Locations

Over the past decade Singapore has positioned itself as the innovation hub of one of the most dynamic regions in the world. Not only does the city-state benefit from its proximity to other innovation hubs such as Malaysia, Thailand, Vietnam and Indonesia; it’s also located at the crossroads of two other major economic growth regions, naming China and India.

The local government is proactively supporting companies in Singapore by equipping them with resources that help them to realize their business goals and creating a platform for future growth and expansion. Singapore’s innovation ecosystem paired with its talent pool, growing number of promising start-ups, government support and central location attracts global businesses. It provides the ideal environment to test new products and services before rolling them out across Asia and beyond. Global organisations and investors already succeed in using Singapore as a springboard to the rest of the region.

Rapid urbanization and industrialization in Southeast Asia are driving demand for new solutions across several different industries. Asia’s emerging markets today account for two-thirds of global growth and are home to half of the world’s middle class, creating new potentials and positioning the region as the key future market.

Houston has shed its image as an oil town and is in the process of repositioning itself. Great efforts are being made to transform the economy and strongly promote technology companies. Some projects have already been completed; others are in the process of being developed.

The arrival of companies like HPE offer a vivid snapshot of a new tech boom in the former oil capital. Beyond that, Houston is also in the process of modernization. Three major local universities, the world’s largest medical center, the mayor’s office and the local tech scene are working together to accelerate research in medicine, climate change and cloud computing.

Old and established facilities are being transformed as accelerators and incubators, taking a key role in establishing Houston as America’s new tech center. Overall, the resurgence of Houston is part of a Texas tech wave, with Oracle moving its headquarters to nearby and Tesla to the state capital. So, Houston is an important part of the startup tech ecosystem.

Tel Aviv’s startup ecosystem is one of the most highly developed in the world. Often referred to as ‘Startup Nation’, Israel—a country of only 8 million people, that is only sixty years old, has no natural resources and is in a constant state of war—has more startups per capita than any other country with startups raising $6.4 billion in 2019. 2,000 startups have been founded in the past decade, another 3,000 small and medium-sized and high-tech companies as well as 30 growth companies, 50 large technology companies, and 300 multinational corporations R&D centres.

The Israeli government is actively supporting and enabling the domestic innovation ecosystem. It has been responsible for reducing tax for tech companies, creating funds and incentives, and removing bureaucratic obstacles to encourage hi-tech mergers. Further the government is committed to encourage an increase in international and local talent, in which entrepreneurial education is playing a major role. Israel enjoys the highest percentage of engineers and scientists per capita in the world, and one of the highest ratios of university degrees and academic publications per capita.

The domestic market forced many entrepreneurs in Tel Aviv to think ahead and plan internationally. In their book ‘Start-up Nation: The Story of Israel’s Economic Miracle’, the authors Dan Senor and Saul Singer argue, that mandatory military service and immigration are key factors leading to Israel’s success. Tel Aviv is one of the top-performing cities for global connections and global market reach.