“A startup has to prove that an idea can work. A scale-up has to make it work repeatedly, across different markets beyond domestic shores, and at a much greater scale,” Mr Chee said.
This requires capital that can grow with a company, organisational capabilities that can keep pace and the ability to adapt to different markets, he added.
“Our aim is to create an enabling environment where companies can build from Singapore, progress from startup to scale-up, and become regional and global leaders,” he said.
AI MOVES INTO THE REAL WORLD
Granite Asia senior managing partner Jenny Lee sees this year’s cohort as part of a broader evolution of AI.
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