Singapore’s commitment to fostering a vibrant entrepreneurial ecosystem includes multiple public and private initiatives that provide access to funding, markets and business partners for both entrepreneurs and investors.
The “IDM Jump-start And Mentor” (i.JAM) initiative supports individuals and start-ups with breakthrough ideas that can be developed into innovative products and services. The success of Web 2.0 services shows that the collective contribution of the masses or user-generated content and social networking can bring about a myriad of useful services. Under the i.JAM initiative, individuals will be encouraged to share, debate and experiment with innovative ideas through an online platform where promising ideas will be matched with appropriate mentor support and funding, to bring about their realisation. The i.JAM initiative marshals support from industry players, business mentors and technology suppliers to provide bottom-up support to the transforming of innovative ideas into useful applications and breakthroughs.
