Together with its wholly-owned subsidiary, Infocomm Investments Pte Ltd, IDA works towards promoting Singapore as a key entrepreneurial and innovation hub for global VC-backed infocomm start-ups, as well as a launch pad for them to gain market traction in Asia. Under its iBEST programme, IDA provides developmental support for global VC-backed ICT enterprises to establish new engineering centres in Singapore, including co-funding of approved projects, helping them to extend their financial runway, thus allowing them to do more with their development budgets.

via Infocomm Business & Engineering Start-up Programme (iBEST) – Infocomm Development Authority of Singapore.