There are a lot of funding options available in Singapore...However, we find that most startups lack information about the various funding and financing resources that are available to them...
Singapore (PRWEB) April 05, 2012
Janus Corporate Solutions, a leading Singapore firm that helps startups and established firms with their entry or expansion in Singapore, has released a set of comprehensive guides that provide entrepreneurs with one-stop information on funding options and financial assistance schemes that are available for startups in Singapore. The guides are published on http://www.GuideMeSingapore.com, a leading Singapore-focused business information portal and a unit of Janus Corporate Solutions; they focus on the three major sources of finance for startups in Singapore - private equity funding, private debt-financing, and Government assistance schemes.
The guides are a one-stop resource for entrepreneurs who are keen to gain more insights into the various startup funding options in Singapore. Ms. Jacqueline Low, Director of Janus Corporate Solutions said, “Setting up a company in Singapore is simple and easy with minimal statutory requirements. Hence, the primary concern for most entrepreneurs is not the process of registering a business but rather securing startup capital. The good news is that there are a lot of funding options available in Singapore, from bank loans and government schemes to angel investment networks. However, we find that most startups lack information about the various funding and financing resources that are available to them. This prompted our editorial team to launch a series of free online guides specifically prepared for startups in Singapore.”
Each of the guides focuses on a specific area of funding and the guides are presented in a simple and easy-to-read format. The guide on Private Equity Financing for Singapore Startups provides up-to-date information on the Singapore’s equity financing landscape and surveys the major sources of equity funding in Singapore including private equity firms, business angels, venture capitalists, and the popular investment networks in Singapore. The guide on Private Debt Financing for Singapore Startups not only details the major sources of private debt finance but also includes meaningful resources such as the various debt-financing products that are offered by financial institutions in Singapore and useful tips on how to secure debt-finance. Entrepreneurs will also find a wealth of useful information under Government Funding and Assistance Schemes for Singapore Startups which includes details of various government funding initiatives such as cash grants, government equity financing schemes, business incubator schemes, debt financing schemes, and tax incentives for Singapore-based startups.
Both private institutions and government agencies in Singapore are acutely aware of the key role that startups play in fostering innovation and growth and are making a concerted effort to nurture and support them in Singapore. Analysis by GuideMeSingapore.com reveals that there has been an increasing demand for startup loans and a high-level of private equity investment activity over the past year. According to OCBC bank, loans for startups rose 10% in the Q3 2011 as compared to the Q2 2011. Singapore also accounted for almost 52% of all private equity investments in Southeast Asia between 2005 and 2010. Additionally, the country is also considered to be the fourth most attractive market in the world for venture capital and private equity firms.
“Identifying resources for startup funding will no longer be a tedious and exhaustive process for entrepreneurs in Singapore as their one-stop resource center is now just a click away,” added Ms. Low.
For more startup advice and resources, visit: http://www.guidemesingapore.com/incorporation