The Economic Development Board of Singapore (EDB) and International Enterprise (IE) is continually looking for promising entrepreneurs that they can bag on in expanding their business in the region. For more than four decades now, EDB is the leading government agency pioneering in creating economic strategies to position Singapore as a center in the global business arena. On the other hand, IE is responsible for promoting the overseas growth of Singapore-based companies and international trade.

The Economic Development Board (EDB) of Singapore and International Enterprise (IE) has rigorous standards in selecting companies to provide funding from $1 to $3 million (sgd) to promising Singapore-based companies that they deem qualified in bringing unprecedented business opportunities within and outside the country. In March of this year, after undergoing one year of stringent evaluations and comprehensive reviews, these two lead government agencies have granted Alenu IT Business Solutions Pte Ltd $3 million (sgd) worth of funds in order to facilitate the company’s growing business within the country and in the Asia-Pacific regions. Having gotten the trust and support from these two leading government agencies, Alenu is ecstatic in pushing its goals and objectives into greater heights. With its integrity, Alenu will continue to providing best services to its current clients and is sure to gain greater confidence from customers in the future. 

Alenu IT Business Solutions Pte Ltd is working hand-in-hand with the Economic Development Board and International Enterprise in fostering the future of Singapore's economy.  

About Economic Development Board (EDB) Singapore

EDB is the lead government agency responsible for planning and executing strategies to enhance Singapore’s position as a global business centre and growth of the Singapore economy. We dream, design and deliver solutions that create value for investors and companies in Singapore.  In so doing, we generate economic opportunities and jobs for the people of Singapore; and help shape Singapore's economic future. 

The following key elements are essential in achieving EDB's mission and vision:

-Attracting Foreign Investments: We are a one-stop agency which facilitates and supports local and foreign investors in both manufacturing and services sectors, as they move up the value chain to achieve higher sustainable returns and seek out new business opportunities.

-Growing Industry Verticals: While Singapore commands global leadership in many areas, we focus on expanding and extending existing industry verticals. Exploring new growth areas will contribute towards creating good jobs and sustaining our competitiveness.

-Enhancing Business Environment: While interacting with investors and promoting investments, we provide feedback to other government agencies to ensure that infrastructure and public services remain efficient and cost-competitive. This ensures that Singapore maintains a premier pro-business environment. 

EDB is the compass in preparing the nation for the future. While we have established a strong position in the global economy, we need to do more in this increasingly competitive global environment. 

About International Enterprise (IE) Singapore

International Enterprise (IE) Singapore is the lead agency under the Ministry of Trade and Industry spearheading the development of Singapore's external economic wing.

Mission and Vision: 

Our mission is to promote the overseas growth of Singapore-based enterprises and international trade. With a global network in over 30 locations and our ‘3C’framework of assistance – Connections, Competency, Capital, we offer services to help enterprises export, develop business capabilities, find overseas partners and enter new markets.  

At the same time, we work to position Singapore as a base for foreign businesses to expand into the region in partnership with Singapore-based companies. Our vision is for Singapore to be a thriving business hub with globally competitive enterprises and leading international traders.