DeClout Investments Pte. Ltd., a wholly-owned subsidiary of SGX-Catalist-listed DeClout Limited (“DeClout”; SGX:DLL) has launched an incubator to support high growth local startups operating in the Information and Communication Technology sectors.
The incubation program will mentor early-stage startups and help them in product development, proof-of-concept, commercialization and subsequent fundraising. DeClout will be engaging startups in fintech, cybersecurity, data analytics and smart logistics.
DeClout Investments was incorporated as a two-tier platform comprising incubation and fund-raising facilitation for startups and growth enterprise.
The incubation tier will focus on leveraging the Group’s business network, domain expertise as well as industry knowledge and know-how to create the business accelerator for startups.
Conjointly, the fund-raising facilitation tier will work on initiatives with government bodies and partners to allow greater access to financing and investments for the enterprises.
DeClout will be supported under SPRING Singapore‘s Startup SG Accelerator scheme.
FinSMEs
26/04/2017