Innovation

As one of the most innovative cities in the world, Singapore hosts an ecosystem consisting of companies and organisations which are experimenting with new ways to solve the most challenging problems in the world today. From multinational firms to start-ups, companies are choosing Singapore to create, test and export innovative solutions to Asia and beyond.

The Imagined Future, Today

A Leading Innovative City

Singapore is a trusted partner for companies looking to boost their innovation capabilities in the region. Based in the heart of Asia and boasting one of the strongest innovation ecosystems in the region, companies seeking to engage in research and development will find their home in Singapore.

Some of the most innovative companies from Siemens to Visa and ABB have their key innovation centres based out of Singapore.

Photo credit: JTC Corporation

A Vibrant and Growing Start-Up Culture

Considered amongst the top in the world for start-up talent, Singapore has one of the fastest growing start-up communities in the world. The number of start-ups have more than doubled over the last decade to an estimated 55,000. With world-class facilities and collaborative spaces such as LaunchPad @ one-north, start-ups and large corporations are working together to generate new ideas to meet tomorrow’s challenges.

Singapore hosts some of the most exciting start-ups in the region, growing companies such as car-sharing disruptor Grab as well as games, e-commerce and digital payments company Sea.

A Thriving Ecosystem

The draw of Singapore as an ideal place to grow innovation lies in its ecosystem. Companies are able to tap on a diverse pool of talent, draw on cutting-edge research from top universities and connect with thought leaders in their industries. The government is also fully supportive of the push for innovation, including adopting a ‘sandbox’ approach for innovation which cushions against failures in an environment ripe for experimentation.

The Singapore government is taking a sandbox approach to allow innovators, universities and companies to work together and develop and trial new products and ideas for the region and beyond.

At a Glance

S$19bil

in government funds committed to science and tech till 2020.

 

#1

in start-up talent, as ranked by Genome's 2017 edition of its Global Start-up Ecosystem Report.

 

6th

most innovative city in the world, according to Bloomberg and Insead. The country is ranked top in Asia Pacific.

 

55,000

start-ups and growing. From deep tech to e-commerce and financial technology, these companies are disrupting industies and bringing new value to the economy by using new technology and innovative approaches.