The world of venture capital and angel investing is booming, but many investors are still struggling to find a steady income.
The problem, as we’ve seen in the past, is that it takes years for someone to build a portfolio of assets that can make them a multi-millionaire.
And even when someone does, it takes time.
To understand how to make that happen, we reached out to the Singapore Business Forum (SBIF) and Toronto Business Forum for help.
The forums are part of the Singapore Association of Entrepreneurs, an industry group that provides advice to investors, but they are also used to raise capital for startups.
They are also an invaluable resource for any startup looking to raise funds, says Chris Johnson, a founding member of the group.
The SBIF provides financial support for new startups, and its members, he says, help companies raise money from outside investors.
“We have been a major supporter of the SBIFs Venture Capital Fund since its inception,” says Johnson.
“In recent years, we have received an increasing number of requests from companies that are seeking to raise seed capital through the SBOF, including the acquisition of a venture capital fund in Canada.
The opportunity to do this in Canada is so attractive because of the regulatory environment and the fact that Canada has been very successful in this space.”
Singapore’s financial institutions are really supportive of the industry and the SBAF and we see an increasing amount of activity from them.
“So we are very excited to be able to support and encourage this type of activity,” he adds.
The SBIFF is a networking and investment forum where entrepreneurs can meet with their peers to discuss business, technology and technology startups.
This year’s edition was held in Singapore on July 1st.
SBIFM’s website says that the forum has over 4,500 members from different industries and different countries.
“As the technology industry continues to evolve, so do the issues facing startups,” says Richard Wong, founder of the Singapore Venture Capital Forum, the group that hosts the forum.
“We are working hard to ensure that we continue to provide our members with an accessible and welcoming forum to discuss this exciting area of the economy.”
For more on the world’s fastest growing startup ecosystem, watch the video above.