Industry Developer
One of MDA’s key initiatives is to develop industry roadmaps that position Singapore as the nucleus where media content, services and applications are financed, made and traded for the world. Media 21 was the first roadmap established by MDA in 2003 in response to global media convergence. More recently, the Singapore Media Fusion Plan (SMFP), a national media development blueprint, was launched in 2009 to s create the best environment in Singapore for media businesses to exploit new opportunities in digital media and move up the value chain, while enhancing the global appeal of Singapore media through international partnerships.
In 2011, MDA also revised its funding schemes. It now has 4 main schemes namely Production Assistance, Development Assistance, Marketing Assistance and Talent Assistance to help support different stages of a project. These schemes are applicable to projects across various sectors such as Film, Animation, Interactive media, Games, Publishing, Broadcast and Music.
Read more about this topic: Media Development Authority
Famous quotes containing the word industry:
“No delusion is greater than the notion that method and industry can make up for lack of mother-wit, either in science or in practical life.”
—Thomas Henry Huxley (1825–1895)