As the world economy transform, Singapore has also transformed itself to take on a more innovative position. In the recent years, the government has been focusing on growing the youth entrepreneurship scene. AS the saying goes, the young are the future of the nation.
Singapore is trying to build its very own apple and Facebook through energizing the economy with new ideas and encouraging innovation.
There has been much funds pumped into the start-up business world and for a young person who is starting you can go for government related funding if you pitch with a business plan, you can be granted up to $50,000 to start up your business.
There are also of Small groups who are setting up to bring together the young entrepreneurs in Singapore to form networks and also networking for young entrepreneurs in Singapore. This has allowed like-minded people in Singapore to group together and learn from each other and also to come up on top of competition because of all the shared learnings and experiences of the start-up founders.
Singapore is also one of the best places to do business as ranked by the IMF recently and Singapore will continue to be business friendly as they are into attracting businesses that are keen on growing their HQ here and to give them the best tax advantages in the region.
Many MNC firms have chosen to do businesses here and with all the start-up funding and grants and also tax breaks, we believe there will be more coming over to Singapore to set up shop and grow their businesses.
Young entrepreneurship is tough, especially if you do not have much support from those around you, at our young entrepreneurs network in Singapore, we aim to help that and to be one of your supporting anchors.