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Singapore has become a favorite place for technology startup founders over the decades. The ease of doing business attracts a lot of entrepreneurs from across the globe to this island nation.

Explore the Startup Ecosystem Map of Singapore

Startups
Coworking
Accelerators
Leaders
Organizations

Comparative Analysis of Top Cities for Startups in Singapore

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2022 National Rank and Change▲
2022 National Rank and ChangeCity
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Global Rank & ChangeTotal ScoreQuantity ScoreQuality ScoreBusiness Score
th
new
th
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195.370
27.56
164.15
3.66
th
new
th
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52.554
12.66
36.10
3.79
th
new
th
new
45.062
7.09
34.82
3.15
th
new
th
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35.264
9.40
22.35
3.51
th
new
th
new
28.502
4.67
20.03
3.80
th
new
th
new
25.334
4.96
16.84
3.54
th
new
th
new
23.407
3.98
17.18
2.24
th
new
th
new
22.454
5.95
12.86
3.64
th
new
th
new
20.994
4.82
12.77
3.40
th
new
th
new
20.663
1.97
16.04
2.65
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Notable Startups
startup iconCarousell
startup iconPatSnap
startup iconNium
Top Coworking Spaces
startup iconJTC LaunchPad
startup iconSpacemob
startup iconWorkCentral
Top Accelerators
startup iconTribe Accelerator
startup iconThe FinLab
startup iconTribe Accelerator
Notable Organizations
startup iconStartup SG
startup iconEnterprise Singapore
View complete Singapore startup ecosystem database

Singapore Ecosystem Landscape


For more information about the Singapore Startup Ecosystem head to the Singapore Startup Network by Startup SG here
Incentives
    • Tech@SG Program helps fast-growing companies establish their core teams in Singapore and more quickly capture business opportunities in the country and the region.

    • Tech.Pass is a visa that allows established tech entrepreneurs, leaders or technical experts from around the world to come to Singapore.

    • Startup SG Equity is a scheme that comprises a co-investment approach and a fund-of-funds approach. Under the co-investment approach, Enterprise Singapore ’s investment arm, SEEDS Capital, alongside SGInnovate, taps on private sector investors’ expertise to assess and co-invest in eligible startups.

    • The Finance and Treasury Centre (FTC) Incentive aims to encourage companies to grow treasury management capabilities and use Singapore as a base for conducting strategic finance and treasury management activities.

    Investor Landscape
      • Singapore has grown a total of 25 unicorns to date.

      • Investments in startups grew by more than 45% per annum to reach S$14.7 billion in 2021.

      • The Singaporean government has provided over $60B of funding since 1990 to support R&D at universities, research institutes and industries.

      • In 2019, Singapore invested approximately 75% of total VC dollars in the region, solidifying its leadership role amongst its neighbors.

      • SWITCH 2022 flagship event with more than 300 speakers and 250 exhibitors- including startups, entrepreneurs, investors, MNCs and public sector leaders from around the world. Top 50 global finalists from SLINGSHOT 2022 vie for over S$1.2 million worth in prizes in Grand Finals.

      • Growth Stage (Series D and above) deals quantum and count both increased more than 200% from 2020 to

      • In 2022, there are now over 200 accelerators and incubators, over 420 VC firms and Angel Networks. The biggest VCs include: DreamLabs, 500 startups, B capital group, Monk Hill Ventures, and Jungle Ventures.

Notable events and communities
  • Innovfest Unbound: is the largest startup innovation event in Asia. It is the award-winning meeting point for the international industry, dedicated to helping build digital economies and turbocharging the ASEAN innovation ecosystem.
  • Asia Tech x Singapore: Asia Tech x Singapore (ATxSG) is Asia’s flagship tech event where technology intersects with society and the digital economy. ATxSG enables participants to network and track the latest tech trends, challenges and opportunities.
  • The Singapore Week of Innovation and TeCHnology (SWITCH) is a community of innovators with a year-long programme of knowledge sharing and networking, featuring a flagship conference and access to our platform.
  • Startup Grind Singapore: is a vibrant chapter within the global community of passionate individuals who work in and with startups: from entrepreneurs and investors to students and established startup founders and executives.
Read more about Singapore startup ecosystem

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