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.
Your solution must:
- Clearly demonstrate how science/technology is applied;
- Be of a breakthrough level of innovation (i.e. distinctly different or new technology which either (i) has the potential to disrupt an existing market; or (ii) to replace, or create, a new market/purpose/niche.);
- Lead to or build on proprietary know-how/IP;
- Be commercially viable.
Applicants should be:
- Registered for less than 5 years at time of award;
- At least 30% local shareholding;
- Company’s group annual sales turnover is not more than $100 million or group employment size is not more than 200 workers and;
- Core activities to be carried out in Singapore.
Your project must either be a:
Proof-Of-Concept (POC) Project
Your solution is at the conceptualisation stage, and the technical/scientific viability still needs to be proven.
You should clearly explain 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.
Up to 100% of qualifying costs for each project will be supported, subject to a maximum of S$250,000.
Proof-Of-Value (POV) Project
You already have a technically/scientifically viable concept (POC available), and you wish to carry out further development of a working prototype, to validate the commercial merit of an established concept.
You need to show the technology concept you are building on, and the commercial merit to be validated. You will also be required to demonstrate proof-of-interest from a potential customer or 3rd party investor, and the necessary business competencies to execute the project.
Up to 85% of qualifying costs for each project will be supported, subject to a maximum of S$500,000.
Your project should fall under one of the following areas:
|Advanced Manufacturing / Robotics||Biomedical Sciences and Healthcare|
|Intelligent digital industrial technologies
Fleet management systems
Intelligent control systems
Kinematic and dynamics (manipulation and movement)
Navigation, machine vision and positioning (sensing)
|Life Science Tools
Diagnostic and Implantable Systems
Medical Device Technology
|Clean Technology||Information & Communications Technologies|
Waste management systems
Urban and sustainability solutions
Renewable energy generation and management
Infocomm Infrastructure and Architecture
Analytics and Artificial Intelligence (e.g. Machine Learning)
Augmented Reality/ Virtual Reality technologies
Distributed Ledger Technologies (e.g. Blockchain)
Urban & Autonomous mobility
Sustainable energy generation and management enablers
|Precision Engineering||Transport Engineering / Engineering Services|
Sensors and Actuators
Optics and lasers
|Subsea technologies e.g. subsea production and monitoring, materials development for high temperature/ high pressure applications
Process technologies e.g. solutions for improved oil recovery
|Basic manpower costs||Salaries plus employer’s CPF contribution, excluding bonuses
Founders’ salaries will not be supported for POC projects
|Professional services||Includes consultancy, sub-contracting or prototyping costs by third party local companies|
|Equipment/Software||Includes purchase price, and costs related to commissioning and operation (eg. Delivery, installation, handling, etc.)
Only project-related technical software is supported
|IP Rights (IPR)
– Materials & consumables
|Includes licensing & technology acquisition costs from non-related parties|
|Other operating expenditure
(Subject to approval)
|General airfare and cost of living allowance (COLA) directly related to the project
Training by external parties intrinsic to the project
Rental of specialised equipment or facilities
Points to note:
- Project must not have commenced at the time of proposal submission.
- Work should be done by the applicant (company), in Singapore, unless otherwise justified.
Before you apply
There are three stages of evaluation:
- Stage 1 (Preliminary Assessment)
- Stage 2 (Technical & Commercial Evaluation)
- Stage 3 (Final Panel Evaluation)
Upon submission of enquiry / executive summary, SPRING Singapore will assess the project’s eligibility. If accepted, applicants will be required to submit a project proposal with a cost breakdown. Download the cost breakdown template (xslsx, 40kb) and project proposal template (doc, 123kb)
Proposals are assessed for the innovativeness, technical feasibility and commercialisation potential.
Shortlisted (both POC and POV) applicants from Stage II evaluation will present their proposals to a final panel comprising of industry experts. The decision of the evaluation panel is final.