31 Mar '14, 4am

HDB will fund ideas to improve liveability #PR

And now HDB has launched a new Cool Ideas Fund to help winning participants transform their prototype creations into workable ones which can be tested in HDB blocks. There is a possibility the prototypes could be commercialised. Each feasible proposal will be given a grant capped at $10,000 to help with the cost of developing and test-bedding the prototypes. Awardees will have to match dollar for dollar, the grant received from HDB. The government will set aside $500,000 for this fund to support 50 good ideas over three years. Senior Minister of State for Trade and Industry & National Development, Lee Yi-Shyan, who has been working closely with the HDB Building Research Institute to crowdsource ideas from residents, said that public participation for the platform has increased by more than 50 percent since its launch. One of the winning ideas set to be released for sale is...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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