Selangor announces RM100m innovation fund in Budget 2021 to support start-ups | Malay Mail

Friday, 30 Oct 2020 04:19 PM MYTSelangor Mentri Besar Datuk Seri Amirudin Shari speaks during a press conference at the Selangor state secretariat building in Shah Alam October 21, 2020. — Picture by Yusof Mat Isa

Dubbed the Selangor Innovation Fund, Amirudin explained that the fund will come under its Budget 2021 and provide capital to tech start-ups in the state. “The Selangor Innovation Fund will identify potential technology start-up companies in Selangor to be given venture capital investment. This initiative has the potential to support the third economic stimulus package where the target group is technology start-up companies that can bring in the latest technology to drive the transformation of the Smart State 2025 and generate the engine of economic growth in Selangor.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Gulf Opec, Iraq question whether to keep deep oil cuts into 2021, say sources | Malay MailDUBAI, Oct 29 — Gulf Opec producers the United Arab Emirates and Kuwait, as well as Iraq, are debating whether they should roll over existing oil supply cuts into 2021, as they struggle to stick to their agreed reductions, Opec and industry sources said. Their hesitance raises the possibility of...
Source: malaymail - 🏆 1. / 86 Read more »