Understand how this grant can help you in your company’s digital transformation strategy
Startup SG Tech has been revised to provide successful applicants with greater ease of cash flow. To cultivate greater financial discipline and a growth-oriented mindset, consistent with venture-backed startups, the grant will also carry an equity component, where Enterprise Singapore will have the right to exercise a share subscription.
Startup SG Tech is a competitive grant that fast-tracks the development of proprietary technology solutions and catalyses the growth of startups based on proprietary technology and a scalable business model. Companies may apply for either a Proof-of-Concept (POC) or a Proof-of-Value (POV) grant, depending on the stage of development of the technology/concept.
Through Startup SG Tech, companies may receive early-stage funding for the commercialisation of proprietary technology.
Outcomes and Impacts
Startup SG Tech is dedicated to promoting the commercialisation of cutting-edge technology in Singapore. They provide a range of resources to support the advancement of Proof-of-Concept (POC) and Proof-of-Value (POV) projects. This ensures that the innovative technology can be accessible to the public and can be fully realised in terms of its commercial value. Such support from Startup SG Tech gives innovators the opportunity to take their products to the global market, helping to stimulate the economy and foster innovation in Singapore.
Working hand in hand with the best digital teams globally
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