Features
The Singapore FinTech Festival (SFF) 2024 showcased the financial sector’s rapid evolution, emphasising the transformative potential of Artificial Intelligence (AI) and Quantum Computing. These technologies promise unprecedented efficiencies and insights, but their success hinges on one critical element: precise and responsible transaction data management.
In a striking paradox, small-and medium-sized enterprises (SMEs) make up an impressive 90% of all companies and contribute nearly two-thirds of global employment and GDP according the World Economic Forum. Yet, 67% of them struggle with resource constraints, short-term pressures, and limited expertise, making it hard to adopt the technology they need.
Minc is the startup house of Malmö, right in the heart of the city. Established in 2002 by the City of Malmö, Minc has provided a platform for hundreds of entrepreneurs, specifically tech founders, aiming to make a positive impact on the world. Being a not-for-profit organisation, Minc exists for the good of the community, with the founders at the centre of its mission.
Let me take you back to 2017 – I stood as a young mother, with a dream to build a business that would change the future for my family. I didn’t have a marketing budget for my new cleaning business, so instead I planned to use social media to build a brand, attract more followers, and make some vital sales.
After two years of excitement and experimentation, 2025 will be the year companies get serious about proving AI’s ROI. The days of flashy demos and vague promises are over. Instead, businesses will need to see hard evidence that AI delivers real results, whether that’s faster processes, cost savings, or something else tangible.
Startups, by nature, begin with a laser focus on achieving rapid growth through innovation. Many of the early stages of a startup’s journey are characterised by the relentless pursuit of identifying product-market fit, followed by scaling up efficiently to capitalise on their market opportunity, thereby achieving go-to-market fit.
With hybrid working the norm for businesses these days, connectivity has become a critical driver of productivity and business success. And top leaders know it. In fact, a recent study found that 95% of CEOs are willing to invest in new technologies to enhance hybrid work capabilities. They understand that in this new era, your ability to keep teams connected and collaborating can make or break your productivity, and your competitiveness.
As startups begin to grow, and projects develop, we find that it can be easy for founders and employees to ensure that every task undertaken by the business aligns with future goals. As part of our Innovation Toolbox, which is a wide range of resources developed for startups, we developed the Strategy Ladder as a way to make sure your mission and vision run through every piece of work you do.











