Do you have an innovative idea that involves the use of Government assets? Get a head start with the First Mover Advantage.

For who?

• First Mover Advantage is open to everyone including Singapore Citizens, Permanent Residents, foreigners, Small and Medium Enterprises (SMEs), multi-nationals and foreign businesses.

For what?

• To recognise and encourage the development of innovative business ideas that maximise the use of public assets (e.g. state land, buildings and public parks). 
  
  
• An “innovative business idea” is an idea that:
  
  
  • has not been previously suggested before, or
  • has been suggested before, but not actively considered by a public agency in the last 12 months
    
    
• Examples of innovative business ideas that have been given the First Mover Advantage include:
  
  
  • end-to-end concierge and hospitality services
  • a centre devoted to building sandcastles at East Coast Park
  • an environmental hub at Pulau Ubin
    

How does it work?

• You submit your innovative business idea for consideration by public agencies and the Pro-Enterprise Panel (PEP).
  
  
• If your idea qualifies and a public agency agrees to implement the idea, you will get one or both of the following advantages:
  
  
  • Allocation advantage – the public asset is allocated to you on favourable terms. E.g. You do not have to tender against others to use the asset for a fixed trial period.
    
    
  • Price advantage – you get to use the public assets at below market rates. E.g. A discount on the rental fee for state land.

Things to note

• The advantage you enjoy (allocation and/or price) depends on your business idea and the public asset involved.

For more info

First Mover Advantage
Ministry of Trade and Industry (MTI)