In 2024, Singapore’s digital economy accounted for 18.6% of the nation’s gross domestic product. Close to 95% of all small and medium enterprises (SMEs) have digitalized their operations and services in at least one parameter set by the Infocomm Media Development Authority (IMDA). As competition intensifies and labour constraints persist, Singapore is prioritizing technologies that raise enterprise productivity, resilience, and global competitiveness.
One example of Singapore’s digital economy transition is the implementation of artificial intelligence (AI). Under its National AI Strategy (NAIS 2.0), Singapore is shifting from AI experimentation to real-world deployment, with a strong emphasis on trusted, responsible, and industry-specific AI.
More broadly, Singapore is focusing on next-generation enterprise technologies. These efforts aim to make sure enterprises remain competitive, secure, and future-proof in a rapidly evolving global economy.
The Canadian Technology Accelerator (CTA) invites you to join the business development program for the CTA in Singapore at no cost (travel and accommodation not included).
This is an excellent opportunity for aspiring tech founders seeking new partnerships, customer acquisitions and local business insights.