Schneider Electric Launches Venture Building Program in Singapore

Schneider Electric Singapore

Schneider Electric, the global specialist in energy management and automation, has committed S$16 million (US$11.7 million) to build at least four Singapore-based companies with global potential.

The company signed a memorandum of understanding with the Singapore Economic Development Board (EDB) to launch a new venture building program that will incubate and develop companies based in Singapore that have strong global scalability potential.

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