Singapore's Insignia Ventures backs rural Japan for Davos-inspired academy

What happened: Insignia Ventures Partners, a Singapore-based venture capital firm, will set up an academy to train aspiring entrepreneurs in Iwate prefecture in northern Japan, targeting an opening as early as fiscal 2027. Key numbers: Opening targeted as early as fiscal 2027. Why it matters: Founding Managing Partner Yinglan Tan signed a memorandum of understanding with Iwate Governor Takuya Tasso, and the firm described Iwate as a "hidden gem" for the academy's site.

Insignia Ventures Partners, a Singapore-based venture capital firm, will set up an academy to train aspiring entrepreneurs in Iwate prefecture in northern Japan, targeting an opening as early as fiscal 2027.

Founding Managing Partner Yinglan Tan signed a memorandum of understanding with Iwate Governor Takuya Tasso, and the firm described Iwate as a "hidden gem" for the academy's site.