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Plug and Play Tech Center sets up in Singapore

US-headquartered Plug and Play Tech Center has partnered with the National Research Foundation in Singapore to co-invest in early stage high-tech companies in Singapore. As part of its Singapore initiatives, Plug and Play will be partnering with SingTel to help its startups access the Asia Pacific market. Saeed Amidi, CEO of Plug and Play said that "Plug and Play Tech Center will setup its Singaporean operations with close affiliation to its current US operations, transf...

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Neoteny Labs to set up incubator in Singapore

Founded by US/Japanese entrepreneur and venture capitalist Joichi Ito, Neoteny Labs intends to incubate and invest in early-stage startups across Asia, and has selected Singapore to set up its first incubator. Selected as one of seven technology incubators to participate in the S$50 million National Research Foundation (NRF) Technology Incubation Scheme (TIS), Neoteny Labs is on track to commence operations in Q1 2010. Read more ...

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Singapore ‘A Best Place for Start-Ups Today’

Financial capitalism has to make way for entrepreneurship, and Singapore is ideally placed to be an entrepreneurial hub, says the founder of one of Europe's largest incubators. Johan Stael von Holstein, founder of incubator IQube, told BT the current economic turmoil shows the failure of finance-driven free market system, and the focus now should be on growing new companies. He reckons this would fuel long-term growth, and that the new businesses would create jobs for those...

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