Startup SG Tech

Startup SG Tech has been revised to provide successful applicants with greater ease of cashflow. For applications received from 1 August 2017, the grants will be awarded upon the completion of each milestone; unlike previously by reimbursement.The grant will also carry an equity component where Enterprise Singapore will have the rights to exercise a share subscription. This is to cultivate greater financial discipline and a growth-oriented mindset that is consistent among venture-backed startups.

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.

Last updated: 04 Apr 2019