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ThoughtBuzz Raised SGD 500K From Plug and Play Singapore

June 1, 2011 by  

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Social media monitoring firm ThoughtBuzz has raised SGD500K (USD 380K) in funds under the Technology Incubation Scheme (TIS) from Plug and Play Singapore. Specializing in social media intelligence, ThoughtBuzz is able to sift through all the chatter on the world wide web, from Facebook, Twitter to news sites, to compile everything that is relevant to the client, analyse the sentiment of the comments and provide a detailed report on the insights gathered (read an interview with the team from two years ago). Read more

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7 Incubators Selected for Singapore NRF TIS Means More Money For Startups

January 5, 2010 by  

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Back in August 2009, the National Research Foundation (NRF) of Singapore announced a call for incubators to apply for a new Technology Incubation Scheme (TIS). The scheme, with its 85-15 (gov-incubator) funding split and attractive buyout options, favours the incubator who has the resources to fullfill its criteria and execute operations. When the call was announced, there were no specific number of incubators that NRF said they will appoint. It would all have to depend on the quality of incubators who applied. Now, 7 incubators have been selected. Here they are. Read more

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New Technology Incubation Scheme To Fill 6-digit Funding Gap

August 30, 2009 by  

National Research Foundation logo

In another move by the government to make up for the dearth of funds in Singapore, the National Research Foundation has issued a Call for Proposal for the new Technology Incubation Scheme (TIS). Modeled after Israel’s Technological Incubator Programme, NRF will co-invest up to 85% or S$0.5 million per startup, with an appointed incubator investing the rest (at least 15% of the total investment). Read more

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