Is Singapore's startup accreditation scheme pivoting to global outfits?
IMDA says core aim is still to accredit local tech firms but revamp hopes to draw deeper and wider global targets to benefit local ecosystem
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THE last few years have seen global tech startups - think Uber, Stripe, Netflix and ofo - flock to Singapore to acquire new customers or set up regional bases. But the likes of these companies could soon be coming here for an entirely new reason: a stamp of accreditation.
The Business Times understands that Singapore could potentially become a global accreditation hub for startups. This comes after the government's revamp of its startup accreditation programme, which has been expanded to support more than just local tech startups and young SMEs (small and medium enterprises), but also later-stage SMEs and, notably, foreign deep-tech companies.
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