Tech Startup Grants in Singapore 2025

In Singapore, the landscape for technology startups is thriving, supported by various government grants aimed at fostering innovation, productivity, and competitiveness. This article will guide you through the range of grants available, helping you understand the eligibility criteria and how to maximise your chances of securing funding.

Why Tech Startup Grants Matter in Singapore

Government grants are crucial for startups in Singapore. They provide essential funding support for early-stage companies, particularly technology startups with intellectual property. With the backing of the Monetary Authority of Singapore (MAS) and the Singapore Economic Development Board (EDB), these grants aim to enhance the capabilities of small and medium enterprises (SMEs) while driving economic growth.

Benefits of Government Grants

• Financial Relief: Grants reduce the financial burden on new businesses, allowing for investment in advanced digital solutions and technology development.
• Market Readiness: Grants like the Market Readiness Assistance (MRA) help startups prepare for market entry, ensuring that products and services meet industry standards.
• Networking Opportunities: Many programs offer access to a network of mentors and industry experts, providing invaluable guidance and support.

What are the Tech Startup Grants Available in 2025?

Singapore offers a variety of grants tailored to different stages of the tech innovation lifecycle, from early-stage ideation to commercialisation and market expansion. Here’s an updated list of notable tech-related grants available in 2025:

Startup SG Founder Grant 

• Funding: Up to SGD 50,000 (matched 1:1 by private sector co-investment).
• Purpose: Supports first-time entrepreneurs in launching innovative startups.
• Target Audience: Aspiring founders with scalable, differentiated business models.

Startup SG Tech Grant 

• Funding: Up to SGD 250,000 for Proof-of-Concept (POC) and SGD 500,000 for Proof-of-Value (POV).
• Purpose: Helps tech startups fast-track the development of proprietary technology solutions.
• Target Audience: Early-stage deep tech and innovation-led startups.

Corporate Venture Launchpad (CVL) 

• Funding: Up to 50% co-funding for concept validation sprints, typically capped at S$500,000 per company.
• Purpose: Supports companies to rapidly launch new ventures from Singapore through structured six-month validation sprints.
• Target Audience: Multinational companies and large local enterprises with growth-focused operations based in Singapore.

Enterprise Development Grant (EDG)

• Funding: Up to 70% for SMEs; covers core capabilities, innovation, and market access projects.
• Purpose: Helps businesses innovate, upgrade, or expand overseas.
• Target Audience: SMEs and tech companies in growth and scaling stages.

Productivity Solutions Grant (PSG)

• Funding: Up to 50% support for pre-approved digital solutions and automation tools.
• Purpose: Encourages the adoption of readily available IT solutions to enhance productivity.
• Target Audience: SMEs in various sectors, including retail, logistics, and F&B.

Open Innovation Platform (OIP) Support

• Funding: Variable based on challenge calls; includes prize money and potential follow-on support.
• Purpose: Connect corporations with startups to co-develop tech solutions.
• Target Audience: Startups and SMEs solving real-world business challenges.

Market Readiness Assistance (MRA) Grant

• Funding: Up to 70%, capped at SGD 100,000 per new market.
• Purpose: Supports SMEs expanding overseas with tech or digital services.
• Target Audience: Tech startups and SMEs ready for internationalisation.

Energy Efficiency Fund (E2F) – Digitalisation Track

• Funding: Up to 70% of qualifying costs for energy assessments and implementation of digital solutions.
• Purpose: Supports manufacturing companies in adopting digital solutions such as smart metering, energy management information systems (EMIS), and virtual energy audits to monitor and optimise energy use.
• Target Audience: Manufacturing firms in Singapore (SSIC codes 10XXX–32XXX) with group annual sales of S$500 million or less.

How to Maximise Your Chances of Securing a Grant

Securing a grant can be competitive, but there are several strategies that can enhance your chances:

• Understand the Eligibility Criteria: Each grant has specific eligibility requirements. Familiarise yourself with these criteria to ensure your startup qualifies.
• Craft a Strong Proposal: Make sure your application clearly outlines your business vision, how the grant will be used, and the potential impact on your company and the economy.
• Showcase Your Innovation: Highlight the uniqueness of your product or service. Demonstrating a clear value proposition can help you stand out from other applicants.
• Leverage Local Resources: Engage with local incubators and accelerators. They often provide advice and support in the application process, increasing your chances of success.
• Stay Informed: Keep up to date with changes in grant offerings and new initiatives from government agencies. Being proactive can help you identify appropriate funding sources early.

FAQ about Singapore Tech Startup Grants

Q: What types of businesses are eligible for these grants?

A: Generally, Singapore-based technology startups, particularly those focusing on general tech and deep tech, are eligible. Most grants are aimed at small and medium enterprises (SMEs) and new businesses. 

Q: How do I apply for these grants?

A: Applications can typically be submitted through the Business Grants Portal, where you can find detailed information about each grant and the application process.

Q: Are there any restrictions on how the grant money can be used?

A: Yes, most grants have specific guidelines on permissible expenditures, so it’s vital to review these when planning your project.

Q: What if my application is unsuccessful?

A: If your application is not successful, consider seeking feedback and refining your proposal for future applications. Continuous improvement is key in the competitive startup landscape.

Know Your Solution And Fuel Your Tech Vision

Navigating the world of tech grants in Singapore can be daunting, but understanding the range of funding opportunities available can significantly enhance your startup’s chances of success. By leveraging government support, focusing on innovative solutions, and adhering to eligibility criteria, Singapore-based technology startups can secure vital funding to fuel their growth and contribute to the nation’s economic development.

For further assistance and resources, always refer to the Business Grants Portal to stay informed about the latest funding opportunities and updates. As you embark on your entrepreneurial journey, remember that these grants are not just financial support; they are an investment in your vision and the future of technology in Singapore.