The Lam Soon New Horizon Fund
Singapore
Apr 2022
Lam Soon’s registered charity TL Whang Foundation made a donation of $1million to set up The Lam Soon New Horizon Fund. This fund is managed by philanthropic organisation The Majurity Trust, which will provide seed funding of up to $150,000 over three years for each of the selected grantees.
Its aim is to provide critical incubation support to start-ups in their formation period and growth journey. Six non-profit start-ups are in the first batch of recipients, including elder support initiative Kampung Kakis that matches volunteers to elderly people.