The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation and talent. We undertake investment promotion and industry development, and work with international businesses, both foreign and local, by providing information, connection to partners and access to government incentives for their investments.
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The Singapore Economic Development Board (EDB), a government agency under the Ministry of Trade and Industry, is responsible for strategies that enhance Singapore’s position as a global centre for business, innovation, and talent. We undertake investment promotion and industry development in the manufacturing and internationally tradeable services sectors. Industries within our purview account for more than a third of Singapore’s annual GDP. Our mission is to create sustainable economic growth, with vibrant business and good job opportunities for Singapore.
Besides facilitating investments, we engage Singapore’s existing base of companies to transform their operations and boost productivity, and to generate growth in adjacent and disruptive areas by growing new businesses out of Singapore. We work with companies by providing information, connection to partners and access to government incentives for their investments, as well as their transformation and growth initiatives.
A glimpse of our industry initiatives and partnerships here:
1. Innovation never stops EDB Year 2020 in Review: Schneider Electric – YouTube
2. Technology never stops EDB Year 2020 in Review 2020: Microsoft Singapore – YouTube
3. Manufacturing never stops EDB Year 2020 in Review: Meiban Corporation – YouTube
As investment in agri-food tech hits record-breaking levels, Singapore is helping entrepreneurs, industry, academia and the investment community to come together and drive new possibilities in the field of aquaculture.
Leaders from decisions intelligence provider Stemly and cocoa and chocolate multinational Barry-Callebaut discuss how their successful collaboration reflects a culture of co-innovation that places Singapore at the forefront of advanced manufacturing.
Singapore has positioned itself as a leading destination for global entrepreneurship. Direct investment and partnerships with global venture capital (VC) players have played a crucial role in creating this unique ecosystem, primed towards optimising a start-up’s chances of regional success.
A range of corporate programmes, co-innovation platforms and support schemes for corporations, start-ups and public sector bodies in Singapore have created a launchpad for regional growth for innovators from across the world.
Eighty of the world’s top 100 tech companies, from tech giants like Google, Facebook and IBM, to rising stars like Stripe and Grab, are not only running their regional operations out of Singapore, but also driving innovation from the country. This ebook investigates why Singapore is the top-ranked country in Asia in the World Bank’s most recent Doing Business Index; the attributes attracting both multinationals and start-ups to choose the country as the base for which to pursue growth in the region; and how to access the talent and support to scale even faster.
Over five decades, Singapore has transformed into a city of possibilities. As a country with humble beginnings, we defied the odds to enable the success of the most enterprising businesses and brightest minds.
