The EntrePass scheme is tailored for accomplished foreign entrepreneurs, high-caliber innovators, or seasoned investors looking to establish a business and relocate to Singapore.
This initiative is part of Singapore’s strategy to position itself as a global business hub by attracting top business talent and innovators to the country.
While the EntrePass is available to individuals of all nationalities, it comes with strict eligibility criteria. Applicants must have either started or plan to start a private limited company that is venture-backed or possesses innovative technologies.
Applicants must meet at least one of the following criteria:
- Have a business proposal that is entrepreneurial and innovative in nature, and able to create local employment in Singapore.
- Have started, or intend to start, a private limited company registered with ACRA that is venture-backed or owns innovative technologies.
- Is registered (as above) for less than six months at the point of application.
Applicant must also meet at least one of the following criteria:
- Has acquired funding from a business angel or government accredited venture capital fund.
- Owner of a recognized intellectual property.
- Significant experience, network and entrepreneurial record.
- Exceptional expertise in your domain.
- Have a proven track of growth of investing in businesses.
- A collaborator with A*STAR or a university.
- Be part of a government supported incubator.
A new EntrePass is initially issued for one year. It can be renewed, with the first renewal valid for one additional year, and all subsequent renewals valid for two years.
