA) on Wednesday.
The iMatch scheme will match talented young companies with 40 potential investors, which include media group Singapore Press Holdings, ST Electronics and others in the region, like IDG Ventures Vietnam.
Besides cash funding, companies will also get help on how to commercialise their products and grow their companies, such as how to create formal business plans and how to pitch their projects to potential investors.
The initiative was announced by RAdm (NS) Lui Tuck Yew, Senior Minister of State for Education and Information, Communications and the Arts at an industry networking session on Wednesday.
