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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. Singapore has several grants and initiatives that provide

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
new
195.370
27.56
164.15
3.66
th
new
th
new
52.554
12.66
36.10
3.79
th
new
th
new
45.062
7.09
34.82
3.15
th
new
th
new
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 iconPropertyGuru Group
startup iconNium
Top Coworking Spaces
startup iconNuSpace
startup iconSpacemob
startup iconWorkCentral
Top Accelerators
startup iconTribe Accelerator
startup iconThe FinLab
startup iconTribe Accelerator
Notable Organizations
startup icon1823 Ventures
startup iconCredit Xtra Pte Ltd
View complete Singapore startup ecosystem database

Singapore Ecosystem Landscape

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.

    • The Special Situation Fund for Startups supports early to late-stage promising startups that can contribute to Singapore’s national priorities via convertible note.

    • 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 produced 10 unicorns to date and has over 3600 thriving tech startups.

      • Startups have attracted over $10B in investment since 2019.

      • 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.

      • The coworking sector in Singapore has grown 3 times between 2015 and 2019 with The Great Room Coworking Space, JustCo Coworking Space and District Coworking Space being some of the biggest coworking spaces in Singapore.

      • There are more than 100 venture capital firms in Singapore and that space is still growing and attracting a lot of international VCs to Singapore. 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.
  • Singapore Innovation & Entrepreneurship Group: Is a community consisting of local innovators, entrepreneurs, corporate innovation labs, startups, investors, and innovation supporters, exchanging experiences and ideas to build a better tomorrow.
  • 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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