My EYE Global project in Singapore
The Erasmus For Young Entrepreneurs Global program surprised me as the results of this exchange exceeded by far my expectations. It was an excellent opportunity to create alliances and collaborations in Asia, in the research and development sector.
The presence and support of the European offices like Eurochambres and the financial help that the European commission provides for this project were fundamental during the exchange.
Singapore is very developed in the start-up and innovation sector and the collaborations I have been able to establish with local entrepreneurs will lead to important economic results for my business project.
My experience in Singapore has been enriched by meetings with important multinational companies and meetings with local innovation agencies, which offered me new business opportunities.
I have seen that the Asian market is different in many respects and similar in others to Europe.
The most marked differences are those concerning the financial market and human resources. The financial system is very prosperous - as Singapore is a global financial center - and therefore there are many opportunities for companies in terms of financing and investments.
The labour market enjoys the proximity of Asian countries with a demography characterised by a large slice of young people. This is reflected in a very young and enthusiastic work and business environment.
The entrepreneurial culture in Singapore is very similar to the European / Western one and in both countries innovation is a key factor.
Contacts with the European offices and Eurochambres have been continuous and have ensured that the exchange was a pleasant and productive experience.
I expect to see the results of this exchange as early as this year, having built important relationships with local entrepreneurs and public subjects.
Fabio Loche (IT)
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