S'pore ready to be essential cog in global innovation network: Vivian
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Singapore
SINGAPORE is poised to become an investment destination for venture capitalists (VCs) and an essential cog in the global innovation network - backed by a receptive government that enables but knows when to "get out of the way", said Foreign Minister Vivian Balakrishnan on Monday.
He was making his pitch to over 200 VCs and business leaders at the South-east Asia VC Summit organised by Kauffman Fellows, a Silicon Valley-based leadership programme for VCs that has since 1995 graduated 400 fellows who collectively manage some US$250 billion in assets.
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