Ranked #12 in Startup Genome’s Global Startup Ecosystem Report 2016, Singapore has one of the best environments for budding entrepreneurs and tech innovators. The report cited government initiatives as one of the main reasons for the country’s vibrant startup ecosystem.
It is without doubt that the local government has had a hand in creating such a conducive ecosystem. The Singaporean government has ploughed millions of dollars into nurturing tech startups through multiple initiatives, incentives, reliefs and grants.
From the information and figures above, it’s evident that we are moving rapidly towards being one of the region’s premier startup hubs – with these initiatives only set to increase and bolster the industry over the next several years. Not sure which grant applies to you? Check out the Business Grants Portal.