Steve Leonard, the chief executive of government-backed investment organisation SGInnovate, talked about Singapore’s strong fundamentals of capital, connectivity and its existing entrepreneurial community which translated to a strong foundation for further growth of Singapore’s startup ecosystem, despite growing global competition.
Over S$25 million will be committed by the government to "bold measures" that will nurture a healthy innovation ecosystem in Singapore. This was announced by Minister Heng Swee Keat at the opening of the Singapore Week of Innovation & TeCHnology (SWITCH).
Finance Minister Heng Swee Keat announced the launch of the two new programmes at the opening of the Singapore Week of Innovation and Technology - a polytechnic incubator programme and an entrepreneurial training programme for researchers.
Singapore is a leading tech hub, but domestic entrepreneurs lack meaningful visions, according to Grace Sai, CEO and co-founder of Impact Hub Singapore. Sai was speaking during SWITCH, the Singapore Week of Innovation and Technology