EDB New Ventures

EDB New Ventures is the corporate venture building arm of Singapore's Economic Development Board (EDB), established in October 2018. Its mission is to actively support large and established companies in their journey of building new businesses, aiming to scale these ventures into globally leading businesses from Singapore. The organization is committed to growing the broader corporate venturing ecosystem in Singapore by providing access to industry networks, expertise, and risk-sharing capital.

The venture building arm collaborates with partner companies and portfolio ventures to foster innovation and growth. By leveraging EDB's extensive networks and resources, EDB New Ventures facilitates the creation and scaling of high-potential new ventures. This support includes access to industry networks, expertise, talent, and risk-sharing capital, enabling companies to innovate and expand their business horizons.

Through its initiatives, EDB New Ventures has been instrumental in launching new ventures that contribute to Singapore's economic growth and global competitiveness. By partnering with established companies and entrepreneurs, it plays a pivotal role in transforming innovative ideas into successful businesses, thereby enhancing Singapore's position as a global hub for business and innovation.