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Posts Tagged ‘investment’

Local firms stamp mark on IDM sector

By admin • Jun 8th, 2009 • Category: IDM News

(SINGAPORE) Singapore’s entrepreneurship drive may have finally taken root in all things digital. While the local expansion of foreign multinationals such as Electronic Arts and Lucasfilm tend to hog the headlines, a new market study shows thecountry’s nascent interactive digital media (IDM) sector is in fact rife with local talent. According to Deloitte Consulting, local [...]



The StartUp Story (19 JUN 09)

By admin • May 26th, 2009 • Category: Events

Ever thought of starting your own business? Wondering how to get started and overcome challenges faced by start-ups? Join us at The Start-Up Story as Young Entrepreneurs and Investors come together to share with you how to get your 1st customer, make your 1st dollar or simple get started on your dreams! More details at [...]



MDA aims for 10,000 more jobs

By admin • May 12th, 2009 • Category: IDM News

By Tan Weizhen SINGAPORE’S next generation of digital media whizzes are being grown with money from a $500 million fund that has gone into building digital classrooms, as well as promising commercial ventures by start-up companies and MNCs. And now, funding will also go to research projects by companies in digital media, the Media Development [...]



$250 million boost for Singapore’s media sector

By admin • Mar 13th, 2009 • Category: Press Releases

Singapore, 12 March 2009 – Addressing key members of the industry at its annual Media Business Forum, the Media Development Authority (MDA) today announced that the Government aims to spend $250 million this year to sustain the growth momentum of Singapore’s media sector amidst the economic downturn. This spending, which includes funding from the National [...]



i.BITS Issue 11

By admin • Feb 27th, 2009 • Category: i.BITS Newsletter

Making money off the web Four IDMPO funded companies were recently featured in Digital Life for their unique and viable business models, and who have been gaining traction (in terms of profit and user outreach) through social networking platforms such as Facebook, Friendster, Second Life and so on. The four companies profiled were iHipo (international [...]



From Idea to Investment (Mar 09)

By admin • Feb 16th, 2009 • Category: Events

Are you an IDM company, or an entrepreneur with an IDM idea? Would you like to raise funds to start or grow your IDM company? From Idea to Investment For the IDM industry, a 5-Day Intensive Workshop presented by Expara Pte. Ltd. & The Media Development Authority of Singapore 3 Day From-Idea-to-Investment Investor Presentation Overview [...]



MDA spearheads $5 million investment for new media in Singapore

By admin • Jan 12th, 2009 • Category: IDM News

SINGAPORE – Singapore’s Media Development Authority (MDA) has awarded five new media projects, worth S$7.6 million (US$5.1 million), to help propel local companies with new media services and businesses into the global market. The five projects, selected from 26 proposals first called for in September 2008, range from development of games to media-rich learning, and [...]



$25m boost for S’pore video game biz

By admin • Nov 26th, 2008 • Category: IDM News

SINGAPORE’S fledgling online video game industry has attracted European animation giant Rainbow, which is investing $25 million to create a new game here. The amount is the largest put into the industry since Singapore embarked on a drive to attract such digital media companies in 2000. Rainbow, an Italian outfit with some &yen60 million (S [...]



From imagination to reality

By admin • Oct 31st, 2008 • Category: IDM News

IMAGINE you are in a library searching for a book – and simply cannot find it. Imagine being able to call up a 3D map of the library which can give you the precise location of the book, and show you how to get there. Or imagine you are in the market to buy a [...]



Record $6b spent on R&D

By admin • Oct 19th, 2008 • Category: IDM News

Govt is ‘fully committed’ to investment as it is a key driver of economy for the future, says PM FUNDING from the Government for scientific research and development, which helped push it to a record 2.6 per cent of gross domestic product last year, will not be cut in the current economic downturn, Prime Minister [...]