Six high-potential Healthcare startups from Singapore have already embarked on their journey to expand their operations in Germany through Scaler8. With Germany being the biggest healthcare market in Europe and 3rd biggest worldwide, it’s clear why these startups decided to expand to the German market. In 2018, healthcare expenditure contributed to an estimated 11% of…
Introduction and motivation: I am a serial entrepreneur with an extensive background in building technology products, businesses and IP. Additionally, I have been actively mentoring and working with new entrepreneurs mainly from Singapore, Pakistan and Canada to help them in building their businesses. Naturally, I wanted to expand my network and work with European budding…
Four high-potential Industry 4.0 startups from Singapore have already started their journey to expand their operations in Germany through Scaler8. These startups chose to expand to the German market because of Germany’s strong industrial networks that offer a wealth of opportunities for collaboration and partnerships. With a long-standing manufacturing tradition, a highly skilled workforce, and…
Four high-potential startups from South Korea’s Ulsan Technopark have started their journey to expand their operations in Singapore through Scaler8. Ulsan Technopark is a government-backed project that supports the growth of innovative South Korean startups, from incubation to networking. To help these startups in their globalization journey, Scaler8 has created a customized expansion program that…
Germany is set to continue its recovery to pre-pandemic levels in 2022 despite the year starting off with a wave of coronavirus infections causing the government to revise its growth projections for the year from 4.1% to 3.6%. The new government has pledged to direct more funding to boost the local startup ecosystem. Speaking at the SuperVenture…
Expanding into new markets is an exhilarating endeavour for startups, but it is one that must be tempered with a great deal of caution and preparation at the risk of wasting time, energy and resources better spent elsewhere. It provides a plethora of benefits, from increasing brand awareness, to gaining access to skilled talents, increasing…
According to a report published by McKinsey in 2020, 75 percent of startups surveyed consider collaboration with corporates very important. However, only 27 percent were satisfied with their relationships. The report also revealed that many top executives in the DACH region consider partnerships to be important, but they too admit that cultivating a successful partnership can…
Open innovation was first coined in 2005 by Berkeley professor Henry Chesbrough, in which he theorised an innovation process driven by the exchange of knowledge between companies, individuals and public agencies. The idea was that organisations could leverage external input combined with internal research activities to facilitate innovation and drive the development of new products to market. In essence,…
In today’s global business landscape, a company’s success is often measured by its reach, access, and ability to innovate. Reach is important for getting a product right in front of customers, while access to resources and market channels governs the ability of a company to develop its product from concept to maturity to market. The same goes for…
Germany: The Ideal Startup Launchpad For decades, Germany has been dominating the globe with high-quality manufacturing goods and cutting-edge innovation. Germany has become one of the fastest-growing technology markets in the world. Its tech sector is forecasted to grow up to 280 billion euros—a climb of more than 20%—by 2022. The German government has transformed and…
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