London startups come to Singapore

London`s Entrepreneur First, one of the top talent agency for start-up founders expands to Asia, to be more specific, to Singapore. Asian economy and technologies are growing with unbelievable pace and Entrepreneur First is going to support this course of event.

What is special about this Entrepreneur First`s scheme is that participants will be chosen by their professional skills and not early-stage companies. Around 50 people will be able to join the team in September. Entrepreneur First was founded in 2013 and has already graduated about 200 people and formed 50 startups that have raised more than $60m in external funding.

The expansion has been funded by Infocomm Investments, a $200m fund that backs early-stage technology businesses.The program lasts for six month and is divided into 2 parts. The first part consists of actually forming the team and making up ideas for business processes. And second one is actually the process of building business.

Quoting co-founder and chief executive Matt Clifford: "Entrepreneur First is the biggest creator of startups in Europe, and we have ambitions to be even bigger. We started with the vision that the best and most ambitious people will be founders. When talking about talent, innovation and the desire to create start-ups, Singapore is second to none. With the strong support of Infocomm Investments, our first international office in Singapore marks a new chapter for us and we are extremely excited."

Tharman Shanmugaratnam, Singapore’s deputy prime minister and coordinating minister for economic and social policies said:"The current turbulence in financial markets doesn’t displace the longer term picture in Asia: its markets are expanding faster than the rest of the world, and its consumers will increasingly demand quality and innovative products. "

"EF's new presence in Singapore will help catalyse technology innovation to take advantage of these opportunities. EF will help individuals with deep technical capabilities and new ideas to translate them into commercial solutions".

Despite the fact that Singapore is already best country for doing business according to Doing Business 2015 study, all that opens greater opportunities for professionals, startups and business in Singapore,. If you are ready to win the mountain top, have one of the best business opportunities Singapore is the country for you.

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