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THE Singapore Business Federation (SBF) and V3 Fintech, the fintech arm of lifestyle products group V3, have set up a digital academy to help small and medium enterprises (SMEs) train their...
SingSaver licensed to offer over 100 policies from 12 insurers
Financial comparison platform SingSaver has secured a brokerage licence from the Monetary Authority of Singapore to offer more than 100 insurance...
Interview - Eugene Wong, Founder and MD, Sirius Venture Capital
IN THE NOT-TOO-DISTANT future, Eugene Wong envisions Singaporeans eating nasi lemak with crispy deep-fried grasshoppers instead of ikan bilis.
New trade group of startup investors who don't focus on flipping
[NEW YORK] Attracting venture capital (VC) has rarely been easier for well-connected tech guys in hoodies, but it's still a long shot for everyone else.
Tech startups finding few takers from private equity - for now
PRIVATE equity firms here don't seem ready to invest in the newfangled tech startups that their venture capital counterparts usually target, but this could change down the road as these startups...
Editor's Pick
Support for SMEs entering new markets?
Expert’s Take
Many SMEs face challenges in navigating the business landscape and finding the right local partners when expanding overseas. To ease some of these initial challenges, companies can make use of IE Singapore’s Plug and Play Network (PPN). Currently, there are 9 PPN partners providing pre-market entry advisory, business matching, in-market consultations and co-working spaces in key cities in China, Southeast Asia and India.
When going into a market, leasing an office space can be challenging due to regulatory requirements and high overhead costs. Processing time for office rental may also take quite long depending on the market. By using a PPN partner’s co-working space as a start, companies can set up easily and quickly without the hassle of business registration, renovation and rental agreements. A plus point is that these PPN co-working space partners have business mentors and advisors on hand to guide companies on set-up and business issues.
Another common challenge is in finding business leads. By using some of our partners on the PPN, companies can tap into their search and business matching services for overseas business partners.
For more details about the Plug and Play Network, visit https://www.iesingapore.gov.sg/PPN .