Team Finland -network in Singapore

Handbook for Starting a Business in Singapore

Short Handbook by Embassy of Finland and its partners for Starting a Business in Singapore(Link to another website.).

COVID-19 CRISIS

You can find valuable information related to business during the current crisis from the following lists we have created with other Nordics in Singapore:

We also compiled a listing of more than 100 Nordic companies providing solutions to tackle the current crisis. The first listing includes the companies providing digital apps and web based services for health, communications, training and many other needs:

Team Finland in Singapore

The Team Finland network promotes Finland and its interests abroad: the internationalisation of Finnish enterprises, investments in Finland, and the country brand. The Team Finland operating model brings together the key actors and services in these fields. The core of the network consists of the publicly funded organisations operating in these fields, such as the ministries, Finland’s network of diplomatic missions, Business Finland, national culture and science institutes, Finnvera, Finnfund, and the regional internationalisation services, built upon the ELY Centres.

The Team Finland network will help your enterprise become more international, grow, and succeed in the global market. For more information on services to companies seeking internationalisation, see: team-finland.fi/en/(Link to another website.) (Opens New Window).

Jointly established by Finnish Ministry of Education and Culture and Finnish Ministry of Foreign Affairs, Team Finland Knowledge (TFK) network works to reinforce Finland’s reputation as a leading country in education, science and innovation. The aim is a more open, international and attractive Finland. Singapore with Southeast Asia is one of locations of the network. Team Finland Knowledge counsellors promote Finnish educational and research cooperation, networking and access to new knowledge. TFK network works to increase international mobility of students, researchers and talents and to support the exports of Finnish knowledge, expertise and educational innovation. 

Finnish Business Council Singapore(Link to another website.) is a community of companies and individuals interested in fostering business between Singapore and Finland. The business council is part of the Team Finland network in Singapore.

Nordic Innovation House Singapore (Link to another website.)is a joint operation by Nordic countries. It connects Finnish and other Nordic startups and growth stage companies to Singapore and through Singapore to the SE Asia region. Embassy of Finland is part of the team that produces the joint services of the House.

Contact persons for Team Finland in Singapore

Chair

Ambassador Antti Vänskä
Embassy of Finland, Singapore

Coordinator

Mr Riku Mäkelä
Counsellor, Innovation and Trade Affairs
Embassy of Finland, Singapore
riku.makela(at)formin.fi
Mobile +65 9815 7094

Team Finland Knowledge Network

Ms Taiju Marttila
Intern 
Embassy of Finland, Singapore
taiju.marttila(at)formin.fi

Finnish Business Council Singapore

Ms Minna Hyväri, General Manager
fbcsg(at)fbcsg.org

Objectives of the Team Finland network in Singapore

Finnish companies are interested in the Singaporean and Asian markets as Singapore is a good gateway to whole Asia and especially to Southeast Asia.

Team Finland will concentrate on promoting business especially within health and wellness, solutions for smart cities and circular economy.

Team Finland network offers Finnish companies a working infrastructure in Singapore and Southeast Asia. The network helps emerging Finnish companies to access the market, plays a role in helping Finnish companies attract Singaporean investment and builds up the country brand through means of communication.

In Singapore, Team Finland consists of the Finnish Embassy and Finnish Business Council Singapore. Nordic Innovation House Singapore(Link to another website.) (Opens New Window) is a key partner for serving Finnish growth companies entering Singapore or expanding from Singapore to Southeast Asia.

Team Finland's services related to business opportunities between Finland and Singapore

The following are Singapore specific services active at the moment. You can find all services of Team Finland from here(Link to another website.). Notice that you can find contact information to key stakeholders and listing of Finnish companies active in Singapore from the end of this page.

Forthcoming Events

9.6.2021 16:00 - 17:00 (SIN) Singapore opportunities in digital health

Webinar with Nordic Innovation House Singapore and IHiS to learn about Singapore's healthcare digitalization roadmap and Nordic market entry program. More info at https://www.nordicinnovationhouse.com/singapore/singapore-events/singapore-digital-healthcare-in-the-new-normal(Link to another website.)

10.6.2021 16:00 - 17:00 (SIN) Singapore and Asia opportunities in ageing

Webinar with Nordic Innovation House Singapore and Ageing Asia to learn about Singapore's healthcare digitalization roadmap and Nordic market entry program. More info at https://www.nordicinnovationhouse.com/singapore/singapore-events/ageing-care-in-singapore-southeast-asia(Link to another website.)

6.-17.9.2021 Nordic Health Solutions Market Entry Program to Singapore and SE Asia

Nordic joint program for max 20 Nordic companies interested in accessing or growing in Singapore and SE Asia. Deadline to apply 18.6.2021. More info at https://www.nordicinnovationhouse.com/singapore/singapore-initiatives/nordic-health(Link to another website.) 

15.-26.11.2021 Nordic Smart and Sustainable Properties Market Entry Program to Singapore and SE Asia

Nordic joint program for max 20 Nordic companies interested in accessing or growing in Singapore and SE Asia. Deadline to apply 31.8.2021. More info at https://www.nordicinnovationhouse.com/singapore/singapore-events/ageing-care-in-singapore-southeast-asia(Link to another website.)

Past events 2020

Team Finland Singapore will coordinate Finnish joint efforts during and around events in Singapore and in Finland. If you are interested in participating or collaborating, please contact the local Team Finland coordinator in Singapore [email protected] The following events are currently in the pipeline:

    3.3. 16:00 - 17:00 (SIN)  Southeast Asia waste related opportunities with UNDP and EDBV

    • Embassy, as part of the Nordic Innovation House Singapore team, co-produces an overview webinar with UNDP Global Center Singapore and ADB Ventures as a warm-up for Nordic waste solutions market entry program towards Singapore. Watch recording here(Link to another website.) 

    8.3. 16:00 - 17:00 (SIN) Waste water related opportunities with Sembcorp

    15.4. 14:00 - 15:30 (SIN) Emerging Technology forum on Plastic Recycling

    19.-30.4. Nordic Water-Waste-Food Virtual Market Entry Programme to Singapore 2021

    Past events 2020

    22.4. SIN: Webinar on Nordic digital solutions by UNDP, Nordic Innovation House Singapore (and Team Finland) 

    11.6. SIN: Opportunities in Punggol Digital District webinar to showcase what tech large players are looking for the developments in the smartest city district

    26.8. SIN: Smart City opportunities in Southeast Asia -- Webinar towards the Nordics with Asian Development Bank and UNDP

    14.-25.9. SIN: Nordic Health market entry program weeks virtually in Singapore with Nordic Innovation House

    22.-24.9. SIN: Foodtech webinar series on Singapore Food Story and opportunities for business and innovation

    Sept - Oct SIN: Indoor Air Quality business webinars/meetings by Helsinki Business Hub

    • Check event site(Link to another website.) for more information on the following events:
    • 11.9. IPI’s Emerging Technology Forum on Indoor Air Quality
    • 18.9. Finnish built environment and IAQ solutions
    • 9.-30.9. in Finland: WDBE 2020 (World Digital Built Environment) – Redefining sustainability for urban environment
    • 8.-9.10. matchmaking events

    25.-26.9. SIN/global: Talent Boost activities and events by Finnish actors

    • 14.10. Kick-off
    • 27.-29.10. Circular economy
    • Oct. Imaging technologies
    • 3.11. 5G and 6G technologies
    • 11.11. AI and data science
    • 17.11. Design thinking
    • Jan 2021. Women in Tech and Science

    28.9.-3.10. SIN: EU Business Avenues in ICT to Singapore (ConnectTech Asia) and Thailand

    7.10. SIN: Foodtech opportunities in Singapore webinar

    12.-23.10 SIN: Nordic Smart Cities market entry program weeks in Singapore with Nordic Innovation House

    29.10. SIN: Nordic Green event at Singapore International Energy Week SIEW

    2.-5.11. SIN: EU Business Avenues on construction and building tech to Singapore and Philippines (Philconstruct 2020)

    Oct - Dec SIN/global: Talent Boost activities and events by Finnish actors

    29.11.-4.12. SIN: EU Business Avenues environment and water delegation to Singapore (Water Week) and Vietnam

    7.-11.12. SIN: SFFxSWITCH week: TechInnovation, Fintech Festival and many other sessions with Finnish delegates

    9.12. Introduction to Nordic Innovation House Singapore services for Finnish companies

    8.-15.12. SIN EU Business Avenues on medical and health tech to Singapore (Medical Fair Asia 2020) and Indonesia

    Business missions to Singapore plus another ASEAN country by EU Business Avenues

    EU funded EU Business Avenues mechanism is a great opportunity to meet potential customers and business partners in Singapore plus one other country in ASEAN region (separate business mission are available also to China, Japan and South Korea). Notice that these missions are for SMEs who already have revenue and are ready for potential business development in Southeast Asia.

    To apply, you first create an account to EU Business Avenues web site and give your basic details. If you are qualified, more details will be asked. Selected 30-50 companies from EU benefit from consulting interviews and coaching before the mission and during the mission from match making and substantial logistical and financial support. Embassy of Finland will do its best to provide additional help for participating Finnish companies. If you have any questions, and when you get selected, contact [email protected] in Embassy of Finland in Singapore.

    The calendar of all missions is available here(Link to another website.).

    EU-Singapore Foreign Trade Agreement

    EU-Singapore Free Trade Agreement EUSFTA entered into force in November 2019. The implementation will take place in stages. For example, nearly all import duties on EU-Singapore trade will be removed, at the latest in 2025. To learn more details and to follow up the implementation of different areas of the agreement into practice, see here(Link to another website.).

    Market Opportunities in Singapore identified by Team Finland

    Check out the reports, market opportunities and sales leads identified from Singapore. The published materials can be found from Team Finland Market Opportunities(Link to another website.).  To know more about them, please contact [email protected] in Singapore. Below you can find the most interesting reports about Singapore:

    Starting a Business in Singapore handbook(Link to another website.)

    Benchmarking Digital Ports(Link to another website.)

    Comparing Asia´s leading Fintech Hubs - Hong Kong vs. Singapore(Link to another website.)

    Singapore and Southeast Asia looking for smart city solutions(Link to another website.)

    Singapore: Opportunities in waste-to-value and circular economy(Link to another website.)

    Maritime industry shifts: Benchmarking digital ships(Link to another website.)

    Free Trade Agreement between EU and Singapore(Link to another website.)

    Singapore kehittää aktiivisesti jo nyt laadukasta koulutusjärjestelmäänsä (in Finnish) 

    Singaporen terveydenhuoltoon panostaminen kasvaa väestön vanhetessa nopeasti(Link to another website.) (in Finnish)

    Singaporen kiinnostus kiertotaloutta kohtaan kasvaa (in Finnish)

    Singaporen matka maailman huippujen joukkoon (in Finnish)

    The following list includes most of the Finnish companies with local office or daughter company in Singapore:

    1. Aalto Executive Education Academy Pte Ltd(Link to another website.) (Opens New Window)

    2. ASSA ABLOY Singapore Pte LTtd / ABLOY SINGAPORE(Link to another website.) (Opens New Window)

    3. BC Platforms(Link to another website.)

    4. Cargotec Corporation(Link to another website.) (Opens New Window)

    5. Clewat Pte Ltd(Link to another website.) 

    6. Codemate Ltd Singapore(Link to another website.) (Opens New Window)

    7. Ductor Pte Ltd(Link to another website.) (Opens New Window)

    8. Exove Design Pte. Ltd.(Link to another website.) (Opens New Window)

    9. FCG Finnish Consulting Group(Link to another website.) (Opens New Window)

    10. Fincare Pte Ltd, Singapore(Link to another website.)

    11. Finnair Plc (Singapore Branch)(Link to another website.) (Opens New Window)

    12. Frontier Nordic PTE Ltd(Link to another website.) (Opens New Window)

    13. Glaston Singapore Pte Ltd(Link to another website.) (Opens New Window)

    14. HappyOrNot(Link to another website.)

    15. Helvar(Link to another website.)

    16. HMD Mobile Singapore Pte Ltd(Link to another website.)

    17. Hovi Care (S) Pte Ltd(Link to another website.) (Opens New Window)

    18. Huhtamaki Singapore Pte Ltd(Link to another website.)

    19. Huone Singapore(Link to another website.) (Opens New Window)

    20. KONE Pte Ltd(Link to another website.) (Opens New Window)

    21. Konecranes PTE Ltd(Link to another website.) (Opens New Window)

    22. Lifelearn Holdings(Link to another website.) (Opens New Window)

    23. M-Brain Group(Link to another website.) (Opens New Window)

    24. Marinetek South East Asia Pte Ltd(Link to another website.) (Opens New Window)

    25. Metsa Board Singapore Pte Ltd(Link to another website.) (Opens New Window)

    26. Metso Asia Pacific Pte Ltd(Link to another website.) (Opens New Window)

    27. MultiTouch Asia Pte Ltd(Link to another website.) (Opens New Window)

    28. Napa(Link to another website.) (Opens New Window)

    29. Neste(Link to another website.) (Opens New Window)

    30. Neste Engineering Solutions Pte Ltd(Link to another website.) (Opens New Window)

    31. Nokia Pte Ltd(Link to another website.) (Opens New Window)

    32. Nordea Bank AB Singapore Branch(Link to another website.) (Opens New Window)

    33. Normet(Link to another website.)

    34. Novarbo(Link to another website.)

    35. Palmu Asia Pte Ltd(Link to another website.) (Opens New Window)

    36. Peikko Singapore Pte. Ltd.(Link to another website.) (Opens New Window)

    37. PlugIt Pte Ltd(Link to another website.) (Opens New Window)

    38. Rapala VMC Singapore Pte. Ltd.(Link to another website.)

    39. Raute(Link to another website.) (Opens New Window)

    40. Relex(Link to another website.)

    41. Superson(Link to another website.)

    42. SurgeryVision(Link to another website.)

    43. Siratec Pte Ltd(Link to another website.) (Opens New Window)

    44. Tridify(Link to another website.)

    45. UpCloud Asia Pte Ltd(Link to another website.)

    46. UPM Asia Pacific Pte Ltd(Link to another website.) (Opens New Window)

    47. Valmet(Link to another website.)

    48. VKS Pte Ltd(Link to another website.) (Opens New Window)

    49. Wartsila Singapore Pte Ltd(Link to another website.) (Opens New Window)

    50. Wipak Singapore Branch Office(Link to another website.) (Opens New Window)

    51. Wipunen Asia Capital Pte Lt(Link to another website.) (Opens New Window)d(Link to another website.)

    You can search for more Finnish companies registered in Singapore from here(Link to another website.).

    More information on Team Finland