A Trek employee demonstrates the Ai Ball wifi video camera in Singapore December 19, 2012. Singapore's decade-long push to become a hotbed for entrepreneurs is stuck at stage one. Venture capital firms are put off by the small size of the market, lack of big ideas that can be a global success and an uncertain exit strategy. Only 50 out of 301 venture capital firms based in Singapore are interested in local investment, according to the Asian Venture Capital Journal Research. Of the 70 high tech start-ups the government has invested in over the past two years, just 10 received follow-on private funding from investors locally and abroad, according to the National Research Foundation, the government arm responsible for research and development. Picture taken December 19, 2012. REUTERS/Thomas White (SINGAPORE - Tags: MEDIA SCIENCE TECHNOLOGY BUSINESS TELECOMS)