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Singapore Boosts Startup Support, Urges Global Expansion

3/26/2026

Summary

Story summary

Singapore's Minister of State for Trade and Industry Alvin Tan said startups must expand internationally to stay competitive at launch of JTC's co-working space.
The government will boost the Startup SG Equity scheme by $1 billion to support growth.
The National University of Singapore and INSEAD will provide co-working spaces abroad to test markets.
Deputy Prime Minister Gan Kim Yong urged companies to draft international expansion plans amid global uncertainties.

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Story summary

Singapore's Minister of State for Trade and Industry Alvin Tan said startups must expand internationally to stay competitive at launch of JTC's co-working space.
The government will boost the Startup SG Equity scheme by $1 billion to support growth.
The National University of Singapore and INSEAD will provide co-working spaces abroad to test markets.
Deputy Prime Minister Gan Kim Yong urged companies to draft international expansion plans amid global uncertainties.