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SINGAPORE - United Overseas Bank (UOB) and Infocomm Investments Pte Ltd (IIPL), a unit of the Infocomm Development Authority of Singapore (IDA), will provide up to S$440,000 in cash and benefits to 30 financial services technology (fintech) startups under its accelerator programme, The FinLab.

The 100-day accelerator programme will take in its first batch of 10 startups come May.

Each start-up will also receive S$400,000 in software credits and about S$7,000 in complimentary office space, for a total of up to S$440,000 in cash and benefits.

The programme will be rolled out in three cycles over the next two years, with each cycle seeing 10 start-ups chosen by a selection committee of senior bankers and investment professionals.

Applications close on Mar 18 and the programme will commence in the second quarter of 2016.

 

Application Deadline

 

18 March 2016                      

 

Pitch Day (for shortlisted startups)

 

09 April 2016

 

Programme Starts

 

03 May 2016

 

Demo Day 

 

04 Aug 2016

 

 For more information, visit The FinLab website.

 (AH)

 

 

 

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