IMDA Launches $20m Fund to Boost Funding of Regional Media Projects, like Movies, in Singapore
To help boost how media projects in the region – be they television shows, animated features or movies – can be financed in Singapore, the Government is setting aside $20 million in a call for partners to jointly fund such projects.
There are no restrictions on the types of projects involved, but interested parties must set up in and invest out of Singapore, and have an established track record in media fund management.
The announcement was made by Minister for Communications and Information S. Iswaran at the Asia TV Forum & Market (ATF) and ScreenSingapore at Marina Bay Sands Expo and Convention Centre on Wednesday morning, 4 December.
Photo Credit: Chong Jun Liang; The Straits Times