At a glance

Programme detail

Summary

Agency

Enterprise Singapore / SEEDS Capital

Support type

Equity co-investment

Status

Open

Application cycle

Rolling

Local ownership

No local ownership requirement

What does it support?

The investment can finance technology development, commercialisation, expansion into new markets and the scaling of an innovative startup.

Who can apply?

The startup must be based in Singapore and meet SEEDS Capital’s technology investment criteria. It also needs a qualified private investor willing to co-invest.

How does the support work?

SEEDS Capital invests alongside private-sector investors on terms and matching ratios determined by the startup category and investment round. Government investment can reach S$2 million for general-tech startups or S$12 million for deep-tech startups.

What expenditure can qualify?

This is growth capital provided in exchange for equity. Funding is not calculated as reimbursement of a list of project invoices.

Key conditions

Both the company and the proposed round undergo investment assessment and commercial due diligence. A qualified private co-investment partner is a condition of the route.

Timing and application process

Approach SEEDS Capital or participating co-investment partners with the proposed investment round. Engagement is rolling and remains subject to investment approval.

Important programme distinctions

Shareholder dilution and the agreed investment terms are central to the decision. Startup SG Equity should not be presented as non-dilutive grant funding.

Official programme sources

enterprisesg.gov.sg (opens in a new tab)

Last verified: 28/10/2026