The Singapore Exchange (SGX) is gearing up its efforts to support smaller firms and entrepreneurs here by establishing a partnership with venture capital Clearbridge Accelerator (CBA) to develop what they say is a one-of-its-kind equity crowdfunding platform in Asia.

The platform will allow entrepreneurs and small and medium enterprises (SMEs) to raise funds, while giving investors the opportunity to participate in the growth of these companies, SGX and CBA said yesterday.