South Korea doubles startup funding in 2014
Over US$18 billion in grants and loans will be available for new ventures, and the program will be expanded to all four of the country's special R&D zones.
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Vietnam spending $400K to build own Silicon Valley for startups
Under the government-run project Silicon Valley Vietnam, two accelerators will be set up: one in Hanoi and another in Ho Chi Minh city. This is part of plans to groom startups and eventually link them up with venture capital.
500 Startups launches $10M '500 Durians' fund for Southeast Asia
The incubator has devoted a microfund devoted to Southeast Asia and has hired Malaysian entrepreneur Khailee Ng as its newest venture partner.
South Korea plans tax incentives for R&D, tech startups
The range of economic measures include include tax breaks for angel investors and venture capitalists, policy tweaks to make it easier to disinvest and reinvest capital, and a new exchange providing more access to funding.
Asian startups can leverage 'cultural blindspots'
Southeast Asia can be more compelling for entrepreneurs than China or Silicon Valley with opportunities being created from cultural differences, on top of increasingly attractive cost dynamics and staff loyalty.
SingTel opens tech development center in Israel
Telco partners Amdoc to launch the facility which will invest in local startups, as well as focus on new technologies such as voice and facial recognition, and more efficient networks.
China-backed $10M tech incubator launches in Canada
Chinese state-owned Zhongguancun Development Group (ZDG) partners city of Ottawa to provide its startups with funding and support to expand in China.