| By |
 http://e27.cohttp://e27.sg/2010/07/26/singapore-startup-government-funding-chart/ |
| Jul 26, 2010 | News |
Here’s the Singapore addition to our big chart of Southeast Asia government funding schemes for tech startups.
| Country | Funding body | Fund name | Who’s it for and amount funded |
| Singapore | Spring Singapore |
Young Entrepreneurs Scheme for Start-ups (YES! Start-ups) |
Singaporean or permanent resident below the age of 26. First-time entrepreneur and the key driver in the company, holding at least 50% equity.
Spring Singapore will match S$4 for every SGD1 you raise, capped at |
| Singapore | Spring SEEDS Capital (Spring Singapore) |
Business Angel Funds (BAF) |
Singapore-based private limited company with at least SGD50,000 in paid-up capital.
SPRING SEEDS Capital could potentially match the intended amount |
| Singapore | Spring SEEDS Capital (Spring Singapore) |
SPRING Startup Enterprise Development Scheme (SPRING SEEDS) |
Singapore-based company, incorporated as a private limited company for less than five years and possesses paid-up capital of at least SGD50,000, but not more than SGD1 million. SPRING SEEDS Capital co-invests to match dollar-for-dollar with |
| Singapore | Ministry of Community Development, Youth and Sports (MCYS) |
ComCare Enterprise Fund (CEF) |
All businesses and organizations registered with the Accounting and Corporate Regulatory Authority (ACRA) and the Registrar of Societies with the aim to help disadvantaged Singapore citizens become self-reliant by providing employment and training opportunities.
Up to 80% of the total project cost, subject to a maximum of SGD300,000. |
| Singapore | Interactive Digital Media (IDM) |
IDM Jump-start And Mentor (i.JAM) |
Individual or locally registered companies with at least one local founder who holds a minimum of 20% equity.
The grant covers up to a cap of SGD50,000 qualifying cost of the project |
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