Home News Featured News Govt launches new employment pass to attract top foreign talent

Govt launches new employment pass to attract top foreign talent

Tech.Pass is aimed at attracting founders, leaders and technical experts with experience in established or fast-growing tech companies

Author

Date

Category

- Advertisement -

The Economic Development Board (EDB) yesterday (12 Nov) announced plans to launch a new targeted employment pass called Tech.Pass to attract founders, leaders and technical experts with experience in established or fast-growing tech companies, so as to contribute to the development of Singapore’s tech ecosystem.

The new Tech.Pass scheme differs from the current employment pass system in that applicants will not need to be sponsored by a particular company. Tech.Pass will allow pass holders flexibility in the activities such as starting and operating a business, being an investor, employee, consultant or director in one or more Singapore-based companies, mentoring start-ups and lecturing at local universities.

The scheme will be open for application in January 2021, with 500 places available upon launch. The pass will be valid for two years in the first instance, with a one-time renewal for a subsequent two years. The consideration for renewal at the end of two years will depend on meeting the renewal criteria.

Tech.Pass is an extension of the Tech@SG programme that was launched in 2019. The Tech@SG programme anchors and supports the expansion of high potential companies in Singapore. Both programmes facilitate fast growing tech companies and established tech talent to enter and anchor themselves in Singapore, bringing their networks and experience with them to benefit the local tech ecosystem.

- Advertisement -

The EDB, a statutory board under the Ministry of Trade and Industry, said that this is part of Singapore’s multi-pronged approach to develop a strong base of technology companies and talent to ensure Singapore remains globally competitive. It added that this will also
“create more opportunities for local tech talent to work in globally competitive teams alongside top tech talent from all over the world.”

Please follow and like us:
Tweet
Share
No tags for this post.
- Advertisement -

Sexual harassment claim: NUS student says he did not receive proper help

Singapore -- A National University of Singapore (NUS) student, formerly from Tembusu College, has written a lengthy social media post not only about how he was sexually harassed by a former student tutor but also about how, when he tried to...

Biden will be nicer to China than Trump

Joseph Biden, the presumptive next US President, will be friendlier to China than US President Donald , judging by Biden’s statements and cabinet selections. Biden’s more harmonious posture towards China will please leaders of various Asian countries including Singapore Prime Minister...

K Shanmugam: In Singapore, the right to speak freely goes with the duty to act responsibly

Singapore—Speaking at the 16th Religious Rehabilitation Group Seminar at Khadijah Mosque on Monday (Nov 24), K Shanmugam, the Minister for Law and Home Affairs, said that the threat of terrorism has not gone away though its “shape and nature” have changed. Citing...
Please follow and like us:
Tweet
Share
No tags for this post.
Follow Me
Tweet