Overview

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.

Eligibility


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:

Startup Companies

  • 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.

Qualifying Projects

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.

OR

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

Operating platforms

Kinematic and dynamics (manipulation and movement)

Navigation, machine vision and positioning (sensing)

Life Science Tools

Diagnostic and Implantable Systems

Medical Device Technology

Healthcare IT

Clean Technology Information & Communications Technologies
Water Technologies

Waste management systems

Urban and sustainability solutions

Renewable energy generation and management

Cybersecurity Technology

Infocomm Infrastructure and Architecture

Analytics and Artificial Intelligence (e.g. Machine Learning)

Edge Technologies

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
Silicon Photonics

Sensors and Actuators

SMART Materials

Composite Technology

Nano Materials

Coatings

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

Automation platforms

Qualifying Costs

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

Patent-related costs

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.

Apply

Before you apply

Interested startups should submit an executive summary of the project. Download the Executive Summary template (docx, 19KB). Email your summary to smeinfoline@spring.gov.sg.

Evaluation Process

There are three stages of evaluation:

  • Stage 1 (Preliminary Assessment)
  • Stage 2 (Technical & Commercial Evaluation)
  • Stage 3 (Final Panel Evaluation)

Stage I
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)

Stage II
Proposals are assessed for the innovativeness, technical feasibility and commercialisation potential.

Stage III
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.