Startup SG Tech Grant

About

The Startup SG Tech grant offers financial support for startups in Singapore to develop proprietary technology solutions, providing up to SGD400,000 for Proof-of-Concept projects and SGD800,000 for Proof-of-Value projects, while also including an equity component to foster growth and innovation in various industries.

Benefits

• Grants for Proof-of-Concept (POC) up to SGD400,000
• Grants for Proof-of-Value (POV) up to SGD800,000
• Equity component allowing Enterprise Singapore to subscribe to shares
• Support for commercialization of proprietary technology

Eligibility Criteria

• Startup companies registered in Singapore within the past 10 years
• At least 30% local equity held by Singaporean(s) or Singapore PR(s)
• Not a subsidiary of a corporate entity at incorporation
• Group annual sales turnover not more than $100 million or group employment size not more than 200 workers
• Core R&D activities must be carried out in Singapore