24 Apr '12, 10am

Wow, Australia is going to wiped off the innovation map by other country's incentives: #yam

Whether this new initiative succeeds or not is not necessarily the point to me – rather, it’s that Singapore GETS IT. They understand that it’s not *exclusively* mega corporations that drive economic growth and create jobs, but rather that it’s the startup companies, the small and medium sized enterprises, and the family owned businesses that are the engine for creating jobs, etc. It is initiatives like these that make me as an American feel as if I need to climb on top of my dorm building here in D.C. and shout out to the legislators to pass Brad Feld’s “Startup Visa” and start attracting foreign entrepreneurs and executives to our country again. The USA is falling behind. On a different note, we graduated 150,000 engineering students this year….China alone is estimated to have graduated around 500,000 engineers. We need more entrepreneurs and more developers coming to th...

Full article: http://e27.sg/2010/10/06/singapore-puts-up-38m-for-foreig...

Comments

  1. 24 Apr '12, 11am

    tYea! Our Gov recognised that our resources are limited, that is why we need to tap on talent from all over the world to help us to continue to develope our economy. We understand that we're small and need to stay on the top all the time or else we'll be easily left behind and disappeared from the world map completely

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