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 provides mentorship support and startup capital grant to first-time entrepreneurs with innovative business concepts. The scheme will provide the startups with a startup capital grant of $50,000. Startups are required to raise and commit S$10,000 as co-matching fund to the grant.
IIE Acceleration Grant
IIE Acceleration Grant provides 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.
HSBC-SMU Sustainability & Innovation Grant
Open to SMU and non-SMU startups, the HSBC-SMU Sustainability & Innovation Grant aims to support sustainability-related startups in the MVP and growth stage. Selected startups will be awarded $30,000 each, equity-free, and be embraced in IIE’s incubation programme at SMU’s Business Innovations Generator (BIG). **APPLICATIONS CLOSED FOR HSBC-SMU Sustainability & Innovation Grant**
Startup SG Entrepass
SMU Institute of Innovation & Entrepreneurship has been appointed as a 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.
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.