SINGAPORE - Innovators and enterprises in Singapore will soon benefit from a range of new initiatives that helps them translate their ideas into assets. This includes the launch of a one-billion dollar Makara Innovation Fund (MIF) by the Intellectual Property Office of Singapore (IPOS) and homegrown private equity firm, Makara Capital.

Commercially driven, MIF will target high-growth companies with strong IP and proven business models, leveraging Singapore as a base for their growth and expansion into world markets. This was announced by IPOS and Ministry of Law, along with updates to the IP Hub Master Plan.