Singapore companies keen to embark on joint-innovation projects with German companies can receive support by participating in a joint call for proposals for Germany-Singapore technological R&D projects.
The Germany-Singapore SME Funding Programme (GSFP) is jointly administered by Enterprise Singapore and Federal Ministry for Economic Affairs and Energy (BMWi) to provide access to public funding for jointly selected projects. The programme aims to encourage the development of ready-to-market solutions for products, technology-based services or processes that have strong market potential for Germany, Singapore or the international market.
BMWi and its coordinator AiF Projekt GmbH have set up the Central Innovation Programme for SMEs (ZIM) to foster market-driven technology-based R&D projects by individuals and/or cooperation networks in all technologies and sectors. ZIM is Germany’s largest innovation funding programme for SMEs.
The project consortium must involve at least one Singapore SME and one German SME, independent from each other. Each project partner should contribute no more than 70% of total project contribution.
All Singapore companies must meet the eligibility criteria for the Enterprise Development Grant (EDG) in order to apply.