Singapore companies keen to embark on joint-innovation projects with German companies can receive support through the Germany-Singapore SME Funding Programme (GSFP).
The GSFP is jointly administered by Enterprise Singapore and AiF Projekt GmbH, the appointed project manager of the Federal Ministry for Economic Affairs and Energy. The programme aims to encourage joint research and development (R&D) partnerships between Singapore and German SMEs, on the development of innovative products and applications with strong market potential. The project should ideally lead to commercialisation in the domestic or global markets.
Under the GSFP, examples of potential project scopes include:
AiF Projekt GmbH is the authorised project management agency for the Central Innovation Programme for SMEs (ZIM). ZIM is Germany’s largest innovation funding programme for SMEs and aims to support market-oriented R&D projects by individuals and/or cooperation networks in all technologies and sectors.
The project consortium must involve at least one Singapore SME and one German SME. Project partners must cooperate on a joint R&D project that will result in the development of an innovative product, service or process with the end goal of commercialisation.
All Singapore companies must meet the eligibility criteria for the Enterprise Development Grant (EDG) in order to apply.