SINGAPORE: One of Singapore's largest start-up communities, the Hub Singapore, unveiled its new workspace at Prinsep Street on Tuesday (Aug 25).
The new and larger premise boasts 160 co-working and permanent desks, eight team rooms and flexible event spaces that can hold up to 200 people.
The Hub currently connects more than 500 entrepreneurs and technical staff with Government agencies and potential investors. In addition to coming up with programmes for start-up companies, the Hub is also introducing programmes to match start-ups with large, established corporations.
Large companies currently involved in the programme include J.P. Morgan, DBS Bank and Procter & Gamble.
Future plans include an Investor in Residence programme and an alumni fund to help start-ups turn ideas into reality.
Speaking at the official opening, Foreign Affairs and Law Minister K Shanmugam said the Government will provide the right environment and ensure that people are well trained to take advantage of new technologies.
“You educate your population, you expose them, make sure they are able to be bright, well-educated, well-equipped to look at the latest trends and challenges and seize opportunities,” said Mr Shanmugam.