Germany–Singapore SME Funding Programme

Germany–Singapore SME Funding Programme

For local startups to partner with German companies on joint innovation projects for R&D, commercialisation and business expansion.

For Singapore companies, up to 70% of project costs may be supported. Singapore enterprises and their German counterpart(s) should put in a joint application for the proposal to be considered.

Apply now

About this programme

The Germany-Singapore SME Funding Programme (GSFP) is jointly administered by EnterpriseSG and the Federal Ministry for Economic Affairs and Climate Action (BMWK) in Germany. This programme is focused on encouraging the development of innovative products, services, processes or solutions that have strong market potential for Germany, Singapore or the international market.

Singapore companies keen to embark on joint innovation projects with German companies can now receive support by participating in this call for proposals for joint innovation and R&D projects from any sector or technological applications.

About BMWK and AiF Projekt GmbH

Federal Ministry of Economic Affairs and Climate Action (BMWK)

The Federal Ministry for Economic Affairs and Climate Action (BMWK) is a cabinet-level ministry responsible for the economic prosperity of Germany with the broad participation of all citizens, as well as for a modern system of economic relations.

AiF Projekt GmbH

AiF Projekt GmbH is the appointed project management agency for Germany’s Central Innovation Programme for SMEs (ZIM).

BMWK 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.

Eligibility

The project consortium must involve at least one company from Singapore and one company from Germany. Both companies should be independent from each other. Each project partner should contribute no more than 70% of the total project contribution.

All Singapore companies must meet all of the following eligibility criteria in order to apply:

  • Business entity registered and operating in Singapore
  • Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
  • Company has a Group Annual Sales Turnover not exceeding S$100 million, OR a Group employment size not exceeding 200 employees
  • Company is financially ready to start and complete the project

Apply

To apply for the call, interested Singapore companies should:

Submit your interest to EnterpriseSG here as soon as possible, before 15 August 2024, for an eligibility assessment. Thereafter, eligible Singapore companies will be invited to submit a national funding application via Business Grant Portal.

The application along with the following supporting documents must be submitted by 5 September 2024, 23:59 CEST / SGT, to be considered for funding.

When preparing for your application, you will need to have the following supporting documents ready:

  1. Latest ACRA business profile (retrieved within six months from application date)
  2. Latest and previous two years audited financial statements or official management account
  3. Relevant key quotations (e.g. equipment & software, materials & consumables, professional services)

For more information, please refer to the call guidelines.

Still thinking of what programme to participate in?
Submit your interest and EnterpriseSG will reach out to you when an opportunity arises for the relevant Global Innovation Alliance (GIA) programmes.
Register interest

Germany–Singapore SME Funding Programme

Apply now