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	<title>Comments on: Let&#8217;s Cram Gets Funding</title>
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		<title>By: Ben Leong</title>
		<link>http://blog.wonghongting.com/2009/01/19/lets-cram-gets-funding/comment-page-1/#comment-636</link>
		<dc:creator>Ben Leong</dc:creator>
		<pubDate>Mon, 19 Jan 2009 09:50:40 +0000</pubDate>
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		<description>This is the real deal in Singapore: there&#039;s A LOT of venture funding, esp. from MDA. They are not a lot. They are at $50K a pop. The problem thus far is a lack of viable projects to fund. 

If you come up with an idea that has commercial potential. Funding is not a problem, notwithstanding the recession. My understanding is that there&#039;s still a significant amount of seed funding set aside by MDA that is still unspent. :-P</description>
		<content:encoded><![CDATA[<p>This is the real deal in Singapore: there&#8217;s A LOT of venture funding, esp. from MDA. They are not a lot. They are at $50K a pop. The problem thus far is a lack of viable projects to fund. </p>
<p>If you come up with an idea that has commercial potential. Funding is not a problem, notwithstanding the recession. My understanding is that there&#8217;s still a significant amount of seed funding set aside by MDA that is still unspent. <img src='http://blog.wonghongting.com/wp-includes/images/smilies/icon_razz.gif' alt=':-P' class='wp-smiley' /> </p>
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