Startup Ecosystem News

Goldilock Secure was crowned the grand winner of SLINGSHOT 2025 and also walked away with the Transformative Digital Technologies domain prize today. The UK-based startup made a strong impression with its extensive Intellectual Property (IP) catalogue and innovative cybersecurity solution Goldilock Firebreak. The technology minimises cyber exposure by enabling secure, on-demand connection or disconnection of data and systems, effectively eliminating the vulnerabilities associated with always-connected infrastructure.

Stage One officially opened its physical campus at JTC’s LaunchPad @ One-North today, to bring together local and international startup ecosystem players under one roof. First announced at the Singapore Week of Innovation and Technology (SWITCH) 2024, Stage One is a joint initiative by Enterprise Singapore (EnterpriseSG) and the Economic Development Board (EDB) to provide a one-stop platform that connects local and global tech startups, and drives collaboration opportunities between startups, corporates and innovation partners.

Nanyang Technological University, Singapore (NTU Singapore) and US-based non-profit Activate Global have launched a new fellowship programme to support early-stage science and technology entrepreneurs in Singapore. Announced today by Deputy Prime Minister and Minister of Trade and Industry Gan Kim Yong at the Singapore Week of Innovation and Technology (SWITCH), the new fellowship programme, named Activate Global Fellows – Singapore, will feature a S$12 million commitment to support up to 20 science fellows and 20 co-fellows over the next three years.

Enterprise Singapore (EnterpriseSG) has enhanced its Global Innovation Alliance (GIA) strategy to provide more specialised market access support for Singapore-based startups across different stages of growth. Startups that have ready products and initial market traction will benefit from stronger connections to commercial and investment opportunities through an expanded network of strategic partners. This builds on the current GIA model where startups seeking to enter new markets will be equipped with foundational capabilities to help them navigate market entry and develop effective go-to-market strategies.

Five climate technology startups from Singapore and Malaysia have joined the latest cohort of the Breakthrough Energy Fellows – Southeast Asia (BE Fellows – SEA1), a joint programme by Breakthrough Energy, Temasek and Enterprise Singapore (EnterpriseSG). Deputy Prime Minister and Minister of Trade and Industry Gan Kim Yong highlighted these fellows at the Singapore Week of Innovation and Technology (SWITCH), who are developing solutions tackling some of the region’s most urgent climate challenges across agriculture, urban infrastructure, and sustainable manufacturing.

The Singapore Week of Innovation and Technology (SWITCH) flagship conference will return for its tenth edition from 29 – 31 October 2025 at the Sands Expo and Convention Centre, commemorating a decade of driving opportunities at the forefront of innovation and tech development in Asia. Organised by Enterprise Singapore (EnterpriseSG), SWITCH has been catalysing important conversations on technology and its potential to drive positive global impact. The event has played a pivotal role in connecting global and innovation partners to explore cross-border collaborations, advance the development of new technologies, and deepen support and infrastructure for startups.

Singapore is now ranked as the 4th best global startup ecosystem, an improvement from its 5th place ranking last year. This was unveiled in the Global Startup Ecosystem Index 2025, released by StartupBlink today. Since 2020, Singapore's ranking as a startup ecosystem has climbed from 16th to 4th. This rapid ascent on the global stage cements it as one of the fastest growing startup ecosystems in the world.

Enterprise Singapore (EnterpriseSG) today announced the launch of a new Global Innovation Alliance (GIA) node in Stockholm to support Singapore tech startups to accelerate market entry into Sweden and the Nordic region. The first in the Nordics, the node will focus on facilitating innovation partnerships with large corporates in Sweden, enabling startups to co-develop, trial and commercialise solutions in areas such as agrifood tech and green supply chains. With this addition, the GIA network will now run acceleration programmes in 24 global innovation hubs, bolstering overseas innovation opportunities for Singapore startups.

Enterprise Singapore (EnterpriseSG) today launched the inaugural Artificial Intelligence Open Innovation Challenge (AIOIC) to catalyse the development of AI-powered solutions that can address industry needs. This was announced by Deputy Prime Minister Heng Swee Keat in his opening address at the Singapore Week of Innovation and Technology (SWITCH) 2024. Organised by Enterprise Singapore (EnterpriseSG) and MP Singapore, SWITCH is the flagship startup event with a focus on deep tech and frontier technologies. It is taking place from 28 to 30 October at the Sands Expo and Convention Centre.

Enterprise Singapore (EnterpriseSG) has expanded its Global Innovation Alliance (GIA) network to the Netherlands to foster two-way technology and innovation partnerships, in areas such as advanced manufacturing, agritech, healthtech, sustainability and smart mobility. The two new GIA nodes in Amsterdam and Eindhoven will support Singapore tech startups to gain access to the Dutch market. This includes helping them understand the startup landscape, collaborate with industry partners, as well as co-innovate, testbed and commercialise solutions.