24,699.

This is the number of jobs created by Global Investor Programme (GIP) investors from 2011-2022. 

This number looks to increase even further with the appointment of seven new fund management companies as GIP-select funds in the past months. We are privileged to be one of these seven FMCs appointed as a GIP-select fund. 

This enables GIP applicants to deploy more investments in the local ecosystem through funds like Insignia Ventures Partners’, “generating greater positive spin-offs for Singapore companies and the economy, and creating more jobs for Singaporeans.”

Collaboration is important more than ever to build platforms for capital and talent to meet, especially as there is increasing interest in Singapore, and by extension, Southeast Asia, opportunities for deep tech innovation, from the latest AI to semiconductor tech, healthcare to blockchain finance.

Supply chain diversification for production of key components like semiconductors, demand for localized solutions, and more talent shifts to the region are drivers of this (read more in this updated innovation trends article and this updated capital trends article).

“We are proud to be among the Global Investor Programme-Select funds which allows foreign investors to access accredited local partners in navigating Singapore and the wider ASEAN region. Programs like GIP are important drivers of innovation funding and job creation leveraging on Singapore’s connective role in the global economy,” shares our founding managing partner Yinglan Tan on this appointment.