Singapore has 1 city in the top 1000 and has a vibrant startup scene that ranks 6th within the competitive global top 10.
Singapore’s startup scene saw an increase in 2023 and jumped 1 spot from the previous year, outranking Germany.
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.
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The health check tables allow you to look at the performance Singapore has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...
Singapore is ranked within the top 10 startup ecosystems globally.
Singapore’s startup scene is best represented in Foodtech, Ecommerce & Retail, and in and Fintech.
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