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Startup SG Tech

This programme provides startups with early-stage funding to fast-track commercialisation of their propriety technology solutions.
Benefits

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

 
Eligibility

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.
Critical information
Your solution must:
  • 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.
 
For POC Project:
  • 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.
For POV 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.
 
Note:
  • 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. 

What to expect when applying

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.

Documents you'll need for your application

Stage 1

Stage 2

Useful links
For more details: StartupSG Tech

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