Why Singapore
Startup Ecosystem Key Metrics
‘Singapore’ ranks as the top country in Asia for start-up ecosystems, serving as a key hub for entering the Southeast Asian market
| Population | 5,917,600 | Unemployment rate | 2.10% |
| GDP per capita | $138,171.88 | GDP Growth Rate | 3.60% |
Start-up Ecosystem Metircs for Singapore
*GLOBAL AVG. $29.4bn
(H2 2021~2023)
*GLOBAL AVG. $8.9bn
(2019~2023)
*GLOBAL AVG. $655 m
(H2 2021~2023)
*GLOBAL AVG. : 3
(H2 2021~2023)
Main Economic Metrics for Sigarpore
The Startup Ecosystem & Environment
Singapore's startup ecosystem and innovation environment
Asia Pacific's best startup ecosystem
StartupBlink 2022
Global Economic Competitiveness Ranking
World Economic Forum, 2020
Global startup ecosystem ranking
StartupBlink 2022
Percentage of Singapore-managed Southeast Asia infrastructure projects funded
Statista
Global HUB for connecting with a variety of partners
- Vibrant tech innovation startup investment environment
- Global partnership network with worldwide connections
- Supportive ecosystem of VCs, startups, incubators, and accelerators
Thriving growth environment
- Over $8.11 billion in funding (2022)
- Over 500 deals (2022)
- 5 years of sustained VC investment strength
Gateway to the Asian market
- A globally connected network of startups
- World-class talent, research institutions, and support infrastructure
- Central to tech innovation hubs in Southeast Asia and China
- A variety of global expansion programs
State of Singapore's venture capital market
leading ASEAN6 in number and value of investments, accounting for 73.3% of total investments
Singapore Venture Capital Market
Steady new capital funding, increasing Early-Stage investments
The consistent raising of new capital in Singapore stimulates venture capital investment.
The proportion of early-stage investments in Singapore is increasing.
Singapore's Five-Year National Technology Plan, allocating 1% of GDP to national R&D and innovation investment
RIE 2025 Plan
The RIE plan is a core component of Singapore’s technological innovation activities, providing substantial R&D investment and support to relevant companies.
Following the implementation of the RIE 2025 plan, investments in Human Health and Potential (HHP) have seen a significant surge of 64.9%, urban solutions and sustainability (USS) investments have increased by 36.4% due to heightened awareness of environmental and climate issues, and investments in Singapore’s manufacturing sector have led to a 9.7% rise in production, trade, and connectivity.
Smart nation and Digital Economy
- Developing technological leadership to realize Singapore’s vision as a smart nation and establishing its position as a trusted digital innovation hub.
- Industries : AI, Clean Tech and Deep Tech, etc
Manufacturing, Trade, And Connectivity
- Strengthen Singapore’s global business & innovation hub for enhanced manufacturing and connectivity through R&D leverage.
- Industries : Consumer Industrial Products, etc
Human Health and Potential
- Creating economic value for Singapore through the transformation to better health and enhanced human potential.
- Industries : Biotechnology, telemedicine, etc
Urban Solutions And Sustainability
- Rebuilding and creating livable, resilient, sustainable, and economically vibrant cities for the future.
- Industries : Agri-tech and Green-tech, etc
Singapore Startup Support Program
Startup SG
Support for talent sourcing and offshore founder
Mentoring and funding for new entrepreneurs
Support commercialization of deep tech
Support Incubator & Accelerator
Support for startup co-investment
Support startups’ and investors’ infrastructure
Enterprise Finance Scheme (EFS) government-backed loans
Offer a collaborative and networking community
Global Support Program for Singapore Startups
Singapore can leverage programs like the Global Innovation Alliance (GIA) and Enterprise Singapore (EnterpriseSG) to accelerate entry into global markets.
Singapore can leverage programs like the Global Innovation Alliance (GIA) and Enterprise Singapore (EnterpriseSG) to accelerate entry into global markets.
Global Healthcare AI Value
The global healthcare AI market is expected to reach a value of $148.4 billion, with a CAGR of 48.1%, significantly outpacing other industries
Singapore,
the most preferred investment destination and gateway to the Southeast Asian market
Singapore,
the most preferred investment destination and gateway to the Southeast Asian market
Strategic Location
Serving as a gateway to Southeast Asia and the APAC region, Singapore provides easy access to major markets and facilitates international trade
Strong Economy
Offers a beneficial investment environment Consistent GDP growth, A competitive business environment, A well-developed financial industry.
Business Advantage
Top-ranking in ease of doing business - Its efficient regulatory framework, transparent legal system, and supportive government policies make it an attractive destination for investors.
Political Stability
A trusted and transparent Singapore government promotes business-friendly policies, upholds the rule of law, and provides a safe investment environment.
High-quality Infrastructure
World-class infrastructure including modern transportation networks, advanced communication systems, and well-connected airports, ensuring seamless connectivity and efficient operations.
Innovative technology Hub
Asia's premier hub for innovation and technology, fostering R&D, supporting start-ups, and providing access to cutting-edge technology and innovation ecosystems.
Financial Hub
A global financial hub offers a strong financial ecosystem such as efficient tax system. This provides investors and companies with access to capital and investment opportunities.
Business-friendly Environment
low tax rates, efficient bureaucracy, strong commitment to intellectual property rights protection, and FTA with various countries.
Short-term Profitability
In Korea, startups achieve an IPO exit in about 40% of cases, whereas in Singapore, the pre-IPO exit rate is over 90%, indicating a more active secondary market for early exits compared to Korea.
Key ASEAN Metrics
ASEAN GDP is more than three times that of South Korea’s ASEAN countries are rapidly developing, with economic growth rate exceeding 4%
Multinational corporations are diversifying their manufacturing supply chains in Southeast Asia, with strong foreign direct investment.
Since 2009, the region has seen rapid GDP growth, doubling in size, signaling positive economic prospects.
| Total Population | 676,800,000 명 | Total Trade Volume | $3.846 trillion |
| Total GDP | $3.621 trillion | Total Area | 4,810,000km2 |
Population: 67.8million, CAGR 5.26%
Rapid GDP growth rate exceeding 4~5%
Key Emerging Market Metrics
Dominate markets across 25 countries in APAC & Middle East through AI & healthcare technologies.
| Total Population | Total GDP | Total Import | Total Export |
| 1.45 million | $18.2 million | $3 trillion | $3.3 trillion |
AI-Driven Digital Transformation
Emerging markets (EM) are advancing their digital transformation with AI and technology-based future roadmaps
Saudi Arabian Gov's budget of $40 billion for Al technology The UAE has appointed a Minister of Al to drive initiatives in the field
Focusing on securing future national competitiveness through Al-based initiatives and advancing digital transformation of infrastructure
Overseas business expansion strengths
Already prepared for the four key challenges in global market expansion
