SGX signs deals with Crowdo, PwC to support early-stage firms

The aim is to facilitate better access to expertise and growth capital.

Singapore Exchange separately signed two Memoranda of Understanding with Crowdonomic Media Pte Ltd (Crowdo) and PwC’s Venture Hub, as part of its drive towards supporting and facilitating capital access for the startup and early stage small and medium Enterprises (SMEs) communities.

SGX head of capital market development Mohamed Nasser Ismail said the exchange's established infrastructure and network can support and improve access to capital for early-stage companies.

"We have been involved in the startup and early-stage SMEs space starting from our partnership with CapBridge, as well as the provision of depository services for FundedHere’s proprietary bonds platform. Moving forward, we will continue to work with relevant like-minded stakeholders to facilitate better access to expertise and growth capital for these early-stage companies,” he said.

The areas of collaboration outlined by the MOU signed between SGX and Crowdo include raising awareness amongst the SMEs and the investing community about the various opportunities and channels available to raise capital in Singapore; information sharing to create efficient access to capital for SMEs; and mutually developing guidelines for the cross-referral of potential clients.

Meanwhile, the collaboration between SGX and PwC involves jointly promoting Singapore as an attractive ecosystem for startups, fast growing innovative companies and the investing community; arranging regular dialogues to further develop thought leadership within the startup community; and raising awareness about the various opportunities and channels to grow in the Asia Pacific region, using Singapore as a hub.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Is HDB resale a good investment?
OrangeTee’s Dallas Hassan and Huttons Asia Real Estate Groups’ Lee Sze Teck answer frequently-asked questions on HDB.
Spoof proof: How the new SMS Sender ID Registry prevents phishing
Phishing remains a huge problem in Singapore, with reported incidents jumping from 16 to 5,020 within four years.