A Singapore Government Agency Website
Enterprise Singapore Logo
  • Industries
    • Industry Type
      • Agri-tech
      • Air Transport
      • Built Environment
      • Digital / ICT
      • Electronics
      • Energy & Chemicals
      • Food Manufacturing
      • Food Services
      • Healthcare and Biomedical
      • Land Transport
      • Logistics
      • Marine & Offshore Engineering
      • Precision Engineering
      • Retail
      • Sea Transport
      • Urban Solutions
      • Wholesale Trade
    • Hub
      • Infrastructure Hub
      • Startup Hub
  • Overseas Markets
    • Africa
      • Ghana
      • Ivory Coast
      • Kenya
      • Morocco
      • Mozambique
      • Nigeria
      • South Africa
    • Asia Pacific
      • ASEAN
      • Australia
      • Cambodia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Myanmar
      • Philippines
      • South Korea
      • Thailand
      • Vietnam
    • Europe
      • France
      • Germany
      • Russia
      • Turkey
      • Netherlands
      • United Kingdom
    • Middle East
      • Egypt
      • Israel
      • Jordan
      • Oman
      • Qatar
      • Saudi Arabia
      • United Arab Emirates
    • North & Latin America
      • Brazil
      • Canada
      • Colombia
      • Mexico
      • Peru
      • United States of America
  • Quality & Standards
    • Standards
      • For Companies
      • For Partners
      • E-Alert for Standards
    • Accreditation
      • For Companies
      • For Conformity Assessment Bodies
      • For Partners
      • Mutual Recognition Arrangements (MRAs)
    • Business Excellence
    • Consumer Protection
      • For Suppliers
      • For Consumers
  • Financial Assistance
    • Grants
      • For Startups
      • For Local companies
      • For Partners
    • Loans & Insurance
      • Enterprise Financing Scheme (EFS)
      • Temporary Bridging Loan Programme
      • Internationalisation Finance Scheme (IFS) - Non-Recourse
      • Loan Insurance Scheme (LIS)
      • Political Risk Insurance Scheme (PRIS)
      • Trade Credit Insurance Scheme (TCIS)
    • Tax Incentives
      • Double Tax Deduction for Internationalisation (DTDi)
      • Global Trader Programme
      • Fund Management Incentive (FMI)
      • Section 13H Tax Incentive (S13H)
    • Investments
      • Startup SG Equity
      • Special Situation Fund for Startups (SSFS)
      • SEEDS Capital
      • EDBI
  • Non-Financial Assistance
    • For Singapore Companies
      • Supporting Your Startup Journey
      • Digital Programmes
      • Growth Partnership Programme
      • Business Toolkits
      • Talent Attraction and Development
      • Network of Partners
      • Export Guides
      • Free Trade Agreements
      • New Market Entry Support
    • For Foreign Companies
      • Join Singapore's Startup Hub
      • Living in Singapore
      • Setting Up in Singapore
      • Free Trade Agreements
      • Double Tax Avoidance Agreements
      • International Investment Agreements
    • For Individuals
      • Skills Development for Students
      • Skills Development for Mid-Career Professionals
      • Be Inspired
  • About Us
    • Overview
    • Vision & Mission
    • Board of Directors
    • Strategic Plan
    • Year-in-Review 2020
    • Careers
    • Media Centre
Search
  • Share
  • Home
  • Financial Assistance
  • Investments
  • Investments
  • Special Situation Fund for Startups (SSFS)
Investments
  • Special Situation Fund for Startups (SSFS)

Special Situation Fund for Startups (SSFS)

Overview
 

The Special Situation Fund for Startups (SSFS) aims to crowd-in private sector investments into selected early- to late-stage startups from diverse sectors, particularly those that have been doing well pre-COVID-19, so that they can sustain their innovation activities and growth momentum amidst the challenging environment and to emerge stronger. Target startups should have developed or commercialised innovative or strategic capabilities that can contribute to Singapore's national priorities.

EDBI, the corporate investment arm of Economic Development Board, and SEEDS Capital, the investment arm of Enterprise Singapore, will invest via Convertible Notes into selected startups with private sector co-investors on a 1:1 basis. The scheme will end when the funds are fully committed or by 31 October 2021, whichever is earlier.

Eligibility
 

The startups should be incorporated as a Private Limited company in Singapore for not more than 10 years, with headquarters and key value-added activities based in Singapore. Startups should also possess technology and innovation competencies and/or sustainable competitive advantages that can contribute to Singapore's national priorities (e.g. aligned to the broader industry transformation plans, or creating good jobs for our population). Startups should also be ready to provide details of current investment interest from potential co-investor(s), if available.

In addition, the startups should have the following key attributes:

  • Substantial innovative and/or intellectual property content developed or owned in-house
  • Able to demonstrate a commercially-viable business model from its products and/or services
  • Able to demonstrate value proposition and potential scalability in their target customer segment(s) and across international markets. Startups should have secured paying customers and partners, and developed a commercially scalable business model of significant annual revenue growth pre-Covid-19
  • Have a committed and capable management team with relevant experience and business acumen skills (e.g. business, industry, technical capability) for the sector they are in, and are receptive to guidance from investors
Apply
 

Interested early-stage startups can apply for the funding via ssfs@enterprisesg.gov.sg, while late-stage startups can apply via ssfs@edbi.com, with a completed application form.

FAQ
 

Click here for frequently asked questions.

 

TOP

Newsletter Sign Up

Get the latest news on how to grow your business - delivered straight to your inbox. Because growing your business is our business.

SUBSCRIBE
  • About Us
  • Media Centre
  • Careers
  • Events
  • E-Services
  • Resources
  • Inspiring Stories
  • Blog

Connect with us

  •  
  •  
  •  
Contact | Feedback
  • Sitemap
  • Terms of Use
  • Privacy Statement
  • Whistle-blowing
  • Report Vulnerability
  • Rate This Website

© 2018 Enterprise Singapore

(Last updated on 18 June 2020 18:53:33)