Singapore startups look to Russia amid tech labour crunch
They are participating in accelerator programmes, tapping on a host of tax incentives, free office space, government grants offered by Russia
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Singapore
RUSSIA is pulling out all stops to attract tech companies to its startup hub in Moscow. The country's enigmatic personality might throw some off course, but it presents a bevy of opportunities for young Singapore startups to tap talent that is so scarce in the tiny island state they call home.
Faced with a tightening labour crunch in South-east Asia that seems far from abating, startups in the city-state are warming up to forming partnerships with Russia-based companies. They are participating in accelerator programmes and tapping on a host of tax incentives, free office space as well as government grants offered by Russia, all thanks largely in part to the country's ties with Enterprise Singapore (ESG).
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