Is My Startup Eligible for the Startup SG Equity Programme?

Your startup is eligible if it:

• Is a Singapore-based company with core operations in Singapore

• Is incorporated as a private limited company for less than 10 years

• Has a paid-up capital of at least SGD 50,000

• Is in a deep-tech or general-tech growth sector

• Has secured investment from a qualified third-party investor who is willing to co-invest with the government

How Does the Co-Investment Process Work?

1. Secure a Lead Investor

First, your startup must secure investment from one or more third-party investors.

2. Investor Submits Application

The interested third-party investor(s) will then apply for co-investment to Startup SG.

3. Due Diligence

Startup SG will conduct due diligence on both the startup and the investors.

4. Investment

If approved, the government will co-invest on the same terms as the third-party investors.

What is the Funding Support?

The government typically invests in the following structures:

• 7:3 basis for the first SGD 250,000 raised

• 1:1 basis thereafter, up to a maximum of SGD 2 million per startup

For deep-tech startups, the government may invest up to SGD 8 million.

What Do Co-Investors Look For in a Startup SG Equity Deal?

Strong Market Traction

Demonstrate early but clear evidence of product-market fit, such as user growth, pilot customers, or initial revenue.

A Scalable Business Model

Investors need to see a clear path to significant growth and a large addressable market.

A Capable Management Team

The strength, experience, and commitment of the founding team are often the most critical factors in an investment decision.