30 Mar '18, 11pm

Parliament: Singapore to start first #CyberSecurity start-up hub

SINGAPORE - Singapore is setting up its first cyber-security start-up incubation hub, with funding to be provided for new inventions, as the nation strives to carve out a role for itself in the new digital economy. Dubbed Innovation Cybersecurity Ecosystem @Block 71 (ICE71), the hub will open its doors to cyber-security entrepreneurs next month. It will be located in a cluster of industrial buildings in Ayer Rajah Crescent known affectionately and collectively as "Block 71". The area is currently home to about 700 technology start-ups. The aim is to hand-hold aspiring entrepreneurs to ensure their business ideas are sound, and to ensure they have the necessary financial and business know-how to take their ideas to the next step. Help will also be given for expansion to overseas markets and access to venture funding. The Infocomm Media Development Authority (IMDA) and Singa...

Full article: http://www.straitstimes.com/politics/parliament-singapore...

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