Startup SG Equity - General Tech

This program aims to support innovative technology startups in Singapore by co-investing with third-party investors. The program's key objectives, target beneficiaries, application process, and features are as follows:

Objectives:

• To catalyze private sector investments into promising Singapore-based technology startups.
• To help startups scale and grow by providing access to equity financing.
• To strengthen the startup ecosystem by encouraging investor participation and confidence.

Target Beneficiaries:

• Early-stage and growth-stage technology startups incorporated in Singapore.
• Startups that have innovative technology solutions with high growth potential.
• Companies seeking equity funding to expand their business operations.

Key Features:

• Co-investment model where Startup SG matches investments made by qualified third-party investors.
• Investment amounts typically range from SGD 500,000 to SGD 3 million.
• Focus on general technology sectors, including but not limited to software, hardware, and deep tech.
• Startups benefit from both capital and the network of investors.
• The program supports startups through various stages of growth, from early to expansion phases.

Application Process:

1. Startups must secure an investment commitment from a qualified third-party investor.
2. The third-party investor applies for co-investment with Startup SG on behalf of the startup.
3. The application is assessed based on the startup’s innovation, market potential, and scalability.
4. Upon approval, Startup SG co-invests alongside the third-party investor under agreed terms.
5. Startups receive funding and support to accelerate their growth trajectory.

This program is designed to boost the growth of Singapore’s tech startup ecosystem by leveraging private sector investments and providing startups with the necessary capital and investor networks to succeed. It encourages innovation and entrepreneurship by reducing funding gaps and enhancing access to equity financing for promising tech ventures.