Singapore’s Efforts in Growing a Strong IDM IndustryAugust 15, 2011
Singapore's Media Development Authority's (MDA) Interactive Digital Media Program Office (IDMPO) has recently produced a series of videos showcasing their four funding initiatives in the interactive digital and media space. The funding programs are iJAM, iROCK, IDM in Education and Futurescape.
Singapore's Efforts in Growing a Strong IDM Industry
The Singapore government has funded over 300 projects in the Interactive Digital Media space since 2007 in order to stimulate its growth. The compound growth rate for value added in the IDM sector has grown by 20 percent in the first three years of the program. This video highlights the contribution of the 4 funding initiatives of MDA's Interactive Digital Media Program Office (IDMPO) and the impact achieved by these initiatives. The 4 initiatives are iJAM for start ups, iROCK that funds research centers, IDM in Education for education related developments and Futurescape which co funds R&D efforts of commercial companies.
IDM in Singapore's Education System
Singapore's education system is being revolutionized by the introduction of IDM creating a more interactive and engaging way of learning. Advancements in this area is transforming education in Singapore, including teaching and learning experiences. This provides an innovative approach for future generations. amBook is a serviced used to provide educational content that stimulates creative thinking.
Futurescape - A Singapore Government's IDM Initiative
Futurescape is part of the 4 funding initiatives of MDA's Interactive Digital Media Program Office (IDMPO). The purpose of this program is to fund innovation in the areas of rich media and publishing, mobile media and virtual worlds and games.
Featured here are successful companies that were funded by this program. Some have broken into the global arena including Razer, Mozat, Garena and MXR Corporation.
i.JAM Supports Innovative IDM Ideas in Singapore
The i.JAM (Initial Jumpstart And Mentoring) is one of the four funding initiatives of MDA's Interactive Digital Media Program Office (IDMPO) that funds start ups with innovative ideas that could be developed commercial IDM products. The program also offers many matchmaking platforms for startups to pitch their ideas and attract private funding from a network of 40 potential investors and venture capitalists.Some of the key companies supported by the i.JAM program is Sonoport, buUuk and Time Voyager.
Supporting IDM Research Through i.ROCK
i.ROCK (Interntional Research Oriented Centers of Knowledge) is one of the four funding initiatives of MDA's Interactive Digital Media Program Office (IDMPO) that supports research efforts in the IDM industry in Singapore's institutes of higher learning. The program has orchestrated a network of international research partnerships with institutions in Asia, Europe and the United States. One of such partnerships is the Living Analytics Research Center (LARC) which is a collaboration between the Singapore Management University (SMU) and Carnegie Mellon University.