With Singapore's rapid economic growth and internationalization, Singapore, as one of the global centers of innovation and technology, has attracted a large number of foreign entrepreneurs and start-ups. The Singapore government continues to optimizeimmigrantsThe policy encourages global talent to come and start their own businesses and facilitates this through the Startup Visa program.In 2025, Singapore has tweaked and upgraded its Startup Visa policy, and these new policies offer new opportunities and challenges for foreign entrepreneurs planning to start their own businesses in Singapore. So, in 2025Singapore Startup VisaWhat exactly are the entrepreneurs for whom the new policy is suitable? This article will explain in detail.

I. Background of Singapore Startup Visa

The most common entrepreneurial visa in Singapore is the EntrePass, which is a work visa that allows foreign entrepreneurs to set up and run innovative businesses in Singapore. The Singapore government has always been supportive of entrepreneurship and innovation, and encourages foreign entrepreneurs to set up companies in the country, especially those that meet the criteria of being "innovative" and "technology-oriented". EntrePass is designed for foreigners who plan to set up innovative businesses in Singapore, which should be able to inject new blood into Singapore's economy, bring in job opportunities and promote technological innovation.

2025 New Deal Update Highlights:

In 2025, with the changing global entrepreneurial trends, Singapore has updated its EntrePass policy to include the following key adjustments:

1. Higher application standards: The Singapore Government has strengthened its screening criteria for entrepreneurs, with more stringent requirements for innovative companies in particular. Companies need to demonstrate more visible impact and potential in the areas of technology, digitalization or green innovation.

2. Financial support and investment requirements: The new policy requires entrepreneurs to invest a higher standard of capital, especially for those who plan to start a business in the tech sector, and the capital requirement has been increased toAt least S$500,000, to ensure that the business has sufficient capital to support the start-up phase.

3. Simplified application process: In order to encourage more international entrepreneurs, the Singapore government has optimized the application process by reducing cumbersome administrative procedures and improving the efficiency of application approval.

4. Business development incentives: The government offers incentives such as tax breaks and government subsidies to companies that successfully apply for EntrePass and set up companies in Singapore, especially for companies in the high-tech, environmental and other innovative sectors.

Second, which entrepreneurs are suitable to apply for the Singapore Startup Visa?

The new Singapore Startup Visa 2025 provides opportunities for more promising entrepreneurs by enhancing funding requirements, screening criteria and support for specific industries. Here are a few groups that are best suited to apply for the Singapore Startup Visa:

1. STI entrepreneurs

Singapore has always strived to be a global center for technology and innovation, especially in areas such as artificial intelligence, blockchain and big data. As such, entrepreneurs planning to start up businesses in these high-tech areas, especially those who are forward-thinking and innovative, are the main beneficiaries under the new policy.

• Suitable entrepreneurial direction:

  • Artificial Intelligence, Big Data Analytics

  • Fintech, blockchain

  • Biotechnology, medical technology

  • Green Technology, Sustainable Business

• The Case for Entrepreneurship:
  For example, a company working to develop AI-driven enterprise management tools or a company researching and launching sustainable energy solutions are the types of businesses that fit the new policy's support.

2. Digital entrepreneurs

With the advancement of global digitization, especially in the post epidemic era, digital transformation has become the dominant trend in business development. For entrepreneurs who plan to set up digital platforms, online services or e-commerce platforms in Singapore, Singapore's Startup Visa offers excellent policy support.

• Suitable entrepreneurial direction:

  • E-commerce platforms, digital marketing companies

  • Online education platforms, digital training companies

  • Information technology outsourcing company, software development company

• The Case for Entrepreneurship:
  For example, an entrepreneur who wants to open a digital education platform that offers online courses in programming, data analytics, etc., or a company that offers cross-border e-commerce solutions, all of these fit into Singapore's policy orientation.

3. Environmental and green technology entrepreneurs

Environmental protection and sustainability have always been a global concern, and in 2025 the Singapore government is placing more emphasis on supporting green technology and environmentally innovative businesses. If you have an innovative idea in this field and plan to open a related business in Singapore, Singapore's Startup Visa provides you with strong support.

• Suitable entrepreneurial direction:

  • Clean energy technologies, solar, wind

    

  • Environmentally friendly materials and recycling technologies

  • Smart City Solutions, Green Buildings

• The Case for Entrepreneurship:
  For example, a company that specializes in the development of environmentally friendly building materials or a company that develops new renewable energy technologies are innovative companies that fit well with Singapore's new policy requirements.

4. Overseas investors and entrepreneurs

Singapore's EntrePass visa remains an ideal option for overseas investors who have already accumulated some capital and are looking to enter the Singapore market. Whether it is through funding to support innovative projects or direct investment in local businesses, Singapore offers a plethora of opportunities for these investors.

• Suitable entrepreneurial direction:

  • Venture capital funds, investment management companies

    

  • M&A and asset reorganization companies

• The Case for Entrepreneurship:
  For example, an entrepreneur with years of investment experience who plans to set up a venture capital fund focused on green technology in Singapore, or an investor who plans to acquire a local Singaporean business and expand globally.

C. How to successfully apply for a Singapore Entrepreneurship Visa?

In order to successfully apply for the Singapore Startup Visa 2025, entrepreneurs need to know the following points:

1. Preparation of innovative business plans

The Singapore government requires a high level of innovation in entrepreneurial projects, and applicants must submit a detailed business plan that articulates the innovative thinking, growth potential and market needs of the business. In addition, the business plan needs to demonstrate how the business will contribute to the Singapore economy, especially in terms of innovation and employment impact.

2. Provision of adequate financial support

The Singapore Government has also increased the requirements for financial support for entrepreneurs, especially in the high-tech and innovative business sectors. Entrepreneurs are required to prepare sufficient start-up capital, which is generally required to be a minimum of S$500,000, and to be able to demonstrate that these funds will be utilized for the research and development and operations of the business.

3. Finding suitable local partners

While start-ups can be composed entirely of foreign entrepreneurs, collaboration with local partners or advisers tends to facilitate applications and business operations more smoothly. The Singapore Government has greatly facilitated the support and resources available to local partners.

4. Strict adherence to Singapore's business regulations

Singapore's business environment has a high level of legal and compliance requirements. Entrepreneurs should ensure that they are familiar with and comply with Singapore's relevant regulations, including tax policies, labor laws, and business registration, before applying.

IV. Summary

The new policy of Singapore Startup Visa 2025 offers new opportunities for foreign entrepreneurs who wish to start up businesses in Singapore in the fields of innovation, technology and green. If you are an entrepreneur with the ability to innovate, the financial backing and the plan to launch a startup project in Singapore, the Singapore Startup Visa will open up a wide world of opportunities for you. Learn aboutSingapore Immigration Policyrequirements, and being well prepared will greatly enhance your chances of success in your application and make your entrepreneurial journey in Singapore smoother.