Singapore SEALab
Business School at Nanyang Technological University (NTU) offers Finnish companies a market-entry plan for the South-East Asian markets. The plan is done by business professionals who know the local market and are simultaneously completing their MBA degree at NTU.
About program
SEALab program is done in cooperation with the Nanyang Technological University Business School's Strategy Projects.
During the four month work period, a project team of NTU MBA students, taking the study module of Strategy Projects at Nanyang can work on the following areas:
- Market analysis and analysis for market entrance
- Feasibility analysis for business operations
- Product analysis and a development strategy
- Business plan (focus points, networking, marketing, distribution and financing plan etc.)
The scope and other details of the project are decided together with your company before starting the project. Program process is supervised and coordinated by staff from the Nanyang Technological University. The more time and effort your company dedicates to the program, the more concrete Market Access plan you will get.
Funding for participation costs
- For under 5 years old startup companies Tempo
- For over 5 years old SMEs and midcap companies Market Explorer
- Participation costs can be included as part of an ongoing R&D project or Young Innovative Company (NIY) project.
Program requirements
- An innovative product or service with an international competitive advantage
- Sufficient funding and/or positive cash flow for the following 1 to 2 years
- Have paying customers
- Independent company or a subsidiary of a corporation
- Website in English
Company commitment
- € 15,000 program fee
- Prepare to spend in average 1-2 hours per week for the project
- Prepare to host project team's visit to your company in Finland
- Prepare to visit Singapore if both sides agree to do so
Submission of applications in spring or fall
Spring application (NTU Executive MBA)
- May-June: company sends application form to Business Finland
- Mid-June: NTU interviews candidate companies
- Early August: NTU decides final company participants
- End of August: official kick-off of the project
- Coming April-May: project final presentation
Autumn application (NTU Full-time MBA, or Nanyang Fellows MBA)
- September to November: company sends application form to Business Finland
- Early November: NTU interviews candidate companies
- Mid-December: NTU decides final company participants
- End of December: official kick-off of the project
- Coming April-May: project final presentation
Contact Business Finland advisor before applying to the program.
Finnish companies in NTU SEALab program
2022
Merus Power Oyj, Aiwo Digital Oy, Driveco Oy
Contact us
Senior Advisor
Shi Ting Chen
shiting.chen (at) businessfinland.fi
+358 45 263 1612