Singapore Launches IP Financing Scheme and One-Stop IP Shop

摘要

Singapore will risk-share loans backed by patents as collateral in a pilot financing scheme that will open up SG$100 million ($79.6 million) to support local businesses, the government has announced. The intellectual property financing scheme is one of two initiatives that the Intellectual Property Office of Singapore (IPOS) launched on April 8 as part of the nation's ongoing effort to turn itself into a global IP hub. The second initiative, called IP 101, is a one-stop service center where local businesses, innovators, and creators can get help with their IP needs.