Core Viewpoint - The Singapore Economic Development Board has launched the "Global Entrepreneur Program" to attract top global entrepreneurs to establish and develop innovative projects in Singapore, enhancing the local startup ecosystem and solidifying Singapore's position in the global innovation landscape [1]. Group 1: Support Dimensions - The program will provide support to entrepreneurs through three dimensions: building a resource network and simplifying processes, leveraging advanced technology research and talent resources, and offering customized support plans based on individual startup needs [2]. - The government will create a community network of entrepreneurs, strategic partners, investors, and advisors to help entrepreneurs efficiently plan and implement their projects [2]. - The program aims to simplify the establishment of businesses and the process of talent recruitment, significantly reducing the time cost for startups [2]. Group 2: Selection Criteria - The program has set clear standards for selecting quality entrepreneurs, requiring applicants to have successfully founded a business, driven significant product line development, or achieved commercialization breakthroughs in technology [3]. - Entrepreneurs must commit to establishing their companies' Asia-Pacific headquarters in Singapore, ensuring that only those with strong innovation capabilities and rich operational experience are attracted [3]. - Over the past two years, the Economic Development Board has collaborated with over 50 entrepreneurs, successfully facilitating the establishment of more than 30 new companies in various sectors, raising over $450 million in initial funding [3]. Group 3: Business Environment - Singapore's rapid development of startups is supported by a favorable business environment, including a corporate tax rate of 17%, which is among the lowest in Asia [4]. - The government has introduced several tax exemption programs, such as a 75% tax exemption on taxable income for new startups in their first three years, effectively reducing operational costs [4]. - Singapore is home to numerous world-renowned educational institutions, continuously supplying high-quality professional talent to various industries [4]. Group 4: Positive Impact - The "Global Entrepreneur Program" is expected to strengthen Singapore's position as a startup hub by attracting more global entrepreneurs and innovative projects, fostering collaboration between startups and local businesses [5]. - The program will promote industry innovation by bringing in companies with innovative and scalable potential, introducing new technologies, products, and business models to Singapore [5]. - It will facilitate global economic cooperation by providing a platform for global entrepreneurs to access the Asian market, driving the flow of capital, technology, and talent [5].