Joint Media Release: Workgroup convened to enhance Singapore's ecosystem for Growth Capital

The Prime Minister and Minister for Finance announced at his 2026 Budget Statement the establishment of a workgroup to develop strategies to strengthen Singapore as a leading centre for growth capital. The Growth Capital Workgroup will be chaired by Mr Chee Hong Tat, Minister for National Development and Deputy Chairman of the Monetary Authority of Singapore (MAS), and will recommend measures to support the financing needs of companies from Singapore and the region across the various growth stages. It will comprise key private sector stakeholders and public sector representatives, with support from MAS and the Ministry of Trade and Industry.

Download the full joint media statement [PDF, 208 KB].

13 FEBRUARY 2026