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GBIP Singapore - Digital Economy & Next Generation Services

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Singapore

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Funded by Innovate UK and delivered by Enterprise Europe Network, the programme will comprise of innovative SMEs involved in next generation services such as Insurance (InsurTech), Legal Services (LawTech), Accountancy as well as Technology suppliers into these sectors that are looking to develop strong international partnerships for future collaboration and commercialisation in Singapore.

Successful applicants will have the opportunity to showcase their technologies at Singapore Fintech Festival & SWITCH (SFF x SWITCH), learn best practice about doing business in Singapore and connect with potential collaborators through pre-matched 1-to-1 meetings.

Business representatives will work with a designated account manager and adviser to support a structured programme encompassing three main phases -

  • Getting ready for the market
    Pre-visit and in-country briefings providing market information, advice on how to do business in Singapore, training on how to improve your pitch and articulate your value proposition and how to protect your IP
  • Visiting the market
    Exclusive access to the Singaporean digital economy and next generation services sectors and the opportunity to meet key companies and research organisations. Targeted, pre-arranged meetings at organised matchmaking events.
  • Exploiting the opportunity
    Utilising a tailored Innovate to Succeed approach, comprising one to one support from a specialist Innovation/ Internationalisation adviser to follow up and take advantage of the opportunities identified.


Why Singapore?
Singapore is frequently used as a safe gateway to Asia due to its high GDP per capita, healthcare, transport, infrastructure quality and technology adoption, plus an attractive tax system, a familiar legal framework and the ease of doing business in English.

Singapore is ranked 4th in the Global Finance Centres Index (GFCI) ranking of financial centres and has a stated ambition to become the LegalTech and FinTech centre of the world.

This mission is looking to explore potential opportunities for the UK (and Next Generation Services ISCF challenge) to learn from the Singapore model and benefit from cooperation.


Key Dates

  • Deadline for final application: 18th August
  • Successful applicants advised; w/c 26th August
  • Briefing event: w/c 14th October
  • Innovation Mission to Singapore: 9th - 16th November
  • Ongoing follow up: from w/c 18th November
  • Post visit event: TBC


The Cost
Innovate UK and the Enterprise Europe Network will organise and fund flights, hotels, and in-country logistics for all participants on the visit to the country. On acceptance to the programme a commitment fee of £500 will be obtained from each successful company which will be returned after their involvement in the international mission and agreeing an action plan post visit. Non-attendance of any part of the programme after formal acceptance may result in forfeiting some or all of the fee.


Eligibility
To participate in this programme your business must be a UK SME.


How to Apply
There is a competitive process to participate in the programme following a two-stage evaluation process, in which only the best 15 applicants will be successful. To apply please register via this Eventbrite page. Our team will contact suitable companies with a link to the full application form, which must be completed by 18th August 2019.


For further information, please contact Jens Böhm - jens.boehm@rtcnorth.co.uk.


Personal Data and Privacy
We take your data very seriously and are committed to the privacy and security of it. Our Privacy Notice explains how we (RTC North) collect data and how we’ll store and handle that data, and keep it safe. This is a programme offered through the Enterprise Europe Network (EEN) and funded by Innovate UK. Your data will be shared with them for the purpose(s) of programme delivery and management. Their privacy policies are available at Privacy notice policy | Privacy notice and information management policy If your application is successful, to expedite your visit, we may have to share your personal data (e.g. your name, email address) with trusted partners in Singapore.

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