Action Community for Entrepreneurship (ACE)
The Action Community for Entrepreneurship (ACE) was launched in 2003 as a national effort to foster Singapore into a creative and entrepreneurial nation where innovation and enterprise can be translated into wealth creation and where diversity of ideas thrives. Entrepreneurship is a key pillar in strengthening Singapore’s competitiveness while creating a more robust and resilient economy.
With its relaunch as a private-led entity in September 2014, ACE Ltd takes on three main thrusts to focus on strengthening the entrepreneurial scene by, (i) working with the community to engage and support promising entrepreneurs through resources, networks and mentorship, (ii) advocating on behalf of entrepreneurs for relevant policy changes, and (iii) engaging schools and inspiring youths towards entrepreneurship as an alternative path to success.
ACE Ltd is guided by a board of directors with significant participation from the private sector, while being supported by SPRING Singapore and Minister of State, Dr Koh Poh Koon as Patron. The board of directors comprise of both experienced entrepreneurs and private sector professionals who are well immersed in the entrepreneurial ecosystem.