Expara incubation services
Start-ups looking for a home at Block 71, the center of incubation, acceleration, venture capital and start-up activity in Singapore, can contact us about incubation space in our office. We were the first incubator to take up residence in Block 71 and we have hosted a wide range of start-ups, local and international including startups from Finland, Norway and the Czech Republic.
In additon to a co-working space with high-speed Internet, printer/fax, conference room with VTC, pantry, and full facilities, we also provide funding, mentorship, business plan development, financial modeling, regional business development and follow-on fund raising support, as well as administrative and logistical support. Incubation is key to our strategy of identifying high-potential companies in the infancy stages and then taking them through multiple funding rounds to exit.
3rd Generation incubation
The success of the our incubation hinges on the execution of the 3rd Generation incubation model, which includes housing our companies, providing mentoring and business development support, technology incubation, go-to-market support and in-house equity funding. At Expara, incubation is key to our strategy of identifying high-potential companies early in their life cycle and then taking them through multiple funding rounds to exit either through in-house investment or fundraising assistance. Incubation also provides additional risk mitigation, as the success rates of incubated start-ups is significantly higher than for those which did not benefit from formal business incubators, with 5-year success rates in the US running as high as 87%.
The entrepreneurs will be able to enjoy an established business incubation facility from a reputable institution with guidance from an experienced team. This will allow the entrepreneurs to work effectively on their business models and approach to allow for greater success.
Entrepreneurs will have access to regional networks that will expose their start-ups to the international stage. The combined regional network and associations will be unmatched by any other players in this space and will provide significant benefit for partners and entrepreneurs. alike.