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GIC

GIC

GIC is a global long-term investor established in 1981 to manage Singapore’s foreign reserves. They have invested in more than 40 countries worldwide.

  • Use: R&D; Go2Market;
  • Date closing: -
  • Amount: -
  • Industry focus: ICT; Others;
  • Total budget: -
  • Entity type: Private Equity Firm
  • Vertical focus: technology, sustainability
  • Website: https://www.gic.com.sg/
  • Status:
    Open
  • Funding type: Equity investment;
  • Geographic focus: Singapore;
  • Public/Private: Private
  • Stage focus:
  • Applicant target: Startup;

Overview

GIC is a private company wholly owned by the Government of Singapore. 

GIC is one of the three investment entities in Singapore that manage the Government’s reserves, alongside the Monetary Authority of Singapore (MAS) and Temasek. They manage most of the Government’s financial assets, investing for the long term with an aim to preserve and enhance the international purchasing power of the funds placed in their care.

Singaporeans benefit from the returns of GIC, as well as those of MAS and Temasek. The Net Investment Returns Contribution (NIRC), estimated to be S$21.56 billion in Financial Year (FY) 2022, has allowed the Government to make further investments for the long term, such as in education, R&D, healthcare, and improving our physical environment.

 

 

Applicants willing to get in touch with GIC can do it by following this link.

Last updated on 2022-10-25 13:56

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