As drivers of innovation, you are at the forefront of new concepts and disruptive technology that exhibit strong potential for growth. We want to be part of your growth story where you will go on to shape industries and create your own market.
Startup SG brings together an array of schemes and a network targeted at nurturing your startup at any size or stage of growth. We hope to provide you a launchpad to connect to the global stage.
There are nine pillars of support for you to access:
Startup SG Founder provides a platform for matching mentors to startups, as well as funding up to $30,000 to first-time entrepreneurs with innovative business ideas by matching $3 to every $1 raised by the entrepreneur for up to $30,000. Enterprise Singapore has appointed Accredited Mentor Partners (AMP) that will identify qualifying applicants based on the uniqueness of business concept, feasibility of business model, strength of management team, and potential market value.
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 Talent facilitates a conducive environment for global talent to join local startups and set up innovative businesses in Singapore.
Startup SG Network is an online portal that enables startups to connect with players such as accelerators, incubators and investors within the Singapore startup ecosystem. Through the network, startups and multipliers across 30 technology sectors can profile themselves and seek potential partnerships and deal flows.
Startup SG Accelerator aims to work with incubators and accelerators in strategic growth sectors, and to catalyse growth of high potential startups through the mentorship and networks of selected partners.
Startup SG Infrastructure provides startups with the spaces that they need to grow, experiment and flourish. Launchpad brings together a diverse community of startups, accelerators, incubators, venture capitalists and ecosystem players in a communal environment where knowledge-sharing and collaboration can take place.
Startup SG Loan highlights government-backed loans for startups' working capital, equipment/factory financing and trade financing needs, offered through Participating Financial Institutions.
As part of the Startup SG Equity scheme, the government will co-invest with independent, qualified third party investors into eligible startups. This scheme aims to stimulate private-sector investments into innovative, Singapore-based technology startups with intellectual property and global market potential. SEEDS Capital and SGInnovate have been appointed to manage the funds under Startup SG Equity.
The Startup SG Investor Pillar highlights tax incentives for individuals or fund management companies that are actively investing in startups and/or other Singapore companies. These tax incentives include the Angel Investors Tax Deduction (AITD) incentive as well as the Section 13H (S13H) incentive and Fund Management Incentive (FMI).
SLINGSHOT, powered by Startup SG, is an international deep tech startup competition that aims to develop the best local startups and attract high quality foreign startups to Singapore. Startups can showcase their technology and business ideas to investors, corporates, industry leaders, mentors, media, and tech-savvy early adopters. Application to SLINGSHOT 2019 is now open.
ACE is a national private sector-led organisation to drive entrepreneurship in Singapore. It plays a key role in building a dynamic and sustainable ecosystem in Singapore; and works with us to support the growth of startups across all stages.