Singapore Global Founder Programme (GFP) Explained (Stay Tuned!)

The Singapore Economic Development Board (EDB) will soon launch the Global Founder Programme (GFP), aimed at attracting experienced successful entrepreneurs to Singapore to start new ventures.

What is the Global Founder Programme (GFP)?

The Global Founder Programme (GFP) is a special programme designed for experienced entrepreneurs and high-growth potential enterprises. This programme not only provides policy support for entrepreneurs but also offers comprehensive support including resource connections, financing channels, talent recruitment, and market expansion for eligible individuals and enterprises to establish themselves in Singapore.

Which entrepreneurs is this programme suitable for?

The Global Founder Programme (GFP) is particularly suitable for entrepreneurs with the following plans:

• Starting a new business in Singapore to explore new business opportunities.
• Relocating the headquarters or operations center of a new business to Singapore, leveraging Singapore's global network and business environment to enhance corporate competitiveness.
• Investing in Singapore's startups or venture capital funds, participating in the local entrepreneurial ecosystem to drive innovation.
• Establishing regional centers or R&D centers, using Singapore as a base to expand into Asian markets.
• Planning to relocate to Singapore within 1-2 years, utilizing Singapore's living and business environment for long-term development.

Why choose Singapore?

Singapore is one of the world's most attractive business and financial centers, with unique advantages including:

• Globalized business environment: Singapore is an important gateway to Southeast Asian and Asian markets, with an efficient international trade and financial system.
• Government support and preferential policies: The Singapore government actively encourages innovation and entrepreneurship, providing tax incentives, financing support, and incubation resources for startups and growth companies.
• High-quality talent ecosystem: Singapore has a world-class education system and open immigration policies, attracting top global talent.
• Stable social environment: Singapore's political stability and sound rule of law make it an ideal choice for entrepreneurs and investors.

How to apply for the Global Founder Programme (GFP)?

Currently, this programme is expected to officially launch next month, with specific application procedures to be announced by the Singapore Economic Development Board (EDB). However, potential applicants can prepare the following information in advance for a smooth application:

1. Personal entrepreneurial experience and success stories.
2. Business plan to be developed in Singapore, including industry, market potential, and development strategy.
3. Planned business model to be established in Singapore (such as headquarters, R&D center, investment, etc.).
4. Expected investment amount and financing plan.
5. Timeline for living and working in Singapore.

Conclusion

The launch of the Global Founder Programme (GFP) will further consolidate Singapore's position as a global entrepreneurial hub. For entrepreneurs seeking new opportunities in the Asian market, this is an opportunity not to be missed. If you are an experienced entrepreneur looking for a suitable international development platform, GFP is undoubtedly a programme worth watching and applying for.

Stay tuned for more official information and plan your global entrepreneurial journey in advance!