PART3 is accessible to DBS Venture Debt Financing startups backed by DBS partner venture capitalists. Today, startups in Singapore primarily rely on ven- ture capital to fund their operations. By offering a dedicated venture debt solution to tech start-ups which are at the growth stage of their business life cycles, DBS is making available an alternative source of capital for these firms to tap into, with little or no dilution of their equity. Tech start-ups can use DBS venture debt for working capital, fixed assets acquisition and even project financing. DBS BusinessClass a mobile app launched for SM Es in late 2014. Through DBS BusinessClass, entrepreneurs can consult and connect with indus- try experts, investors and fellow entrepreneurs. DBS BusinessClass members can also access news and articles on topics pertinent to starting and run- ning their businesses and attend exclusive network- ing events. Source: DBS BusinessClass 2. VIA PARTNERSHIP Mico Loan DBS has a partnership with SPRING Singapore (governmental agency) to provide an easier access to funding for local SM Es. DBS is one of the local sponsors of Startu boot- in Singapore, a leading European camp Fintech accelerator focused on financial innovation, which has graduated its first batch of 10 startups in Singa- pore on July 2015. 30 dedicated DBS staff provid- ed mentorship to the startups throughout the pro- gram. INSEAD #500CORPORATIONS 45