DBS launches programme to help SMEs expand in Southeast Asia

On June 3rd DBS Bank has launched a new initiative, the Bridging Business Horizons Programme, to assist small and medium-sized enterprises (SMEs) and mid-sized corporations in their regional expansion plans across Southeast Asia. This program offers valuable resources and connections, making Singapore an even more attractive location for foreign entrepreneurs to launch their SMEs.

The Bridging Business Horizons Programme functions as a one-stop solution for SMEs starting their international expansion journey. The program offers:

• Market Exploration: Gain insights into various internationalization pathways and uncover promising business opportunities in Southeast Asia.
• Target Market Expertise: Develop a comprehensive understanding of your target market’s business environment and regulatory framework.
• Local Connections: Build strong relationships with DBS’s network of in-market experts and partners, gaining valuable local knowledge.
• Financial Support: Access tailored financing solutions from DBS to fuel your business growth.
• Networking Opportunities: Participate in exclusive networking events, workshops and information sessions to connect with industry leaders and potential partners.

Benefits for Foreign Entrepreneurs

The Bridging Business Horizons Programme specifically addresses the needs of foreign entrepreneurs seeking to establish an SME in Singapore. Here’s what foreign business owners can expect:

• Simplified Market Entry: The program streamlines the process of entering new markets in Southeast Asia, saving valuable time and resources.
• Reduced Risks: DBS’s expert guidance and local connections help minimize the risks associated with expanding into unfamiliar territories.
• Growth Potential: Gain the tools and connections needed to achieve sustainable growth and scale your business across Southeast Asia.
• Government Support: Benefit from Singapore’s pro-business government framework designed to empower businesses to flourish.

Launching Your Regional Success Story

The new programme empowers foreign entrepreneurs to turn their vision of an SME in Singapore into a thriving regional enterprise. With its comprehensive support system and commitment to your success, DBS can be your trusted partner on your exciting journey of regional expansion in Southeast Asia.

For more information on the DBS Bridging Business Horizons Programme and how to apply, visit the DBS Bank website.