Singapore startup government funding chart

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
SGD50,000.

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
(dollar-for-dollar) of up to a maximum of SGD1.5 million.

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
third-party investor(s), up to SGD1 million.

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

Joash Wee

Joash is passionate about tech startups and building the technopreneur community. While completing his undergraduate business degree, he decided to take a programming class just for kicks. Fortunately for him, he managed to scrap a pass and it now helps him get by with the geek talk. When he is not discussing about startups or the latest technologies, you can find him reading off his Kindle or taking photos with silver halide salts, old school.

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