19 Jan '12, 7am

[Singapore] YES No Longer – ACE Replaces YES! Startup Scheme With ACE Startups

In a press conference today, the Action Community for Entrepreneurship (ACE) as led SPRING Singapore announced the overhaul of the Yes! Startups (or Young Entrepreneur Scheme for Startups) scheme , which will be replaced by a new initiative called ACE Startups . The newer scheme, aimed at helping to generate a more entrepreneurial mindset in Singapore, will see financial support for entrepreneurs at a similar level to Yes! Startups , but removes the previous applicant age restriction to below 26 years old. “When ACE was formed almost a decade ago, the focus was on areas like financing, rules and regulations, internationalization and fostering a culture of entrepreneurship,” said Singapore’s Minister for Trade and Industry Teo Ser Luck, also ACE ‘s chairman, at the press conference. “Going forward, we will focus more on helping aspiring entrepreneurs start their companies a...

Full article: http://www.youngupstarts.com/2012/01/19/singapore-yes-no-...

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