{"id":"4897","bundle":"programme","slug":"startup-sg-tech","title":"Startup SG Tech","datePublished":"2019-04-04T21:42:26","datePublishedFormatted":"04 Apr 2019","lastUpdatedDate":"2025-09-18T20:57:52","lastUpdatedDateFormatted":"18 Sep 2025","logo":[{"url":"https:\/\/www.startupsg.gov.sg\/styles\/logo\/s3\/2025-09\/StartupSG_Logo_Print_Tech.png?itok=EYnfBesw","width":null,"height":55,"alt":"StartupSG Tech","title":""}],"tagline":"Startup SG Tech","summary":"Funding support for deep tech commercialisation","body":"\u003Cp\u003EThe 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. Startup SG Tech is a competitive grant that supports Proof-of-Concept (POC) and Proof-of-Value (POV) for commercialisation of innovative technologies. Companies may apply for POC or POV grants depending on the stage of development of the technology\/concept. \u003Cspan\u003EGrants will be awarded upon the completion of each milestone.\u0026nbsp;\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003ETo cultivate greater financial discipline and a growth-oriented mindset that is consistent among venture-backed startups, the grant will also carry an equity component where Enterprise Singapore will have the rights to exercise a share subscription.\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003EThrough Startup SG Tech, companies may receive early-stage funding for the commercialisation of proprietary technology.\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003EWhat is Proprietary Technology?\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003EProprietary Technology refers to a combination of processes, tools, or systems of interrelated connections, which may be derived from Research Institutes, Institutes of Higher Learning or Public Health Institutes. Proprietary Technology should ideally involve Intellectual Property (IP) or Intellectual Assets (IA) which should be owned by the individual\/startup. The system integration of off-the-shelf components is\u0026nbsp;not\u0026nbsp;considered as proprietary technology.\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003EFor example, a robotics startup has developed a custom end effector with a visual programming system that allows it to handle delicate objects. While the robotic arm required in the prototype may be considered as an off-the-shelf component, the software portion of custom end effector with the visual programming system can be considered proprietary technology.\u003C\/span\u003E\u200b\u200b\u200b\u200b\u200b\u200b\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003ERelevant links\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Col\u003E\u003Cli\u003E\u003Ca href=\u0022\/programmes\/4897\/startup-sg-tech\/eligibility\u0022\u003E\u003Cspan\u003EEligibility\u003C\/span\u003E\u003C\/a\u003E\u003C\/li\u003E\u003Cli\u003E\u003Ca href=\u0022\/programmes\/4897\/startup-sg-tech\/apply\u0022\u003E\u003Cspan\u003EApply\u003C\/span\u003E\u003C\/a\u003E\u003C\/li\u003E\u003Cli\u003E\u003Ca href=\u0022\/programmes\/4897\/startup-sg-tech\/frequently-asked-questions\u0022\u003E\u003Cspan\u003EFAQ\u003C\/span\u003E\u003C\/a\u003E\u003C\/li\u003E\u003C\/ol\u003E","pillars":[{"id":"1601","name":"Startups","parent":"0"}],"needs":[{"id":"6945","name":"Funding","children":[],"parent":"0"}],"programmes":[{"id":"1613","name":"Singapore-based","parent":"0"}],"resourceCategories":[{"id":"8027","name":"Go Global","parent":"0"},{"id":"8035","name":"Innovation Resources","parent":"0"},{"id":"8024","name":"Fundraising","parent":"0"},{"id":"8016","name":"Reports","parent":"0"}],"files":[{"url":"https:\/\/www.startupsg.gov.sg\/2019-04\/Startup-SG-Tech-FAQ_Enterprise-Singapore_28-March-2018.pdf"},{"url":"https:\/\/www.startupsg.gov.sg\/2019-04\/Startup-SG-Tech-Proposal-Template_Enterprise-Singapore-Template.doc"},{"url":"https:\/\/www.startupsg.gov.sg\/2019-04\/Startup-SG-Tech-Cost-Breakdown-Proposal.xlsx"},{"url":"https:\/\/www.startupsg.gov.sg\/2022-12\/SSG%20Tech%20Stage%201_Registration%20of%20Interest%20Form_Dec%2022.xlsx"},{"url":"https:\/\/www.startupsg.gov.sg\/2023-06\/SSG%20Tech%20Stage%201_Registration%20of%20Interest%20Form_June%2023_.xlsx"},{"url":"https:\/\/www.startupsg.gov.sg\/2025-01\/SSG%20Tech%20Stage%201_Registration%20of%20Interest%20Form_Nov%2024_0.xlsx"}],"isStartupFocused":false,"external_link":[],"seo":{"title":"Startup SG Tech | Startup SG Network","description":"Funding support for deep tech commercialisation","canonical_url":"https:\/\/www.startupsg.gov.sg\/node\/4897","robots":"noindex, nofollow"},"sections":[{"title":"Eligibility","slug":"eligibility","image":[],"body":"\u003Cp\u003E\u003Cstrong\u003EYour solution must:\u003C\/strong\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003EClearly demonstrate how science\/technology is applied;\u003C\/li\u003E\u003Cli\u003EBe of a breakthrough level of innovation (i.e. distinctly different or new technology which either (i) has the potential to disrupt an existing market; or (ii) to replace, or create, a new market\/purpose\/niche.);\u003C\/li\u003E\u003Cli\u003ELead to or build on proprietary know-how\/IP;\u003C\/li\u003E\u003Cli\u003EBe commercially viable.\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EApplicants should be:\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003EStartup Companies\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cspan\u003ERegistered in Singapore within the past 10 years at time of grant application;\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ECompany has at least 30% local equity held directly or indirectly by Singaporean(s) and\/or Singapore PR(s), determined by the ultimate individual ownership;\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ECompany is not a subsidiary*\u0026nbsp;of a corporate entity at point of incorporation;\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ECompany\u2019s group annual sales turnover is not more than $100 million or group employment size is not more than 200 workers; and\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ECore R\u0026amp;D activities to be carried out in Singapore\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EMain applicant should be undertaking a significant role in the company. (i.e. should not be a mere shareholder.)\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E*: A subsidiary is an entity where the parent Corporate entity has more than 50% shareholding in the entity\u003C\/p\u003E\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\u003Cp\u003E\u003Cstrong\u003EQualifying Projects\u003C\/strong\u003E\u003C\/p\u003E\u003Cp\u003EYour project must either be a:\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003EProof-Of-Concept (POC) Project\u003C\/strong\u003E\u003C\/span\u003E\u003Cbr\u003E\u003Cspan\u003EYour solution is at the conceptualisation stage, and the technical\/scientific viability still needs to be proven.\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003EIt will be advised to clearly explain the innovative science or technology concept behind the solution. Individual applicants from public sector research institutes must demonstrate entrepreneurial commitment to continue their technology commercialisation work upon successful completion of the project.\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003ETo maintain financial discipline, startups will be required to demonstrate existing paid-up capital equivalent to at least 10% of the POC grant. The grant cap for POC will remain at SGD400,000.\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cem\u003E\u003Cspan\u003E\u003Cstrong\u003ENote: As of 2 Jan 2025, the grant cap for POC projects has been raised from the previous cap of SGD250,000 to SGD400,000. This change will apply to all formal Stage 2 applications submitted from 2 Jan 2025 onwards.\u003C\/strong\u003E\u003C\/span\u003E\u003C\/em\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003EOR\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003EProof-Of-Value (POV) Project\u003C\/strong\u003E\u003C\/span\u003E\u003Cbr\u003E\u003Cspan\u003EYou already have a technically\/scientifically viable concept (POC available), and you wish to carry out further development of a working prototype, to validate the commercial merit of an established concept.\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003EThe technology concept you are building on has to be shown, and the commercial merit to be validated. It will also be required to demonstrate proof-of-interest from a potential customer or 3rd party investor, and the necessary business competencies to execute the project.\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003ETo maintain financial discipline, startups will be required to demonstrate existing paid-up capital equivalent to at least 20% of the POV grant. The grant cap for POV will remain at SGD800,000.\u003C\/span\u003E\u003C\/p\u003E\u003Cp\u003E\u003Cem\u003E\u003Cspan\u003E\u003Cstrong\u003ENote: As of 2 Jan 2025, the grant cap for POV projects has been raised from the previous cap of SGD500,000 to SGD800,000. This change will apply to all formal Stage 2 applications submitted from 2 Jan 2025 onwards.\u003C\/strong\u003E\u003C\/span\u003E\u003C\/em\u003E\u003C\/p\u003E\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\u003Cp\u003EYour project should fall under one of the following areas:\u003C\/p\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003E1. Advanced Manufacturing \/ Robotics\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cspan\u003ERobotics\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EIndustrial IoT\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EAdvanced materials\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EAugmented reality\/Virtual reality technologies for manufacturing applications\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EUrban \u0026amp; autonomous mobility\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ENanomaterials\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003E2.\u0026nbsp;Biomedical Sciences and Healthcare\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cspan\u003ELife science tools\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EClinical diagnostics\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EMedical device and products\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EDigital health\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003E3.\u0026nbsp;Clean Technology\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cspan\u003EWater technologies\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EWaste management and recycling solutions\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EUrban and sustainability solutions\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ESustainable energy generation and management enablers\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003E4.\u0026nbsp;Information \u0026amp; Communications Technologies\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cspan lang=\u0022EN-US\u0022\u003E5G Technology\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan lang=\u0022EN-US\u0022\u003EArtificial Intelligence (e.g. Deep Learning)\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan lang=\u0022EN-US\u0022\u003ECybersecurity Technology\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cstrong\u003E5. New Industries\u003C\/strong\u003E\u003C\/p\u003E\u003Cul type=\u0022disc\u0022\u003E\u003Cli\u003EAugmented reality\/ virtual reality technologies\u003C\/li\u003E\u003Cli\u003EDistributed ledger technologies (e.g. Blockchain)\u003C\/li\u003E\u003Cli\u003ESpace related technologies\u003C\/li\u003E\u003Cli\u003ESmart Packaging related technologies\u003C\/li\u003E\u003Cli\u003EQuantum Technology\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003E6.\u0026nbsp;Precision Engineering\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cspan\u003ESilicon photonics\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ESensors and actuators\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EComposite technology\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ECoatings\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EOptics and lasers\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003E7.\u0026nbsp;Transport Engineering \/ Engineering Services\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cspan\u003EDigital Transformation Technologies (e.g. automation platforms, AI, digital twinning, condition monitoring with IoT and predictive maintenance functions etc)\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EDrilling and Process technologies (e.g. solutions for improved oil recovery, solutions for industrial process risk management, new testing technologies for the oil and gas and chemical manufacturing plant)\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ESolutions for LNG and Offshore Renewables\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ESpecialty chemicals, materials (eg. lubricant additives, coatings, paints, formulations, resins, pigments, physical and chemical property modifiers)\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cspan\u003E\u003Cstrong\u003E8.\u0026nbsp;Food Science and Technology\u003C\/strong\u003E\u003C\/span\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003E\u003Cspan\u003EFood packaging technologies\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EFood testing solutions (e.g. rapid testing kits)\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003EFood Safety and Traceability Solutions\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ENovel processing technologies (e.g. bio-transformation, food waste valorization)\u003C\/span\u003E\u003C\/li\u003E\u003Cli\u003E\u003Cspan\u003ENovel products in the following thematic areas: elderly nutrition, functional food, protein\/meat alternatives\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cstrong\u003E9. Agritech\u0026nbsp;\u003C\/strong\u003E\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003EAgritech solutions in the following thematic areas: urban agriculture, aquaculture, livestock, insects\u003C\/li\u003E\u003Cli\u003EAgritech solutions along the agri value chain \u2013 Inputs, Systems, Farming automation technology\u003C\/li\u003E\u003Cli\u003EControlled environment agriculture technology\u003C\/li\u003E\u003Cli\u003EPrecision agriculture technology\u003C\/li\u003E\u003Cli\u003ERegenerative agriculture\u003C\/li\u003E\u003Cli\u003EData platforms\u003C\/li\u003E\u003Cli\u003EAutomation \u0026amp; Robotics, agriculture hardware solutions, farm systems\u003C\/li\u003E\u003Cli\u003EBiotechnology\u003C\/li\u003E\u003Cli\u003EAgriculture traceability and assurance\u003C\/li\u003E\u003Cli\u003EClimate change solutions (net-zero farming)\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cstrong\u003EPoints to note\u003C\/strong\u003E:\u003C\/p\u003E\u003Cul\u003E\u003Cli\u003EProject must not have commenced at the time of application.\u003C\/li\u003E\u003Cli\u003EWork should be done by the applicant (company), in Singapore, unless otherwise justified.\u003C\/li\u003E\u003Cli\u003EStartup SG Tech will also include a share subscription component, where EnterpriseSG or its appointed nominee will have the right to subscribe to shares equivalent to 50% of the awarded grant amount*, up to 49% of the total shareholding of the company. EnterpriseSG\u0027s share subscription rights will be exercised when a qualifying equity financing round occurs.\u003C\/li\u003E\u003C\/ul\u003E\u003Cp\u003E\u003Cem\u003E*Refers to the initial grant amount awarded to the company upon a successful Startup SG Tech application. For the avoidance of doubt, there will be no further capital injections from EnterpriseSG.\u003C\/em\u003E\u003C\/p\u003E"},{"title":"Apply","slug":"apply","image":[],"body":"\u003Cp\u003E\u003Cstrong\u003E\u003Cimg alt=\u0022How to Apply for Startup SG Tech?\u0022 data-entity-type=\u0022file\u0022 data-entity-uuid=\u00228d0e0127-da35-4a2b-bfc3-d225625f0b84\u0022 src=\u0022https:\/\/www.startupsg.gov.sg\/public\/inline-images\/Infographic%20on%20SSGT%20Application_v3.png\u0022 \/\u003E\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u003Cstrong\u003ERelevant links:\u003C\/strong\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003EDownload and complete the\u0026nbsp;\u003Ca href=\u0022https:\/\/ssn-core-prod-files.s3.ap-southeast-1.amazonaws.com\/2023-06\/SSG%20Tech%20Stage%201_Registration%20of%20Interest%20Form_June%2023_.xlsx\u0022\u003EEnterprise Singapore Startup SG Tech Registration of Interest Form\u003C\/a\u003E\u003C\/p\u003E\r\n\r\n\u003Cp\u003ETo submit the completed ROI form, proceed to \u003Ca href=\u0022https:\/\/go.gov.sg\/askenterprisesg\u0022\u003Ego.gov.sg\/askenterprisesg\u003C\/a\u003E.\u003C\/p\u003E\r\n\r\n\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E\r\n"},{"title":"Frequently Asked Questions","slug":"frequently-asked-questions","image":[],"body":"\u003Ch4\u003EEligibility\u003C\/h4\u003E\u003Cp\u003EThe Startup SG Tech is primarily aimed at startups that are registered or incorporated in Singapore and physically present in Singapore. Principal Investigators (PI), as well as Research Scientists and Engineers (RSEs) from public sector research organisations are also considered for funding under POC Phase of the Startup SG Tech.\u003C\/p\u003E\u003Cp\u003EApart from PIs and RSEs, other applicants under the Startup SG Tech must meet the following eligibility criteria:\u003C\/p\u003E\u003Cp\u003EThe Startup SG Tech applicant should be a company that is incorporated as a Private Limited entity.\u003C\/p\u003E\u003Cdl\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E1.\u003C\/span\u003EWhat are the eligibility criteria under Startup SG Tech?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cul\u003E\u003Cli\u003EThe Applicant-company must be an SME. An SME is defined as a company with:\u003Col style=\u0022list-style-type:lower-alpha;\u0022\u003E\u003Cli\u003ECompany is not a subsidiary of a corporate entity at point of incorporation; AND\u003C\/li\u003E\u003Cli\u003EAt least 30% local shareholdings; AND\u003C\/li\u003E\u003Cli\u003ECompany Group annual sales turnover of not more than S$100 million; OR\u003C\/li\u003E\u003Cli\u003ECompany Group Employment size of not more than 200 workers.\u003C\/li\u003E\u003C\/ol\u003E\u003C\/li\u003E\u003Cli\u003EThe Applicant-company should have been established for 10 years or less at the time of grant application.\u003C\/li\u003E\u003Cli\u003EA subsidiary is an entity where the parent Corporate entity has more than 50% shareholding in the entity\u003C\/li\u003E\u003C\/ul\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E2.\u003C\/span\u003ECan sole-proprietors or LLPs\/partnerships apply?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EThe Startup SG Tech applicant should be a company that is incorporated as a Private Limited entity.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E3.\u003C\/span\u003EMy company has been incorporated for more than ten years. Is it still eligible for Startup SG Tech?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003ENo, as Startup SG Tech is aimed at catalysing new or early stage technology startups in technology development and commercialisation. For other areas of grant support, including technology adoption, local SMEs could consider Enterprise Development Grant (EDG).\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E4.\u003C\/span\u003ECan subsidiaries of established SMEs be supported?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003ENo. This scheme provides early-stage funding support for companies not more than ten years old from incorporation date, has minimum 30% local equity and group sales turnover not exceeding $100mil OR group employment size not exceeding 200.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E5.\u003C\/span\u003ECan I apply for the Startup SG Tech grant for more than one project?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EApplicants are advised to submit one project proposal at a time, as resources and the ability to undertake multiple projects are important considerations for companies embarking on commercialisation projects.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E6.\u003C\/span\u003ECan I apply for Startup SG Tech if I have already received a grant from another government agency?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EYou may do so if the previous funding received was for a different project scope and development activities, i.e. the entrepreneur \/ startup may receive a government grant for project A; while the Startup SG Tech grant is for project B.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E7.\u003C\/span\u003ECan I apply for both Startup SG Tech and Enterprise Development Grant (EDG) to support my project progression?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003ECompanies can choose to apply for both at the same time, but the same project scope can only be supported by one programme. Entrepreneurs \/ startups are recommended to discuss their project scope and commercialisation plans with an EnterpriseSG officer prior to submitting an application.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E8.\u003C\/span\u003ECan I seek investments while applying for Startup SG Tech? Will it affect the assessment?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EAs the objectives for exploring investment and grants are different, the company can seek investments while applying for Startup SG Tech. It will not affect the assessment.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E9.\u003C\/span\u003EMy earlier proposal was rejected; can I re-apply with the same proposal this year?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EApplicants who wish to re-apply for Startup SG Tech based on a previous proposal can do so only after they have adequately addressed the issues or concerns highlighted for the rejection.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E10.\u003C\/span\u003EMy patent is registered overseas and I want to set up the business in Singapore, making use of the overseas patent. Can I apply for Startup SG Tech?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EForeign registered patents can be considered as long as the application meets the eligibility criteria.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E11.\u003C\/span\u003EMy company is registered overseas, I intend to bring my technology from overseas and commercialise it here, with Singapore as the headquarters. Can I apply for Startup SG Tech?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EYou can apply for the Startup SG Tech grant if you are able to show economic value for the entity in Singapore (e.g. hiring, R\u0026amp;D activities, core management team in Singapore, manufacturing operations). The future IP(s) generated through the project would also need to be owned\/ assigned to the Singapore entity. You will also need to meet the standard eligibility criteria.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E12.\u003C\/span\u003EWhat are the differences between POC (Proof-of-concept) and POV (Proof-of-value)?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Ctable class=\u0022Table\u0022 style=\u0022border-collapse:collapse;margin-left:48px;\u0022\u003E\u003Ctbody\u003E\u003Ctr\u003E\u003Ctd style=\u0022background-color:#e7e6e6;border:1px solid black;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:12pt;\u0022\u003EPOC (Proof-of-Concept)\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003Ctd style=\u0022background-color:#e7e6e6;border-bottom:1px solid black;border-left-style:none;border-right:1px solid black;border-top:1px solid black;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:12pt;\u0022\u003EPOV (Proof-of-Value)\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd style=\u0022border-bottom:1px solid black;border-left:1px solid black;border-right:1px solid black;border-top-style:none;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:11pt;\u0022\u003EInvolves the development of viable technological ideas\/concepts\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003Ctd style=\u0022border-bottom:1px solid black;border-left-style:none;border-right:1px solid black;border-top-style:none;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:11pt;\u0022\u003EBuilds on a technology or idea that has been proven to work (i.e. the technical feasibility is established).\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd style=\u0022border-bottom:1px solid black;border-left:1px solid black;border-right:1px solid black;border-top-style:none;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:11pt;\u0022\u003EA successful POC should demonstrate technical viability and a high degree of commercial readiness.\u0026nbsp;\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003Ctd style=\u0022border-bottom:1px solid black;border-left-style:none;border-right:1px solid black;border-top-style:none;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:11pt;\u0022\u003ECould have resulted from a POC project, allowing the startup to undertake further development, including a working prototype.\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd style=\u0022border-bottom:1px solid black;border-left:1px solid black;border-right:1px solid black;border-top-style:none;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:11pt;\u0022\u003EIs typically further away from the market and the entrepreneur needs to undertake significant development to prove that the technology or idea would work.\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003Ctd style=\u0022border-bottom:1px solid black;border-left-style:none;border-right:1px solid black;border-top-style:none;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:11pt;\u0022\u003EAllows the startup to validate the commercial merit of the product\/solution by seeking reference customers or external funding from 3rd party investors.\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003C\/tr\u003E\u003Ctr\u003E\u003Ctd style=\u0022border-bottom:1px solid black;border-left:1px solid black;border-right:1px solid black;border-top-style:none;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:11pt;\u0022\u003EShould not cover development areas which are deemed too early stage.\u003C\/span\u003E\u003C\/p\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;font-size:11pt;\u0022\u003EExamples:\u003C\/span\u003E\u003C\/p\u003E\u003Cul type=\u0022disc\u0022\u003E\u003Cli style=\u0022font-family:Calibri, sans-serif;font-size:11pt;line-height:normal;margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;\u0022\u003EBasic research\u003C\/span\u003E\u003C\/li\u003E\u003Cli style=\u0022font-family:Calibri, sans-serif;font-size:11pt;line-height:normal;margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;\u0022\u003EGeneration of pure scientific and technological knowledge\u003C\/span\u003E\u003C\/li\u003E\u003Cli style=\u0022font-family:Calibri, sans-serif;font-size:11pt;line-height:normal;margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;\u0022\u003EDevelopment of research ideas\u003C\/span\u003E\u003C\/li\u003E\u003Cli style=\u0022font-family:Calibri, sans-serif;font-size:11pt;line-height:normal;margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022background-attachment:initial;background-clip:initial;background-image:initial;background-origin:initial;background-position:initial;background-repeat:initial;background-size:initial;color:black;font-family:\u0026quot;Open Sans\u0026quot;, sans-serif;\u0022\u003EHypotheses and experimental designs without application\u003C\/span\u003E\u003C\/li\u003E\u003C\/ul\u003E\u003C\/td\u003E\u003Ctd style=\u0022border-bottom:1px solid black;border-left-style:none;border-right:1px solid black;border-top-style:none;padding:0cm 7px;vertical-align:top;width:301px;\u0022\u003E\u003Cp style=\u0022margin-bottom:16px;\u0022\u003E\u003Cspan style=\u0022font-family:Calibri, sans-serif;font-size:11pt;\u0022\u003E\u0026nbsp;\u003C\/span\u003E\u003C\/p\u003E\u003C\/td\u003E\u003C\/tr\u003E\u003C\/tbody\u003E\u003C\/table\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E13.\u003C\/span\u003EDo I need to undertake a POC first for my project before applying for POV?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003ENo, this is not necessary. Interested applicants may apply directly for the POV grant, as long as your proposal submission meets the development and commercial scope of POV.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E14.\u003C\/span\u003ECan I apply for both POC and POV if I\u2019m not sure which stage is most applicable?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EYou may submit the Registration of Interest (ROI) form first, you may leave the field blank if you are unsure whether the project would be more suitable for a POC\/POV grant. After reading through the ROI, an EnterpriseSG\u0026nbsp;office will reach out and advice you on the appropriate stage of development.\u0026nbsp;\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E15.\u003C\/span\u003ECan I apply for Startup SG Tech if the project has already started?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EThe project must not have commenced at the time of application (i.e. the date of the proposal submission to EnterpriseSG). For applicants\/startups that want to start their project prior to the confirmation of the Startup SG Tech grant award, you can do so upon the submission of the project proposal\/application. However, applicants are advised to have other means or resources to follow-through, should their application for the Startup SG Tech grant be unsuccessful.\u003C\/p\u003E\u003C\/dd\u003E\u003C\/dl\u003E\u003Ch4\u003EEvaluation\u003C\/h4\u003E\u003Cdl\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E16.\u003C\/span\u003EHow long do I have to wait to know the results of my submission?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EApplicants will be informed of the outcome of their proposal submission at the end of each stage of evaluation for both POC and POV. For both POC and POV projects which have passed\/cleared all three stages, it takes approximately three months from the date of submission of full proposal to the issuance of the letter of offer for the Startup SG Tech grant.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E17.\u003C\/span\u003EI am applying for a POC, and not a POV grant. Do I need to address the commercial merits of my project at POC stage?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EYes. The intent of the Startup SG Tech is to help entrepreneurs bring good technology and ideas to the market. It is important for the entrepreneur \/ startup to highlight the commercial potential and commercialisation plans for the project even at the POC stage.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E18.\u003C\/span\u003EWho will evaluate my proposal in stages 2 and 3? How do I know that they are qualified to assess my project?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EStage 2 is evaluated by external technology and commercial consultants. The final panel in Stage 3 comprises of representatives who are closely involved in the tech startup ecosystem, such as industry\/MNCs executives, venture capitalists, professors and researchers from institutes of higher learning or research institutes, and government agency representatives.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E19.\u003C\/span\u003ENot all projects are able to provide quantifiable and measurable outcomes. Can qualitative measures be accepted?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003ESpecific qualitative measures are considered as part of the evaluation process. However, to minimise ambiguity when qualitative measures are used, applicants are advised to provide a measurable outcome or a deliverable indicator. This is necessary to facilitate the verification of project milestones\/deliverables when disbursing the grant.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E20.\u003C\/span\u003EMy product\/solution\u2019s advantages are difficult to quantify. Can I provide qualitative comparisons to competitors?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EQualitative comparisons can be accepted. However, they should be as specific as possible to allow our assessors make the assessment.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E21.\u003C\/span\u003EWill the panel disclose my project? Can applicants sign NDAs with 3rd party\/external evaluators or ask evaluators to sign an NDA?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EForms of non-disclosure protection have been established with the Stage 2 and 3 Evaluators. They will not sign separate NDAs with applicants\/companies. Ultimately, the onus is on the companies to exercise discretion, and to provide sufficient information about proprietary know-how\/IPs\/technology development to allow the panel to perform the evaluation.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E22.\u003C\/span\u003EWhat preparation will I need for the stage 3 panel evaluation?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EShould a company successfully clear the first two stages of evaluation, a EnterpriseSG officer will work with the company to prepare for the final panel presentation.\u003C\/p\u003E\u003C\/dd\u003E\u003C\/dl\u003E\u003Ch4\u003EFocus Areas\u003C\/h4\u003E\u003Cdl\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E23.\u003C\/span\u003EIs there a specific focus or area(s) of technology preferred for Startup SG Tech applications?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EStartup SG Tech is geared towards supporting potentially disruptive technologies in emerging scientific fields. Please refer to the Startup SG Tech website to get a sense of the focus areas.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E24.\u003C\/span\u003EMy project does not fall into any of the technology areas listed, can it still be supported?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EThe technology areas listed are for reference and serve as a general guide. Applicants are encouraged to discuss the proposal with an\u0026nbsp;EnterpriseSG\u0026nbsp;officer, to determine if the project would qualify for Startup SG Tech.\u003C\/p\u003E\u003C\/dd\u003E\u003C\/dl\u003E\u003Ch4\u003EIntellectual Property, Patent and Freedom-to-operate\u003C\/h4\u003E\u003Cdl\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E25.\u003C\/span\u003EI have a technology that is licenced from another research firm. Can I use this technology to apply for Startup SG Tech to do further research?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EYes. The application will be subject to the same eligibility criteria and project suitability.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E26.\u003C\/span\u003EI am planning to file a patent. Must it be completed before I apply for Startup SG Tech?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EApplicants can apply before the patent is filed. However, EnterpriseSG strongly encourages Startup SG Tech applicants to pay attention to building a sound IP strategy\/plan. A good IP\/patent strategy enhances the defensibility of the product\/solution to be commercialised and reduces the risks of potential infringement.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E27.\u003C\/span\u003ECan the project be supported if no patents are expected?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EAn FTO study is not a requirement. It would, however, help to strengthen the proposal especially for the development of a product\/solution in an IP-crowded space. For some cases, where the IP situation is unclear, or is extremely competitive, EnterpriseSG may request for such a study to be conducted. The FTO study should come as part of the IP landscape studies done on similar IPs to identify potential IP infringements that require cross-licensing and how the company can address these issues.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E28.\u003C\/span\u003EI can\u2019t share details of my innovation as the patent application has not been filed. Can I still apply?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EWhile the company might have confidentiality concerns over sharing proprietary technology innovation, the company should disclose sufficient information for a comprehensive evaluation of the technological and commercial merits for Startup SG Tech. The onus is on the companies to exercise discretion when providing the necessary information about proprietary knowhow\/IPs\/tech development to allow the Startup SG Tech assessors to perform the evaluation.\u003C\/p\u003E\u003C\/dd\u003E\u003C\/dl\u003E\u003Ch4\u003EProject Phase\u003C\/h4\u003E\u003Cdl\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E29.\u003C\/span\u003EDo I get money upfront to support my project?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EFor projects approved by EnterpriseSG, a portion of the grant awarded could be disbursed from the onset to help kick-start the development. However, companies are expected to have adequate financing resources to ensure that they have the ability to see through the entire commercialisation process.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E30.\u003C\/span\u003EHow does the award model work?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EFrom the Pre-Requisite milestone, 20% of the grant will be disbursed. This will allow successful awardee companies to kick-start the project and ease the initial cash-flow situation. Subsequent disbursements of funds are tied closely to completion of project milestones.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E31.\u003C\/span\u003EWhat is the disbursement process?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EThe disbursement will be made in tranches. Grants will only be given when the pre-agreed milestone has been met and claims have been approved. To verify the completion of milestones, site visits and progress reports may be conducted or required. The company is expected to have proper book-keeping of accounts, receipts\/invoices, and documents to prove that the milestones have been reached.\u003C\/p\u003E\u003Cp\u003EYou are encouraged to register for PayNow Corporate with your UEN +3 alphanumeric suffix (if applicable) through your respective banks in three simple steps:\u003C\/p\u003E\u003Col\u003E\u003Cli\u003EContact your bank or log in to your bank\u2019s internet banking or mobile banking app.\u003C\/li\u003E\u003Cli\u003ELink your UEN to the bank account. You can add a 3-digit alpha-numeric suffix to your UEN to create multiple PayNow proxies.\u003C\/li\u003E\u003Cli\u003EEnter your name to complete the setup.\u0026nbsp;\u003C\/li\u003E\u003C\/ol\u003E\u003Cp\u003EOnce you have set up PayNow Corporate with your bank, submit your details via \u003Ca href=\u0022http:\/\/go.gov.sg\/enterprisesgpaynow\u0022\u003EFormSG\u003C\/a\u003E. With PayNow Corporate, grant applicants can receive their grant faster, within 14 working days after approval of claims.\u003C\/p\u003E\u003Cp\u003EAlternatively, you can also receive disbursements via GIRO. For payments via GIRO, kindly submit your bank account details via FormSG \u003Ca href=\u0022https:\/\/go.gov.sg\/enterprisesggiroform\u0022\u003Ehere\u003C\/a\u003E. Do note that disbursement via GIRO may take up to eight weeks after approval of claims.\u003C\/p\u003E\u003Cp\u003EIn the event that no PayNow Corporate or GIRO has been set up, we are unable to disburse the claim.\u003C\/p\u003E\u003C\/dd\u003E\u003C\/dl\u003E\u003Cdl\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E32.\u003C\/span\u003EWhat is the timeline for Startup SG Tech claim disbursement and how will I be notified of the claims disbursement?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EFollowing claim approval, disbursement via PayNow Corporate takes approximately 14 working days. However, if GIRO is the preferred mode, it may take up to eight weeks.\u003C\/p\u003E\u003Cp\u003EUpon completion of the claims disbursement, an electronic payment advice will be sent by our bank to the email address submitted to EnterpriseSG. Please ensure that contact details submitted are accurate for timely communication.\u003C\/p\u003E\u003C\/dd\u003E\u003C\/dl\u003E\u003Cdl\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E33.\u003C\/span\u003ECan project milestones be changed after the grant has been awarded?\u003C\/p\u003E\u003C\/dt\u003E\u003C\/dl\u003E\u003Cdl\u003E\u003Cdd\u003E\u003Cp\u003EGiven that the milestones would have been endorsed by the Startup SG Tech panel of evaluators, changes to project milestones are discouraged. However, we do understand that project milestones may need to be revised due to developmental challenges or external environmental shifts during the course of the project. Such changes need to be strongly justified with valid reasons and supplemented with a revised developmental plan. This is subject to EnterpriseSG\u2019s approval on a case by case basis.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E34.\u003C\/span\u003ECan the project duration be extended?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EWhile project duration may be subject to changes due to unforeseen circumstances, such changes need to be strongly supported by valid reasons and are subject to EnterpriseSG\u2019s approval.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E35.\u003C\/span\u003EWhat if the project fails to meet deliverables?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EDepending on the circumstances of the project, there could be an extension of the project duration to allow the company to overcome the challenges and issues. In certain cases, the project may be terminated if the company shows persistent inability to complete the project milestones.\u003C\/p\u003E\u003C\/dd\u003E\u003C\/dl\u003E\u003Ch4\u003EShare Subscription by EnterpriseSG\u003C\/h4\u003E\u003Cdl\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E36.\u003C\/span\u003EWhat is the rationale behind EnterpriseSG\u2019s share subscription rights?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EStartup SG Tech includes an equity component to cultivate greater financial discipline and a growth-oriented mindset that is aligned to successful venture-backed startups.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E37.\u003C\/span\u003EWhat is the definition of an equity financing round?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003E\u201cEquity Financing\u201d means a bona fide transaction or series of transactions with the principal purpose of raising capital from any corporate investor, where such corporate investor is a venture capitalist, accelerator or other similar corporation.\u003C\/p\u003E\u003C\/dd\u003E\u003Cdt\u003E\u003Cp\u003E\u003Cspan\u003E38.\u003C\/span\u003EWho is the appointed nominee of the rights to shares?\u003C\/p\u003E\u003C\/dt\u003E\u003Cdd\u003E\u003Cp\u003EThe company shall issue share rights to Seeds Capital or any other nominee that EnterpriseSG appoints.\u003C\/p\u003E\u003C\/dd\u003E\u003C\/dl\u003E\u003Cp\u003E\u003Cstyle type=\u0022text\/css\u0022\u003Edl {\r\n                margin: 0;\r\n                padding: 0;\r\n              }\r\n            dt {\r\n            \tpadding: 10px 16px;\r\n            \tfont-weight: bold;\r\n            \tbackground: #404040;\r\n              color: #fff;\r\n            }\r\n            dt span {\r\n            \tdisplay: inline-block;\r\n            \tmargin-right: 10px;\r\n            }\r\n            dd {\r\n            \tpadding: 10px 16px;\r\n            \tmargin: 0 0 16px;\r\n            }\r\n            \u003C\/style\u003E\u003C\/p\u003E"}],"callToAction":[{"title":"How to apply","body":"\u003Cp\u003ELearn more about the Startup SG Tech application process here.\u003C\/p\u003E","ctaLink":{"uri":"https:\/\/www.startupsg.gov.sg\/programmes\/4897\/startup-sg-tech\/apply","title":"Learn More"},"files":[]},{"title":"Step 1: Download and complete form","body":"\u003Cp\u003EDownload and complete the Enterprise Singapore Startup SG Tech Registration of Interest form\u003C\/p\u003E","ctaLink":{"uri":"https:\/\/www.startupsg.gov.sg\/2025-01\/SSG%20Tech%20Stage%201_Registration%20of%20Interest%20Form_Nov%2024_0.xlsx","title":"Download"},"files":[]},{"title":"Step 2: Submit Form","body":"\u003Cp\u003ESubmit your Registration of Interest form here.\u003C\/p\u003E","ctaLink":{"uri":"https:\/\/go.gov.sg\/askenterprisesg","title":"Submit Form"},"files":[]}]}