5 Entrepreneur Communities And Support Groups In Singapore

Starting or running a business can be challenging, especially if navigating it alone. However, being part of a community or support group of like-minded entrepreneurs will benefit you. After all, these groups provide valuable insights and networking opportunities. All this support can help you avoid common pitfalls and keep your business moving forward. So, whether you’re a current or aspiring entrepreneur, consider these Singaporean groups to reap the mentioned benefits!

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1. Action Community for Entrepreneurship (ACE)

The Action Community for Entrepreneurship, or ACE, is one of Singapore’s leading groups for entrepreneurs. ACE supports businesses at every stage, from those in the idea phase to fully operational companies.

ACE allows you to connect with experienced business owners and experts through networking events, workshops, and mentoring programmes. By joining ACE, you’ll gain insights from others’ experiences and stay updated on key trends that may affect your business. This community is great if you’re looking for a supportive network focused on creating a vibrant startup ecosystem.

2. Startup Grind Singapore

Startup Grind is a global community, and its Singapore chapter is perfect for entrepreneurs looking to build connections beyond local borders. This group regularly hosts events with notable speakers, from successful entrepreneurs to venture capitalists.

By joining Startup Grind Singapore, you’ll get access to a wealth of practical knowledge to secure funding, scale your business, or refine your product. Startup Grind’s events are relaxed and encourage open discussions, so you can ask questions, share your ideas, and get feedback directly. It’s an excellent community if you value a collaborative environment to learn from others’ journeys and expand your network.

How to Apply for Funding Societies Start-up Financing?

Are you interested in reaping the benefits of financing above? Luckily, many institutions have made startup funding in Singapore easier — and Funding Societies Start-up Financing stands out with its fuss-free application process. Additionally, all Singapore business entities, whether at their early-stage or established*, are qualified to submit funding applications for project or operational commencement (*subjected to the terms & conditions). With Funding Societies, you can get S$10,000 worth of extra working capital and 5 months of repayment tenor, all with zero interest and fees! Plus, you only need less than 10 minutes to apply digitally. Here’s how:

Register or log into your Elevate account here;
Click on the “Yes, apply for financing” button when prompted on the home screen;
Input your financing requirements and click on “View financing options”;
Click “Apply,” then prepare the necessary documents, such as a Credit Bureau Singapore (CBS) report in the last 30 days;
When prompted, click on “Retrieve MyInfo Business with Singpass” and agree to the terms;
Verify your business details and the listed Business Interest Parties;
Upload your CBS report and ensure it has a JPEG or PDF format;
Click Submit, and wait for the Funding Societies team to process your application within three working days.

You can also download a copy of the guide for Funding Societies Start-up Financing here.

Financing for Singapore startups will significantly benefit startups in all business areas, from operations to marketing and product offerings There are many accessible options in Singapore, such as Funding Societies Start-Up Financing. This financing solution provides quick access to the working capital that startups need for growth. Click here to learn more about the benefits, and don’t be afraid to take the first step now!

3. The Launchpad Group

The Launchpad Group is a membership-based community aimed at helping entrepreneurs build and grow their businesses. With a monthly paid membership starting from 50 SGD, you can access a wide range of resources: expert-led workshops, networking events, and a supportive peer network.

Therefore, if you’re looking for tailored support and have the budget for a paid membership, this group could be a worthwhile investment. After all, it offers connections with local and international business owners who are ready to share their experiences.

4. Entrepreneurs’ Organisation (EO) Singapore

Entrepreneurs’ Organisation (EO) Singapore is part of a global network specifically for seasoned business owners. It requires its potential members to have earned at least USD 1 million in annual revenue. For venture-backed companies, applicants must have a minimum of 10 employees and have raised at least USD 2 million in private funds or USD 5 million in public funds.

EO organises various events, from workshops to retreats, designed to inspire you and push your business forward. Therefore, it’s an ideal choice if you’re seeking a community of experienced entrepreneurs who can offer insights on scaling and sustaining a business.

5. CRIB Society

Are you a woman seeking a supportive environment to connect with fellow female business owners? In that case, the CRIB Society is perfect for you! It is a community tailored for female entrepreneurs aiming to launch their businesses.

With a paid annual Platinum membership that costs SGD 400, you can access events, mentorship programmes, and networking sessions featuring famous brand owners. Furthermore, it offers a business matching service to help you find your upcoming venture’s best employees, investors, and co-founders.

Choosing the most suitable entrepreneur support group can seem overwhelming, especially with many excellent options. However, you can start by considering your business goals and current needs. Do you need a general support network or specialised resources, like funding advice or leadership training?

Next, consider whether you prefer free communities or are ready to invest in a paid membership. Also, note that some groups cater specifically to certain types of entrepreneurs, like established business owners or female entrepreneurs. So, ensure you fulfil the membership requirements.

The earlier you start networking, the more you can learn from others and build potentially invaluable connections. So, don’t be afraid to take that first step and explore a group that aligns with your aspirations!

Disclaimer: The information provided to you in this blog post is intended only for general information purposes only and does not constitute legal or other professional advice on any subject matter. The materials and the information provided are not intended to be and do not constitute an advertisement or solicitation. In no event will Funding Societies be liable to any party for any direct, indirect, incidental, special, consequential or punitive damages for use of such information by you or any unauthorised third party.