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Singapore Emerges as a New-Business-Building Hub

Singapore Emerges as a New-Business-Building Hub

Singapore emerges as a new-business building hub masthead

In light of constant business disruptions, many established companies around the world are increasingly recognising the importance of new-business-building ventures as a critical growth engine to thrive in a post-pandemic world.

A Leap by McKinsey survey found that more than half (56%) of business leaders in Asia Pacific see corporate venturing among their top-three business priorities.

Singapore, which is home to around 43% of Southeast Asia’s unicorn startups, has diverse resources and the right enabling factors in place to help your company capitalise on this opportunity.

From 2018 to date, more than 40 corporate ventures have been successfully launched in Singapore.

This white paper, developed by the Singapore Economic Development Board’s corporate venture building arm – EDB New Ventures – and McKinsey & Company, offers comprehensive insights into the strategic benefits and support ecosystems in place for your new business ventures. Plus, get an insider’s look into how two companies have successfully launched their corporate ventures here.

Download the full report for more details.

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