Government unveils plans to spur innovation and enterprise

September 21, 2016

September 21, 2016

The Government is directing billions of dollars into a strategy aimed at spurring innovation and helping companies bring new technological developments to market.

Deputy Prime Minister Teo Chee Hean said yesterday that $4 billion out of the $19 billion allocated for the Research, Innovation and Enterprise 2020 Plan will be directed to collaboration so that enterprises can capture the value of research and development (R&D). The plan, announced in January, directs funds into science and technology research over the next five years.   Read More

Source: The Straits Times