Startup SG Tech
Tags:
Startup SG Tech suppots Proof-of-Concept (POC) and Proof-of-Value (POV) projects for commercialisation of innovative technologies.
For Proof-of-Concept (POC) projects: Support of up to S$250,000
For Proof-of-Value (POV) projects: Support of up to S$500,000
You are:
- A startup company with core activities carried out in Singapore.
You need to:
- Be registered for less than 5 years at time of grant application;
- Have at least 30% local shareholding;
- Have group annual sales turnover of not more than S$100 million or group employment size of not more than 200 workers.
- Clearly demonstrate how science/technology is applied.
- Be of a breakthrough level of innovation such as a distinctly different or new technology which either
(i) has the potential to disrupt an existing market or
(ii) create a new market/purpose/niche. - Lead to or build on proprietary know-how/IP.
- Be commercially viable.
- The solution is at the conceptualisation stage, and the technical/scientific viability still needs to be proven.
- The application clearly explains the innovative science or technology concept behind the solution.
- Individual applicants from public sector research institutes must demonstrate entrepreneurial commitment to continue their technology commercialisation work upon successful completion of the project.
- Need to show the technology concept you are building on, and the commercial merit to be validated.
- Required to demonstrate proof-of-interest from a potential customer or 3rd party investor, and the necessary business competencies to execute the project.
- To maintain financial discipline, startups will be required to inject an increase in paid-up capital of 10% and 20% of the grant for POC and POV respectively.
- The increase in paid-up capital replaces prior restrictions on the supportable costs.
Stage 1 (Registration of Interest)
- Submit a summary of the proposed project;
- Download and complete the Interest Form*;
- Email your completed form to enquiry@enterprisesg.gov.sg;
- Enterprise Singapore (ESG) will inform you of your project’s eligibility.
Stage II (Application and Evaluation)
- Accepted application will be invited to ESG for a formal application*;
- Proposals are assessed for their innovativeness, technical feasibility and commercialisation potential.
Stage III (Final Panel Evaluation)
- Both POC and/or POV shortlisted applicants from Stage II will present their proposals to a final evaluation panel comprising of industry experts.
- The decision of the evaluation panel is final.
*Refer to "Documents you will need for your application" for more details.
Stage 1
- Summary of proposed project;
- Completed Registration of Interest Form.
Stage 2
- Cost breakdown;
- Completed Startup SG Tech Proposal Template.
Related Programmes
Enterprise Financing Scheme (EFS) - Green
This programme aims to catalyse green financing for enterprises to capture opportunities in green growth sectors.
Enterprise Development Grant (EDG) - Automation
This programme supports your company’s usage of automation and technology which can result in tangible benefits and significant growth.
Enterprise Development Grant (EDG) - Financial Management
This component of the EDG helps companies improve their financial performance and/or equip their management teams with the relevant skills.
Enterprise Development Grant (EDG) - Product Development
This component of the EDG helps companies commercialise innovative technology and products.
Tags:
Enterprise Development Grant (EDG) - Human Capital Development
This component of the EDG helps to strengthen your company's Human Resource (HR) capabilities.
Global Ready Talent Programme (GRT) - Internships
This programme aims to help your companies that are keen to build a talent pipeline to support expansion plans both local and overseas.
Tags:
Global Ready Talent Programme (GRT) - Management Associate (MA)
This programme aims to help your companies that are keen to train and invest in overseas work exposure for young talents.
Enterprise Financing Scheme (EFS) - SME Fixed Assets
This programme helps Small and Medium Enterprises (SMEs) finance the investment of domestic and overseas fixed assets.
Enterprise Financing Scheme (EFS) - Merger & Acquisitions (M&A)
This programme helps enterprises finance the acquisition of local or overseas target enterprises, with the intent of internationalisation.
LEAD International Fairs & Missions (LEAD IFM)
Get access to financial support when you take part in approved overseas business missions and trade fairs led by Trade Associations and Chambers (TACs) of Commerce.
Enterprise Financing Scheme (EFS) - Project Loan
This programme helps enterprises finance the fulfillment of secured overseas projects.
Enterprise Financing Scheme (EFS) - Trade Loan
This programme helps enterprises finance their import, export and Guarantee needs.
Enterprise Financing Scheme (EFS) - SME Working Capital Loan
This programme helps Small and Medium Enterprises (SMEs) finance operational cashflow needs.
Enterprise Financing Scheme (EFS) - Venture Debt
This programme finances the growth of innovative enterprises using Venture Debt and Warrants.
Productivity Solutions Grant (SkillsFuture Training Subsidy)
Companies can tap on this subsidy to train and build a pool of skilled employees to improve productivity and prepare for business transformation.
Tags:
Startup SG Network
Startup SG Network provides startups with access to Singapore's tech ecosystem players. Companies can also easily discover available avenues of Government support.
Tags:
Singapore Israel Industrial Research and Development Programme
This programme promotes, facilitates and supports joint industrial R&D projects, between companies from Singapore and Israel.
E-Commerce Booster Package - Digital Marketing Programme
This programme aims to enable retailers to build digital marketing capabilities and explore channels to increase brand awareness
E-Commerce Booster Package - Singapore E-Commerce Programme
Through this programme, businesses can engage one of the four appointed e-commerce platforms to sell products online and expand their reach in the Singapore market
Free Trade Agreements (FTA)
Explore how your business can tap Singapore’s comprehensive network of Free Trade Agreements.
Global Innovation Alliance
The GIA is a network of Singapore and overseas partners in major innovation hubs and key demand markets, with a focus on technology and innovation.
Global Talent Mobility Guide
An overview of HR-related considerations before deploying talent overseas
Market Guides
Build up your knowledge on doing business in key markets across the world (i.e. Africa, Asia Pacific, Europe, Middle East and North & Latin America).
SME Centres
These Small and Medium Enterprises (SMEs) centres provide free business and productivity advisory services for SMEs.
Tags:
Startup SG Founder
This programme provides first-time entrepreneurs with mentorship support and startup capital grant.
Startup SG Equity
This government and private co-investment scheme provides equity investments to tech startups with strong intellectual property and global market potential. SEEDS Capital Pte Ltd (SC) and SGInnovate have been appointed to manage the funds under Startup SG Equity.
Technology for Enterprise Capability Upgrading (T-UP)
This programme helps your company in your innovation journey by engaging A*STAR Research Scientists and Engineers from Research Institutes (RIs) to identify and execute suitable Research and Development (R&D) or innovation projects to upgrade your operations.
Tags:
Technology Providers on Tech Depot
Start your company's technology journey with technology and digital solutions that are ready to be used for various business functions.
Tags:
Double Tax Deduction for Internationalisation (DTDi)
Companies planning to expand overseas can benefit from DTDi, with a 200% tax deduction on eligible expenses for international market expansion and investment development activities.
Enterprise Development Grant (EDG) - Pilot Project and Test Bedding
This component of the EDG helps your company expand into new geographical or product markets through building your track records.
Enterprise Development Grant (EDG) - Service Excellence
This component of the EDG helps companies improve their service delivery by gaining a deeper understanding of their customers' needs and decision-making processes.
Enterprise Development Grant (EDG) - Strategic Brand and Marketing Development
This component of the EDG helps companies differentiate their brands, products and services.
Tags:
Export Guide
This guide provides advice on how to trade confidently and export products internationally.
Intellectual Property Intermediary (IPI)
This programme provides companies with the ability to connect with a global network of technology partners in order to develop innovative products and services.
Tags:
Mutual Recognition Arrangements (MRAs)
This provides your company with the opportunity to speed up entry into overseas markets and reduce costs.
Enterprise Development Grant (EDG) - Business Strategy Development
This component of the EDG helps companies improve their business strategies.
Productivity Solutions Grant (PSG)
This grant helps companies adopt technology solutions to improve productivity and enhance business processes.
SME Venture Loan (Venture Debt Programme)
This programme provides innovative and high-growth SMEs with access to alternative venture debt financing for business expansion.
Overseas Market Workshop (China)
This workshop will provide participants with a better understanding of the regional markets through networking with local businesses in China and also gain knowledge from local and foreign practitioners, business owners and market experts.
ASEAN Leadership Programme
This new initiative co-developed by ESG and HCLI helps your company prepare for business expansion overseas and build your network beyond Singapore.
Centres of Innovation (COIs)
Small and Medium Enterprises (SMEs) looking to embark on technology innovation are able to tap into a variety of ready resources available at the COIs.
Tags:
Enterprise Development Grant (EDG) - Mergers and Acquisition
This component of the EDG helps companies grow through mergers and acquisitions (M&A).
Enterprise Development Grant (EDG) - Process Redesign
This component of the EDG helps companies review existing processes and identify areas for efficiency, before the introduction of automation or technology.
Tags:
Enterprise Development Grant (EDG) - Standards Adoption
This component of the EDG helps companies adopt internationally-recognised standards and certifications in key industries and emerging sectors. By doing so, companies can enhance their competitiveness, improve their access to other markets and increase customer trust in their products and services.
Market Readiness Assistance (MRA)
This grant provides Small and Medium Enterprises (SMEs) with financial assistance when expanding their products and services to overseas markets.
SEEDS Capital
SEEDS Capital (SC) manages co-investment funds under Startup SG Equity and co-invests in scalable innovative startups with strong intellectual property.
Can't find what you're looking for?
Reach out to us with your enquiry