Möbius Fund Launch

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On 21 August, ITI launched the Möbius Fund, a revolving loan fund for ITI students - the first revolving loan fund of its kind for actor students. The launch took place at Suntec Singapore, a media partner of ITI.

The Möbius Fund received its kickstart with four lead donors, ITI alumni and others who wish to remain anonymous. Together, they have contributed a total of S$250,000. When matched by the Ministry of Culture, Community and Youth’s (MCCY) Cultural Matching Fund (CMF), it will bring the Möbius Fund to an initial capitalisation of $500,000. 

The four lead donors are:

On graduation, beneficiaries begin paying back, ensuring that the fund capital is replenished. Repayments are in turn used to enable other students to gain access to training.

In this photo (from L to R): Goh Su Lin (ITI General Manager); lead donors Benson Puah, Pierre Lorinet and Leonardo Drago; T. Sasitharan (ITI Director); Chew Kheng Chuan (ITI Board Member); Arun Madhok (CEO, Suntec Singapore).

Donate to the Möbius Fund here.