Startup SG 2025: Starting a business is like jumping off a cliff and building your parachute on the way down. It’s thrilling, terrifying, and full of unknowns. But if you’re an entrepreneur in Singapore, you’ve got a fantastic safety net in the form of Startup SG. This government initiative is all about giving startups the boost they need to turn bold ideas into thriving businesses. Whether you’re dreaming of launching a tech startup, a cozy café, or something totally out-of-the-box, Startup SG has programs designed to help you succeed.
What is Startup SG?
Startup SG is Singapore’s flagship program to support startups and small businesses. Launched by Enterprise Singapore (EnterpriseSG), it’s a one-stop platform that brings together a range of grants, mentorship opportunities, and networking resources. Think of it as a toolbox for entrepreneurs, packed with everything from funding to expert advice to help you navigate the wild world of starting a business. The program is a collaboration between EnterpriseSG, the Economic Development Board (EDB), and other partners like the Action Community for Entrepreneurship (ACE.SG). It’s designed to make Singapore a global hub for innovation, and it’s doing a pretty great job at it.
The beauty of Startup SG is that it’s not just about throwing money at businesses. It’s about creating an ecosystem where startups can grow, connect with investors, and even expand overseas. Whether you’re at the idea stage or ready to scale globally, there’s something in Startup SG for you.
The Programs Under Startup SG
Startup SG isn’t a single grant or scheme—it’s a collection of programs tailored to different needs. Here’s a rundown of the main ones, based on the latest information:
1. Startup SG Founder Grant
This is the go-to for first-time entrepreneurs. If you’re new to the startup game and have a brilliant idea, this grant can give you the financial push to get started. It’s all about turning your minimum viable product (MVP) or early concept into something real.
- What You Get: Up to S$50,000 in funding, matched 1:1 with your own investment (so you’ll need to put in some of your own cash too).
- Who’s Eligible:
- You need to be a first-time entrepreneur and a Singapore citizen or permanent resident.
- Your startup must be less than five years old and based in Singapore.
- The business should have a scalable, innovative idea with global market potential.
- You’ll need to commit to running the business full-time.
- How It Works: The grant is milestone-based, meaning you get the funds as you hit specific goals, like developing a prototype or securing your first customer. You’ll also get paired with a mentor from an accredited incubator to guide you.
2. Startup SG Tech Grant
If your startup is working on cutting-edge technology—like AI, blockchain, or biotech—this one’s for you. The Startup SG Tech Grant supports businesses developing proprietary tech with high growth potential.
- What You Get: Up to S$250,000 for Proof-of-Concept (POC) or S$500,000 for Proof-of-Value (POV) projects. These funds cover things like R&D, equipment, and software costs.
- Who’s Eligible:
- Your company must be registered in Singapore, with at least 30% local shareholding.
- The tech must be innovative, with a clear competitive edge.
- You need a strong team with the technical know-how to pull it off.
- How It Works: You’ll need to submit a detailed proposal outlining your tech and business plan. If approved, funds are disbursed based on project milestones, ensuring you’re making progress.
3. Startup SG Equity
This program is for startups with big ambitions and the potential to make waves globally. The government co-invests with private investors to give your business a serious financial boost.
- What You Get: The government can invest up to S$4 million alongside third-party investors, with a cap of S$8 million for deep-tech startups.
- Who’s Eligible:
- Your startup must be Singapore-based with at least 30% local shareholding.
- You need a strong business model and a clear path to global markets.
- You must already have interest from a qualified investor willing to co-invest.
- How It Works: EnterpriseSG matches investments from private venture capital firms or angel investors, reducing the risk for investors and giving you more capital to grow.
4. Market Readiness Assistance (MRA) Grant
Dreaming of taking your business global? The MRA Grant helps startups expand into new overseas markets by covering costs like market research, promotion, and setting up shop abroad.
- What You Get: Up to 50% of eligible costs, capped at S$100,000 per company per new market.
- Who’s Eligible:
- Singapore-registered businesses with a global HQ in Singapore.
- Your business should be new to the target market and have a clear expansion plan.
- You need to show financial stability and a turnover of less than S$100 million annually.
- How It Works: You apply through EnterpriseSG, detailing your expansion plans. If approved, you get reimbursed for costs like trade fairs, advertising, or legal fees in the new market.
5. SkillsFuture Enterprise Credit (SFEC)
Announced in Budget 2025, the redesigned SFEC is set to roll out in 2026. It’s all about helping startups train employees to hit the ground running.
- What You Get: Up to S$10,000 in credits to cover up to 90% of training costs for employees.
- Who’s Eligible:
- Singapore-registered businesses employing at least three workers.
- The training must be relevant to your business needs, like upskilling staff in tech or operations.
- How It Works: Credits can be used for approved training programs, helping you build a skilled team without breaking the bank.
Payment Dates and Processes
One of the best things about Startup SG is that it’s designed to be straightforward. Most grants don’t have fixed payment dates because they’re tied to your progress. For example, the Startup SG Founder and Tech grants are disbursed as you hit milestones, like completing a prototype or launching a product. Once your application is approved, you’ll work with Enterprise SG or your mentor to set these milestones, and funds are released as you achieve them—usually within a few weeks of verification.
For the MRA Grant, payments are made as reimbursements after you submit proof of expenses, typically within a couple of months. The SFEC, launching in 2026, will likely follow a similar reimbursement model, with details to be confirmed closer to the rollout. To stay on top of things, make sure your paperwork is in order and keep in touch with EnterpriseSG for updates.
How to Apply and What to Watch Out For
Applying for Startup SG programs is done through EnterpriseSG’s website (www.enterprisesg.gov.sg). You’ll need to submit a detailed business plan, financial projections, and proof of eligibility (like incorporation documents or team resumes). The process is competitive, so make sure your application stands out by highlighting your innovation and market potential.
A few tips to boost your chances:
- Be Clear and Concise: Explain why your idea is unique and how it’ll succeed.
- Show Commitment: For grants like Startup SG Founder, prove you’re all-in by committing full-time to the business.
- Leverage Mentors: Many programs pair you with mentors or incubators—use their expertise to refine your pitch.
- Watch for Scams: Stick to official .gov.sg websites for applications. Avoid any unsolicited messages claiming to offer grants, and never share personal details via unofficial channels.
Why Startup SG Matters
Singapore’s startup scene is buzzing, and Startup SG is a big reason why. By offering funding, mentorship, and global connections, it’s helping entrepreneurs turn dreams into reality. Whether you’re a first-time founder or a seasoned innovator, these programs can give you the resources to grow without the overwhelming financial burden. Plus, with Singapore’s reputation as a business-friendly hub, you’re starting from a strong foundation.
The latest updates, like the redesigned SFEC in 2026, show the government’s commitment to keeping the program relevant. It’s not just about money—it’s about building a community where startups can thrive, collaborate, and compete on a global stage. So, if you’ve got an idea burning a hole in your pocket, now’s the time to explore Startup SG. Check out www.enterprisesg.gov.sg, polish your business plan, and take that leap. Your startup journey might just be one grant away from liftoff.
