Business angels are wealthy, private investors, who provide capital for young companies in Singapore at the start-up phase or during a level of expansion. Unlike venture capitalists - whose money is often pooled by investment firms - business angels usually invest their own funds.
If you are a Singapore entrepreneur with a good business idea but lack both funding and experience in running a business then partnering with a business angel, familiar with the local Singapore marketplace might a good idea. This is because business angels are not only valuable for their financial contributions, but also for offering their expertise and in many cases, contacts to their invested company. Many business angels have had success as an entrepreneur or in executive positions at well-established companies or corporations. This can be even more advantageous when a business based in Singapore is looking to export overseas or across the rest of Asia. Partnering with the right business angel with experience in this area can make a big difference to the overall performance of your business.
How Investors can Help Singapore Start-ups & Businesses
While some business angels act as mentors and choose to invest in start-ups either in their chosen field, or based on new technologies in that field, many are simply looking for innovative, viable business ideas in Singapore. It is well known that Singapore offers investors a lot of business opportunities due to its location and free trade philosophy. Singapore is also a well-established business hub and a great location for a busines investment.
Business angels work with entrepreneurs and companies in various industries in Singapore- from the Web to real estate to the arts - and usually do not have a prior history with the company that they are investing in. Some of the key business markets in Singapore are financial, chemical, and manufacturing so these can be popular types of business for investors to fund.
The primary goals of business angels looking to invest in projects in Singapore involve seeing their invested companies succeed and doing what it takes to ensure that success. Instead of seeking ownership in the company, business angels are more concerned with using their expertise to help make and manage day-to-day business decisions.
How the Singapore Investment Network can Help
The Angel Investment Network bridges the gap between business angels and entrepreneurs with a network of sites in over 30 countries. Members can get in touch with business angels who are looking to connect with Singaporean entrepreneurs in a wide range of industries.
If you’re based in Singapore and do not have the funds to take your business to the next level then finding an angel investor who is looking to invest their money into a Singapore-based business may be the solution you’re looking for.
For investors looking for their next project then picking a business based in Singapore can be a good idea since the country has a lot of young entrepreneurs and opportunities to invest in.