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.
The grant cap for POC will remain at $250,000 and POV at $500,000.
Applicants should be:
• 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
• Core activities to be carried out in Singapore
• Qualifying projects