The Singaporean government is actively involved in bringing more and more investors to the island so as to give a boost to the startup ecosystem. The formation on the TIF has significantly enhanced this process and today, there are numerous venture capitalists in the city-state searching for suitable tech startups with innovative ideas.
The Block projects launched by the government aim at fulfilling all the basic necessities of the startups like providing land, tools and equipment, man power, capital and many other facilities. Apart from this, the low personal and corporate tax rates, business-friendly government policies, highly educated people, and most importantly, Singapore being a corporate hub of Southeast Asia together make it a lucrative destination for the investors.
Today, there are ample options for startups looking for venture capital financing in Singapore. Though the process of finding a VC is not that easy but entrepreneurs can still manage to attract the investor through a highly potential business plan with a sizeable market and a strong value proposition.
Some of the renowned venture capital firms in Singapore include JFDI.Asia, Ardent Capital, Jungle Ventures, TNF Ventures, Golden Gate Ventures, Carlyle Group, Intel Capital, JAFCO Asia, Singtel Innov8, Gobi partners, Flag capital, Extream Ventures, Stream Global and others.
The venture capitalists differ in the choice of industry and stage of investments in companies. Typically, venture capital financing in Singapore is seen at the growth stage though many investors pour money even at the seed stage if it is a highly potential and unique idea.
For the initial rounds, entrepreneurs often approach the angel investors or the business angels who invest with an aim to boost innovation and developments. The growth stage startups mostly look for venture capital financing in Singapore as the risk associated is significantly reduced and the business looks more attractive than before. However, there are some firms that invest in all stages of development thus making it quite easier for startups to raise capital.
The government of Singapore is aiming to bring in more global investors so as to provide the Southeast Asian startups with ample scope to set their business off the ground. In the near future, venture capital financing in Singapore is expected to become a huge industry which is, currently, at a nascent stage. However, things are still good enough and entrepreneur can definitely manage to find an investor through effective networking.
Merger Alpha is an effective network targeting the Southeast Asian markets. It provides a common platform for buyer, sellers, investors and financial advisors of the startup ecosystem thus making it easier for everyone to get in touch with each other. If you too want to be a part of Merger Alpha or you want to know more about venture capital financing in Singapore, feel free to visit http://mergeralpha.com/.