EY Foundry, Ernst & Young’s incubator program for early-stage startups, has announced that it has accepted four startups from the accounting-tech, tax-tech, fintech, legal-tech, and regulatory-tech sectors into its Singapore batch.
These selected startups will be offered a 6-month rent-free residency at the EY wavespace in Singapore. They will also get US$87,708 worth of Microsoft Azure credits.
The participants were shortlisted through an open call for nominations from March to June in 2019, before delivering presentations to a judging panel of EY leaders at the official launch of EY Foundry Singapore on July 25, 2019.
“Singapore is a regional hub of choice for professional services, which is set to grow as an economic contributor. We are excited by how our experience, scale, and resources can help to unleash the potential of emerging technopreneurs in this space,” said Soh Pui Ming, Singapore Head of Tax, Ernst & Young Solutions, who was on the judging panel said.
To read a brief description of the four startups, click here.