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The Edusave Endowment Fund is built from various contributions from the government of Singapore. The fund is invested into by the government and the interest earned is used to finance the contributions, grants and awards given to schools and students.
Temasek Foundation Ecosperity is a Singapore-based non-profit philanthropic organisation that funds and supports strategic and impact-driven programmes focused on championing the sustainability of the global ecosystem and the development of innovative solutions to improve liveability. [31]
Education spending usually makes up about 20 per cent of the annual national budget, [7] which subsidises state education and government-assisted private education for Singaporean citizens and funds the Edusave programme. Non-citizens bear significantly higher costs of educating their children in Singapore government and government-aided schools.
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Veteran theatre company TheatreWorks also had its funding cut, from $310,000 to $280,000. Its artistic director Ong Keng Sen was told that the company had to have more "local presence". [33] In early 2011, the NAC revoked its publishing grant for playwright Chong Tze Chien's book Four Plays as it included the controversial play Charged. [34]
The Global Innovation Fund (GIF) is a non-profit investment fund. It invests in the development, testing, and scaling of social innovations with the potential to have a measurable impact on the lives of those living on less than $5 per day, such as new products, services, business processes, and policy reforms. [ 1 ]
In April 2016, Impact Guru partnered with Singaporean investment platform Fundnel to gather investment capital from the Indian diaspora in Southeast Asia. [16]In September 2016, Impact Guru partnered with United Nations entity named UN Women to run Project Inspire, an initiative by Singapore Committee for UN Women, in partnership with Bain & Company and MasterCard, [17] to support social ...
EDB received an additional grant of S$40 million to develop Jurong Industrial Estate from the Singapore government. [13] [14] 1962 was also the year which Singapore begun to actively woo overseas industrialists as such the Japanese, [15] with some indicating interests in joint development projects and sending study missions to Singapore. [16]