A $15 million innovation grant to promote blockchain startups in Asia

Building Cities Beyond (BCB) Blockchain, a Singapore-based technology solutions company for smart cities, has launched a $15 million innovation grant to encourage development in its ecosystem, according to Fintech News Singapore.

The innovation grant comes as the company announces partnerships with leading accelerators in Asia to incubate selected projects.

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Aimed at Asian projects
The BCB Innovation Grant is said to target up to 1,000 projects within Asia. The US$15 million grant will target technology startups in the region, and grant participants will also gain access to BCB workshops and facilities to assist and strengthen their development capacities.

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BCB will also set aside USD 2.8 million of its innovation grant to fund game development projects on the BCB platform, in order to attract developers to its platform.