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S'pore-based startups gear up for China foray

VentureCraft to smoothen way for up to 10 of them to set up shop in Hangzhou

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VentureCraft marks the first scheme for Singapore-based startups incubated by the Singapore-MIT Alliance for Research and Technology (Smart) and other Singapore government agencies to conduct R&D and commercialisation in Hangzhou, China.

Singapore

IN APRIL, up to 10 Singapore-based startups will start mapping out (some, in fact, would already have made) their foray into China, having qualified for VentureCraft, the S$4 million initiative launched early this year that helps startups expand into high- growth foreign markets

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