Norway can learn from Singapore’s approach to attracting smart capital, according to a keynote speech by the managing partner of Cocoon Capital in Singapore, William Klippgen. Klippgen will speak at a lunch event with the Norwegian Parliament at the Seaman’s Mission in Singapore on February 2nd.
According to Klippgen, Singapore and Norway have vastly different approaches to using foreign labor. While Norway is trying to limit immigration, Singapore is actively trying to attract people with resources that will strengthen the economy. Klippgen argues that Norway can learn from Singapore’s support of small and medium-sized businesses.
In his speech, Klippgen will highlight the schemes that Singapore has created to attract capital, such as cash reimbursements for investments in new technology and tax exemptions for the first SGD 100,000 in turnover for new companies.
Cocoon Capital and William Klippgen will be among several NBAS members presenting at the event. Jotron, Touchcall recording, Investigate, Kongsberg, Dualog, DNV, Storm Geo, Wilhelmsen, and Antler, will also present activities relevant to the parliamentary committee’s work area.
The audience will be briefed on the work of the Parliament and the committee, and there will be plenty of opportunities to network and explore new business opportunities. We will serve tacos, and the event is open to everyone. However, seating is limited and will be on a first-come, first-serve basis.
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