Grants in Singapore

Here are some of the grants in Singapore you may wish to consider:

 

Start Ups

 

Startup SG Founder

Startup SG Founder provides mentorship and startup capital grant to first-time entrepreneurs with innovative business ideas. Enterprise Singapore will match $3 for every $1 raised by the entrepreneur. 

 

Startup SG Equity Scheme

As part of the Startup SG Equity scheme, the government will co-invest with independent, qualified 3rd party investors into eligible startups. This scheme aims to stimulate private-sector investments into innovative, Singapore-based technology startups with intellectual property and global market potential.

SEEDS Capital Pte Ltd (SC) and SGInnovate have been appointed to manage the funds under Startup SG Equity. Startup SG Equity has different investment parameters for general tech and deep tech startups:

Investment Parameters:
  General tech Deep tech
Investment Cap for each startup $2M $4M
Co-investment ratio 7:3 up to $250K,

 

1:1 thereafter up to $2M
(only for SC’s investments)

7:3 up to $500K,

 

1:1 thereafter up to $4M
(only for SC’s investments)


 

Technology

Startup SG Tech

The Startup SG Tech grant fast-tracks the development of proprietary technology solutions, and catalyses the growth of startups based on proprietary technology and a scalable business model. Through Startup SG Tech, companies may receive early-stage funding for the commercialisation of proprietary technology.

Startup SG Tech supports Proof-of-Concept (POC) and Proof-of-Value (POV) for commercialisation of innovative technologies. Companies may apply for POC or POV grants depending on the stage of development of the technology/concept. Startup SG Tech is a competitive grant. 

 


 

Capability 

Capability Development Grant (CDG)

Companies looking to scale up business capabilities for sustainable growth can tap on the Capability Development Grant (CDG). You can take on projects in areas such as product development, human capital development, standards adoption and business processes enhancement.

The grant defrays up to 70% of qualifying project costs such as consultancy, training, certification and equipment expenses.

The application requirements for smaller scale projects (grant support of S$30,000 or less) has also been simplified. Look forward to an easier application process with more streamlined forms and documentation requirements.

 

IE Singapore Market Readiness Assistance (MRA) Grant

The Market Readiness Assistance (MRA) Grant is designed to help your overseas expansion start off on the right foot by supporting pre-determined activities for:

  • Overseas Market Set-up
  • Overseas Business Partners
  • Overseas Market Promotion