24 Dec '11, 6am

#Singapore’s @SCAPEsg to launch program for young entrepreneurs, but is it doomed to fail?

#Singapore’s @SCAPEsg to launch program for young entrepreneurs, but is it doomed to fail?

S’pore’s *SCAPE to launch program for young entrepreneurs, but is it doomed to fail? December 24, 2011 by Terence LEE Come March 2012, *SCAPE will launch a new entrepreneurship program to reach youth-run businesses. By June, the government-supported hang-out spot for youths will open up its space to house 35 small-scale businesses, reported Channel NewsAsia . The entrepreneurs will still have to pay market rental rates, but they will receive training on how to successfully run their businesses. *SCAPE was set up in 2004 to manage spaces in the heart of Singapore city, set aside by the Ministry of Community, Youth & Sports (MCYS), for young people to explore their social interests and creative passions. But while exact details of the scheme were not released, it is already met with skepticism. The tone of the news article by CNA says a lot — the piece was unusually critical...

Full article: http://sgentrepreneurs.com/commentary/2011/12/24/singapor...

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