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16 GOVERNMENT DEVELOPMENT ASSISTANCE PROGRAMMES
PROGRAMMES
DESCRIPTION
ADMIN AGENCY
The following areas will also be considered:
• The Lead Enterprise should have clear capabilities above those of the
other participating companies in the project. It takes responsibility for the
implementation and successful delivery of the project.
• The Lead Enterprise should help the participating companies in a manner that
is beyond its normal commercial interests. For example, the Lead Enterprise should not be selling its product or service to the smaller firms through the project.
• The project should include a majority of Singapore enterprises, even though foreign companies can be involved in the collaboration.
19. 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.
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.
Eligibility:
• Startup Companies
• Registered for less than 5 years at time of grant application;
• At least 30% local shareholdings;
• 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
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