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Committee of Supply 2025 debate, Day 4: Neil Parekh Nimil Rajnikant on Singapore as a global hub for start-ups and innovation

01:04 Min

How does the Ministry of Trade and Industry (MTI) intend to track and support top-tier start-ups, especially in deep-tech and sustainability sectors? How will MTI further strengthen funding access, talent attraction and market expansion support to help these companies grow and thrive in Singapore? Could the MTI consider a regulatory sandbox model, allowing high-growth start-ups to test innovations under controlled conditions as was successfully done in the fintech industry?  NMP Neil Parekh Nimil Rajnikant raised these questions in parliament on Wednesday (Mar 5).  

How does the Ministry of Trade and Industry (MTI) intend to track and support top-tier start-ups, especially in deep-tech and sustainability sectors? How will MTI further strengthen funding access, talent attraction and market expansion support to help these companies grow and thrive in Singapore? Could the MTI consider a regulatory sandbox model, allowing high-growth start-ups to test innovations under controlled conditions as was successfully done in the fintech industry?  NMP Neil Parekh Nimil Rajnikant raised these questions in parliament on Wednesday (Mar 5).  

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