You have started, or intend to start, a private limited company registered with ACRA. The company must be less than 6 months on the date you apply.

You are eligible to apply if you meet the following qualifying criteria:

1) Your company raised funding of at least $100,000 from a government investment vehicle, venture capitalist (VC) or business angel that is recognised by a Singapore Government agency.

2) Your company is an existing incubate at an incubator or accelerator in Singapore that is recognised by the Government.

3) You have significant business experience or network and promising entrepreneurial track record of starting highly-scalable businesses and want to establish, develop and manage a new or existing business in Singapore.

You must fulfil any of the following:

• You have founded and sold a tech company.

• You have raised significant funding from investors for a current or past venture.

• You have been or are being incubated by an internationally renowned incubator or accelerator.

• You have strong industry networks and business contacts that are related to your proposed business.

• You have received recognition by a national body, recognised media publication or credible industry organisation for your professional, business or entrepreneurial achievements and track record.
  

1) You or your company holds an intellectual property (IP), registered with an approved national IP institution, which delivers a significant competitive advantage to your proposed business that cannot be easily replicated.

You must fulfil all of the following:

• Your IP must be registered with an approved national IP institution.
  

• Your IP delivers a competitive advantage to your proposed business and cannot be easily replicated.
  

• One of the shareholders or the company must be the owner of the IP.

• Expired IP can be considered as long as one of the shareholders is the inventor of the IP.

2) Your company has an ongoing research collaboration with a research institution under the Agency for Science, Technology and Research (A*STAR), an Institute of Higher Learning (IHL) in Singapore.

You must fulfil all of the following:

• The research collaboration must be related to your proposed business.

• The research institution needs to provide a contact person to verify details of the research collaboration.

• You must be involved with ongoing research collaboration.

• Contract of services is not considered to be research collaboration.

3) You have exceptional technical or domain expertise in an area related to your proposed business.

You must fulfil all of the following:

• Your area of expertise must be related to your proposed business.

• You have outstanding achievements or received international recognition in your area of technical or domain expertise.

You have a good track record of investing in businesses and want to grow new or,  

You are willing to invest a substantial amount of money in a local company and have a track record in one of the following:

• Investing in and driving the growth of highly-scalable businesses.
  

• Substantial experience (minimum 8 years) as a senior management professional or executive in a large corporation.