Singapore Sentosa launches fund to further marine cause

Singapore Sentosa launches fund to further marine cause
RESORTS World at Sentosa (RWS) yesterday launched a fund to sponsor education, research and conservation efforts related to marine life in a bid to further the marine conservation cause.
The RWS Marine Life Fund will disburse up to S$100,000 each year in 2008 and 2009, and up to S$1 million each year from 2010 when the Resort opens.

‘We hope to see some good applications for the Marine Life Fund. What’s exciting for us is that this fund is not reserved only for established conservation groups, but it has a pocket solely devoted to kids,’ said RWS’s Communications head Krist Boo.

‘We hope it will encourage children to learn about the ocean, and to love it. The online application process is easy for all.’

The new initiatives launched are an extension of the Resort’s conservation efforts. In 2006, RWS undertook the initiative to relocate corals and other marine life around the northern coastline affected by reclamation works that were carried out as part of the Resort’s construction.

 
 
To encourage and cultivate an interest for the oceans, besides researchers and NGOs, the Fund is also open to schoolchildren. 25 per cent of this Fund will be set aside for kids working on school projects related to marine conservation. There is no cap on the applied funding, and projects could span anything from fieldwork to classroom models. All applications will be assessed by a RWS committee which oversees the Fund, and for applications for funding above $20,000, an independent reviewer will be included in the assessment.

 
Source : Business Times - 30 May 2008

Singapore Property - Buy, Sell, Rent, Invest

Mindy Yong

(+65)91002985

mindy@mindyyong.com

OCBC, DBS expand Islamic banking operations »« Thailand govt faces key court ruling