“Clarke Quay is a historical riverside quay in Singapore, located within the Singapore River Planning Area. The quay is situated upstream from the mouth of the Singapore River and Boat Quay.”
Call now 6223 1788 or walk into 10 Anson Road, #01-15 Tanjong Pagar, Singapore 079903.
Challenges entrepreneurs face in Singapore and what it takes to overcome them
“Challenges are gifts that force us to search for a new center of gravity. Don’t fight them. Just find a new way to stand.” This quote by Oprah Winfrey, an American media executive, talk show host, philanthropist, and actress compels to look at challenges as an opportunity to stand tall and work to make things happen.
Not enough funding
Once you have designed a plan of action for your startup, the next step is to arrange funds to turn your business plan into reality. Funding is the most critical need of any startup and entrepreneurs have a hard time finding funding to execute their business ideas. Many startup ideas have not been able to flourish due to a lack of funding. But the catch here is to keep your ears and eyes open to sources that help emerging entrepreneurs to build their business. When you have a plan, you can take the help of many public and private schemes available to help your business grow. You can apply for various incubators for mentoring or funding your business in Singapore such as Startupbootcamp Fintech and FocusTeam ventures. Also, there are startup grants, co-investment schemes, tax relief provided by the Singaporean government. These schemes and grants are clearly for small and medium-sized startups in Singapore. Furthermore, Enterprise Singapore offers opportunities to network and provide one to one counseling for various aspects of your business. Once your business has attained a certain growth trajectory, Enterprise Singapore engages with you for follow-ups on funding and idea generation.
At QuickLoan Pte Ltd, we provide a range of loan services in Singapore to bring you quick and easy financial solutions that will meet every need. Whether it’s to support your education, medical or traveling funds, our loans can finance any lifestyle and life stage. You won’t have to fret about using up all of your savings.
To find us:
Phone: 6223 1788
Office: International Plaza 10 Anson Road, #01-15 Tanjong Pagar, Singapore 079903