$55 million grant to boost growth of local agri-food tech sector

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SINGAPORE - More than $55 million has been set aside by Enterprise Singapore (ESG) to help local agriculture and aquaculture companies grow.. Read more at straitstimes.com.

SINGAPORE - More than $55 million has been set aside by Enterprise Singapore to help local agriculture and aquaculture companies grow.

"While there is a separate pot of funding for the 30 by 30 , the idea is to give added support to existing players in the market so that they can innovate and ramp up their capabilities quicker; in some ways, to provide better food resilience during the Covid-19 crisis and therefore make use of this crisis to hasten our 30 by 30 target," he said.

Home-grown start-up Singrow is working closely with the ESG for its expansion plans. The company has benefited from the Startup SG Accelerator programme since receiving mentorship guidance on top of investment support last year.

 

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