Innovation Funds is dedicated to help SMU community build prototypes of their innovation. These prototypes may be used to raise funds for innovative start-ups.

Startup SG Founder Grant

Startup SG Founder aims to provide mentorship support and startup capital grant to first-time entrepreneurs with innovative business concepts. The scheme provides up to $30,000 by matching $3 to every $1 raised by the entrepreneur.

Acceleration Grant

IIE’s Acceleration Grant provide startups with additional funding to support the growth of their startup. Up to $10,000 will be awarded to startups who display promise in terms of growth and development.

Ideation Grant

Ideabox provides $1000/team in funding support to prototype and market-test venture ideas created in the School of Business’ Entrepreneurship Practicum (MGMT 327) and the School of Information Systems’ Upper Year Capstone Projects (IS480).

HSBC-Sustainability Grant

With HSBC’s support, the Sustainability Grant provides sustainability-related startups with up to $25,000 in seed money. The funding can be used to accelerate the startups in their journey towards integrating sustainable practices and business models. The grant is up to $25,000 and will be disbursed in two tranches.

Startup SG Entrepass

SMU Institute of Innovation & Entrepreneurship has been appointed as an Startup SG EntrePass Partner. An international entrepreneur who is enrolled in SMU Institute of Innovation & Entrepreneurship’s incubation/acceleration programme, or whose startup has received investment from SMU Institute of Innovation & Entrepreneurship, will be eligible for this privilege.

SG:D Park

The SG:D Spark Programme is aimed at addressing the key challenges and supporting the growth of promising Singapore-based ICM startups through selected Government tools as well as creation of a vibrant, collaborative ecosystem and network.


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