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Navigating Regulatory Landscape & Operating Space Challenges in Singapore

Navigating Regulatory Landscape & Operating Space Challenges in Singapore

There are many elements to put together when starting or managing a business. Beyond a business idea, you need funds, an office space and regulatory knowledge to kickstart your venture. Sometimes, starting a new business can be challenging because you cannot afford your ideal space to trial a prototype; or you are not sure if you might violate any regulation or require certain licenses to back the safety or feasibility of your product or service. Which public agency or division should you contact to address your queries? Sounds familiar? A collaboration between APACMed, MTI and Zenyum, this webinar illustrated how the Singapore Government supports new MedTech businesses in their space and regulatory needs and challenges.

The Pro-Enterprise Panel (PEP) comprises senior public officers and industry leaders who are passionate about enabling businesses in Singapore. Whether you are a start-up, budding business or a medium enterprise looking for advice, the Pro-Enterprise Panel stands ready to assist you in overcoming your regulatory hurdles and conundrum! Find out more about PEP’s First Mover Framework, New Idea Scheme and PEP Clinics as well as some well-established businesses that they have supported.

About Pro-Enterprise Panel (PEP)
The Pro-Enterprise Panel (PEP) is a private-public panel chaired by the Head, Civil Service. The PEP comprises business leaders as members, supported by a network of senior public officers. The PEP serves as an internal advocate for businesses within the government with the aim of creating a more pro-enterprise environment that enables businesses to grow. The PEP works closely with public agencies to provide timely, effective and practical solutions to address the regulatory concerns that businesses face. Over 2,000 suggestions have been received, with more than 1,100 already influencing changes in rules or regulations. The PEP also encourages entrepreneurs to be more innovative with the First Mover Framework which provides entrepreneurs with innovative business ideas a head start in the allocation of public assets to test their ideas. Businesses may also wish to utilise the New Idea Scheme to trial their new ideas via a regulatory sandbox mechanism.

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