Oradell

Singapore City

![landscape photography of Sydney, Australia](https://images.unsplash.com/photo-1542114740389-9b46fb1e5be7?ixlib=rb-4.0.3&ixid=M3wxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHx8fA%3D%3D&auto=format&fit=crop&w=1000&q=80)
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Singapore is a model for innovation and another great example of a relatively small country that massively over-performs. The country has become a location of choice for the incorporation of startups operating in Asia due to its financial stability, pro-business approach, and tax policies. Because Singapore has a small market and population, its ecosystem’s growth depends on scaling overseas. This aspect gives the ecosystem a unique regional perspective from the start. Attesting to this is the nation’s success in producing billion dollar valuations. The dominance of companies like Grab is a great example of how Singapore is becoming the headquarters of activities for leading regional startups.<br>
The Singapore ecosystem boasts a growing number of accelerators and support networks. For instance, [Enterprise Singapore](https://www.enterprisesg.gov.sg/) has accelerator programs that allow early stage startups to access financial aid and business loans, while initiatives such as [Startup SG](https://www.startupsg.gov.sg/) focus on promoting Singapore’s startup ecosystem. The country also has a strong digital infrastructure and plenty of investment sources. On top of this, the country’s universities are involved in the startup scene, not only by training a highly qualified workforce for the R&D sector, but also in connecting programs to startups and encouraging entrepreneurship on campuses.<br>
Singapore’s public sector is highly supportive of the startup ecosystem, but the country should be careful not to turn this support into a dependency. Moreover, attracting talent and maintaining competitiveness on a global scale should also be focal points for Singapore which is rapidly replacing Hong Kong as the favorite Gateway to Asia. Some challenges are still evident: high real estate prices make it harder to attract non established foreign talent, and there is a general risk averseness in the local population.<br>
Initiatives such as the [Entrepreneur Pass](https://www.mom.gov.sg/passes-and-permits/entrepass) (EntrePass) could become instrumental in keeping up with the high demand for a qualified workforce. Considering the country's stability and infrastructure, it is only natural for Singapore to make the next big leap from its leading role in Asia to become a truly global startup ecosystem.

Singapore

Mbanq Labs is a banking-as-as-service acceleration program that helps accelerate and incubate fintech and banking startups in Singapore

Mbanq Labs

Additional information and program details of Mbanq Labs accelerator in Singapore City, Singapore on StartupBlink. You can also look for other accelerators in Singapore on the interactive startup ecosystem map, and filter them by investment size and ranking. Own an accelerator? Add it to the map as well

As the innovation hub of the Asia-Pacific region, Taiwan is renowned for its outstanding high-tech R&D capacity, highly-trained professionals, and thriving networks of entrepreneurs which enable our  startup ecosystem to achieve steady continuous growth.

Director General, Department of Academia-Industry Collaboration and Science Park Affairs

In the recent years, Moscow has become a gravity centre for the most talented people not only from Russia and Eastern Europe, but from all over the world. Such concentration of professionals affirms Moscow as one of the global “cities of the future”, world centre for the development of breakthrough technologies, particularly in IT.

The Moscow Agency of Innovations was established to create a truly favorable environment for the advancement of technology in Moscow.

2016

The Skolkovo Innovation Center and Skolkovo Foundation was signed into law with a goal to goal is to create a sustainable ecosystem of entrepreneurship and innovation.