Australia has launched a startup incubator in Singapore, offering entrepreneurs the chance of a 90-day residency at a prestigious government-supported facility in one of the world’s leading business hubs. The project is the fifth of its kind to be initiated by Australia, with Landing Pads in Shanghai, San Francisco, Tel Aviv and Berlin already offering a base for Australian small businesses to expand overseas. The SGInnovate accelerator, where the hub is based, has increased rates of funding success from 10% to up to 87% among its startups

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