Then, there is the option of equity fundraising.
Related Article: Singapore Startup Grants and Schemes » Initiatives led by governmental bodies such as SPRING Singapore and the National Research Foundation (NRF) seek to support local startups by leveraging the expertise of third-party investors and encouraging investments through co-investment schemes.įurthermore, the government allocates resources for venture investing through the Economic Development Board’s investment arm and Singapore’s two sovereign wealth funds, the Government Investment Corporation of Singapore and Temasek Holdings. This has led to a significant increase in the number of startups in the country over the last decade or so, with the number reaching about 55,000 in 2022, as compared to 22,000 in 2003.Ī major contributing factor in the startup success of Singapore is the growing pool of high-net-worth (HNW) individuals, corporations, and institutional investors.Īlso, apart from private sources of funding, the Singapore government actively encourages the set-up of incubators and investments in startups through a variety of programmes. The nation’s thriving start-up ecosystem includes robust incubating infrastructure, tax incentives, cash grants, and financing schemes. Whichever way you look, the small city-state of Singapore stands tall. In an ever-volatile world, you would look at any index. Vast Funding Options for Your Business in Singapore.
0 kommentar(er)
