Singapore attracts Western early-stage startups despite funding winter

New collaborations may appear as entrepreneurs seek early ties with Asia

20230925 grand finalists lky

Grand finalists of the Lee Kuan Yew Global Business Plan Competition held in Singapore. (Photo courtesy of Singapore Management University)

AKITO TANAKA, Nikkei Asia chief business news correspondent

SINGAPORE -- As the global funding winter continues, the business climate surrounding startups remains harsh worldwide. Under this circumstance, a startup competition held by the Singapore Management University in mid-September saw a rapid increase in applications from overseas.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.