Singapore has emerged as one of the world’s most vibrant innovation hubs, supported by a dynamic ecosystem of more than 4,500 technology startups; over 220 incubators, venture builders, and accelerators; and more than 500 venture capital firms. This ecosystem was built through sustained public–private partnerships and a shared commitment across government, industry, investors, and research institutions to nurture innovation and entrepreneurship.
Continued investment in research and innovation remains central to Singapore’s strategy. Under Research, Innovation and Enterprise (RIE) 2030, Singapore will invest $21.9 billion over the next five years from April 2026, equivalent to around 1% of GDP, to strengthen capabilities in areas such as Artificial Intelligence, data, and compute, while sustaining long-term investments in key technology domains.
To support the growth of Deep Tech companies, the Startup SG Equity scheme has received a $785.6 million top-up and an expanded mandate to support Singapore-based Deep Tech startups beyond early-stage financing.
Singapore is also strengthening access to international capital markets. The upcoming Singapore Exchange–Nasdaq dual listing bridge will enable companies to tap liquidity and investors in both Asia and the United States, facilitating greater cross-border investment flows.
International expansion remains a core pillar of Singapore’s startup strategy. Through the Global Innovation Alliance (GIA), startups can access innovation ecosystems in more than 50 countries, supported by programs for market discovery, partnerships, and business scaling.
The global innovation ecosystem also convenes at the Singapore Week of Innovation and Technology (SWITCH), a premier platform for Deep Tech innovation. SWITCH 2026, taking place from October 27–29, will also mark the 10th edition of SLINGSHOT, Singapore’s flagship global Deep Tech startup competition. In addition, Stage One was established to provide a one-stop platform that connects local and global tech startups, and drives collaboration between startups, corporates and innovation partners.
