[PR]CROSSCOOP ANNOUNCES OPENING OF SINGAPORE OFFICE

CROSSCOOP ANNOUNCES OPENING OF SINGAPORE OFFICE
TO SERVE JAPANESE SMALL AND MEDIUM-SIZED ENTERPRISES

― A new development platform providing office facilities, human capital, deals support,
and market intelligence for businesses expanding overseas ―

Japanese incubator and serviced office CROSSCOOP has opened its first office in Singapore as CROSS COOP SINGAPORE PTE.LTD, located at 10F, 80 Robinson Road, Singapore as of 1st July 2011. The office has the capacity to host up to 50 companies and 170 staff, and is the first Japanese serviced office to open its doors in Singapore.

■Singapore serviced office establishment’s background
“While China and other ASEAN countries have maintained high growth during the current economic cycle”, says CROSSCOOP director, Motofumi Shoji, “Japan has long faced pressure from a shrinking labor market and an aging population, among other country risks. These challenges are driving more and more Japanese small and medium-sized enterprises (SMEs) to expand business overseas”.
　Among the entry barriers faced by many Japanese SMEs are a lack of knowledge of local laws, regulations and industry information; difficulties conducting in-depth market research; and challenges in communicating and maintaining good relationships with local partners.

　※View our report ‘Overseas business startup research – interviews of 500 Japanese SME owners’ at
⇒https://crosscoop.com/misc/entrepreneur_report5-1

CROSSCOOP SINGAPORE is supported by a wide range of influential and resourceful partners, including the Singaporean government, government-affiliated investing companies, financial institutions, and recruiting and accounting firms. It is the first Japanese serviced office in Singapore and intended to be a one-stop development platform providing office facilities, human capital, deals support, and market intelligence for its clients while expanding their business to Asian markets. The company plans regular networking events and seminars aimed at supporting the growth of its clients.

Business Partners and Supporting Entities
・International Enterprise Singapore
⇒http://www.iesingapore.gov.sg
・Singapore Economic Development Board
⇒http://www.edb.gov.sg/edb/sg/jp_jp/index.html
・SINGAPORE BUSINESS FEDERATION
⇒http://www.sbf.org.sg/
・INFOCOMM　INVESTMENTS
⇒http://www.infocomminvestments.com
・Japan External Trade Organization（JETRO）
⇒http://www.jetro.go.jp
・Mizuho Corporate Bank, Ltd.（Financial institution）
⇒http://www.mizuhocbk.co.jp/network/asia/singapore.html
・SUMITOMO MITSUI BANKING CORPORATION（Financial institution）
⇒http://www.smbc.co.jp/global/
・KDDI Singapore Pte Ltd（Network Infrastructure, Data center）
⇒http://www.kddi.com.sg
・JAPAN NETWORK CONSULTANTS PTE LTD（Company setup consulting, recruiting firm）
・SCS Global Professionals（S）Pte.ltd.（Company setup consulting、accounting firm）
⇒http://www.scsglobal.co.jp/
・JAC Singapore Pte Ltd（Recruiting firm）
⇒http://jpn.jac-recruitment.sg/

■About CROSSCOOP SINGAPORE

WEBSITE ：	https://crosscoop.com/office/singapore
LOCATION：	80 Robinson Road #10-01A, Singapore
	（4 min walk from Tajong Pagar and Raffles Place MRT）
OFFICE UTILITIES & SERVICES：	32 rooms (2-9 persons each) and shared offices with 18 seats,
	3 meeting rooms, and pantry, office desks, chairs,
	cabinets, and security system, Japanese-English bilingual staff available.
NETWORK UTILITY：	High-speed internet（KDDI）, Telephone (able to call overseas)
BUSINESS SUPPORT：	Business and investment matching (government-associated companies
	and local partner matching)、Marketing support, Accounting support, Visa request support,
	Administrative secretary service(telephone reception and document translation)
MOVE-IN JUDGEMENT：	Based on growth potential in Asia market, distinctiveness of product and service、
	practical accomplishments in home countries.

■Company Information

CROSSCOOP SINGAPORE PTE.LTD
Location：	80 Robinson Road #10-01A , Singapore
Capital：	SGD 450,000
President：	Motofumi Shoji ( Vice President of Mirai Yosou Co.,Ltd)
Shareholder composition：	SOCIALWIRE HOLDINGS PTE.LTD 60%
	NIHON ASSIST SINGAPORE PTE.LTD 40%
Industry：	Incubation office (Serviced Offices, Virtual Offices)

■Contacts
CROSSCOOP SINGAPORE PTE.LTD
Public relations manager：Anh Vu
TEL： +65-6420-6370　　Email：　info@crosscoop.com