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Governments19 Feb 2024

Japan’s Venture Capital Firms Granted Access to Crypto Assets

Japan’s cabinet has given the green light to a bill that permits investment funds and venture capital firms in the country to hold cryptocurrency assets, according to an announcement from the Ministry of Economy, Trade and Industry on Friday. The decision comes as Japan aims to ease restrictions on venture capital crypto investments, enabling these […]

Investments16 Feb 2024

Malaysia’s KWAP Invests $21M in Local Startups and VC Funds Under Dana Perintis Strategy

Malaysia’s pension fund, Kumpulan Wang Persaraan (Diperbadankan) (KWAP), has unveiled its initial investments under the Dana Perintis strategy, with $21 million. The investments include two direct investments in local startups and commitments to two venture capital funds. KWAP has announced its support for two startups, Bateriku (M) Sdn Bhd and Lapasar Sdn Bhd, as part […]

Governments13 Feb 2024

Philippines Central Bank to Introduce CBDC, Opts Against Blockchain

The Philippines’ central bank, known as Bangko Sentral ng Pilipinas (BSP), is gearing up to launch a Central Bank Digital Currency (CBDC) within the next two years in response to the increasing adoption of cryptocurrency in the country.  BSP Governor Eli Remolona Jr. unveiled this plan on Feb. 12, emphasizing the focus on a wholesale […]

Governments10 Jan 2024

Thai Government Unveils DEPA Digital Startup Fund to Propel Global Expansion

The Digital Economy Promotion Agency (DEPA) in Thailand is spearheading an initiative to boost the global expansion of Thai digital startups. With the announcement, the government aims to provide financial backing for emerging startups, facilitating their international growth and fostering innovation in key sectors. On Saturday, government spokesman Chai Wacharonke revealed that the DEPA Digital […]

Governments27 Dec 2023

Mentalaba.uz Pioneering Excellence in EdTech- Uzbekistan’s President Tech Award Winner

In the recent ceremony held at the Ministry of Digital Technologies in Uzbekistan, the prestigious “President Tech Award” competition celebrated its winners, recognizing the most advanced startup projects in the country. Mentalaba.uz, a disruptive project focusing on revolutionizing education in Uzbekistan, secured the top spot in the category of “Information technologies in the social sphere.” […]

Governments11 Dec 2023

The Philippines Government Collaborates with Marikina City to Foster Innovation and Startups

The Department of Trade and Industry (DTI), in collaboration with key officials from Marikina City’s 2nd District, has introduced the pilot programs and services of the Marikina Creative and Innovation Hub at the Center for Innovation and Technology for Enterprises (CITE) in Marikina City, the Philippines.  During the launch event on December 4, 2023, the […]

Governments7 Dec 2023

Startups Shine at KB Financial’s ‘2023 HUB Day’ for Innovative Collaboration

KB Financial Group has collaborated with startups to support emerging ventures proactively. The financial institution recently organized the ‘2023 HUB Day,’ a startup demo day held at the KB Innovation Hub Center in Seocho-gu, Seoul. During the ‘2023 HUB Day,’ startups presented their innovative ideas and business models to a diverse audience, including government development […]

Governments7 Dec 2023

PM Pham Minh Chinh’s Roadmap to Drive Vietnam’s Startup Ecosystem

Vietnam is intensifying efforts to become an innovation hub in the global startup industry. Prime Minister Pham Minh Chinh focused on the role of startups and innovation in driving economic growth while speaking at the “TECHFEST – WHISE 2023” imprint program in Ho Chi Minh City on November 25.  The event was a part of […]

Governments6 Dec 2023

T-Hub Launches Space Tech Incubation Program to Support India’s Spacetech Sector

India’s startup incubator, T-Hub, has introduced the Space Tech Incubation Program as part of the AIC T-Hub Foundation initiative. In collaboration with the Atal Innovation Mission (AIM), this program aims to support innovation and drive growth in India’s evolving space tech sector.  This collaborative initiative plans to bring about transformative changes in India’s SpaceTech sector […]
Crypto — 19 Feb 2024

Japan’s cabinet has given the green light to a bill that permits investment funds and venture capital firms in the country to hold cryptocurrency assets, according to an announcement from the Ministry of Economy, Trade and Industry on Friday. The decision comes as Japan aims to ease restrictions on venture capital crypto investments, enabling these […]

Governments — 16 Feb 2024

Malaysia’s pension fund, Kumpulan Wang Persaraan (Diperbadankan) (KWAP), has unveiled its initial investments under the Dana Perintis strategy, with $21 million. The investments include two direct investments in local startups and commitments to two venture capital funds. KWAP has announced its support for two startups, Bateriku (M) Sdn Bhd and Lapasar Sdn Bhd, as part […]

Governments — 13 Feb 2024

The Philippines’ central bank, known as Bangko Sentral ng Pilipinas (BSP), is gearing up to launch a Central Bank Digital Currency (CBDC) within the next two years in response to the increasing adoption of cryptocurrency in the country.  BSP Governor Eli Remolona Jr. unveiled this plan on Feb. 12, emphasizing the focus on a wholesale […]

Startup Policy — 10 Jan 2024

The Digital Economy Promotion Agency (DEPA) in Thailand is spearheading an initiative to boost the global expansion of Thai digital startups. With the announcement, the government aims to provide financial backing for emerging startups, facilitating their international growth and fostering innovation in key sectors. On Saturday, government spokesman Chai Wacharonke revealed that the DEPA Digital […]

Events — 27 Dec 2023

In the recent ceremony held at the Ministry of Digital Technologies in Uzbekistan, the prestigious “President Tech Award” competition celebrated its winners, recognizing the most advanced startup projects in the country. Mentalaba.uz, a disruptive project focusing on revolutionizing education in Uzbekistan, secured the top spot in the category of “Information technologies in the social sphere.” […]

Startup Program — 11 Dec 2023

The Department of Trade and Industry (DTI), in collaboration with key officials from Marikina City’s 2nd District, has introduced the pilot programs and services of the Marikina Creative and Innovation Hub at the Center for Innovation and Technology for Enterprises (CITE) in Marikina City, the Philippines.  During the launch event on December 4, 2023, the […]

Startup Program — 7 Dec 2023

KB Financial Group has collaborated with startups to support emerging ventures proactively. The financial institution recently organized the ‘2023 HUB Day,’ a startup demo day held at the KB Innovation Hub Center in Seocho-gu, Seoul. During the ‘2023 HUB Day,’ startups presented their innovative ideas and business models to a diverse audience, including government development […]

Startup Policy — 7 Dec 2023

Vietnam is intensifying efforts to become an innovation hub in the global startup industry. Prime Minister Pham Minh Chinh focused on the role of startups and innovation in driving economic growth while speaking at the “TECHFEST – WHISE 2023” imprint program in Ho Chi Minh City on November 25.  The event was a part of […]

Startup Policy — 6 Dec 2023

India’s startup incubator, T-Hub, has introduced the Space Tech Incubation Program as part of the AIC T-Hub Foundation initiative. In collaboration with the Atal Innovation Mission (AIM), this program aims to support innovation and drive growth in India’s evolving space tech sector.  This collaborative initiative plans to bring about transformative changes in India’s SpaceTech sector […]

Startup Policy — 5 Dec 2023

Applications are now open for the 2023/24 MVP Ventures Program, a state initiative in New South Wales (NSW) designed to provide grants to early-stage startups and small to medium enterprises (SMEs) driving the commercialization of innovative products or processes.  The program, led by Minister for Innovation, Science, and Technology Anoulack Chanthivong, allocates $3 million annually […]

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