Investors are an integral and essential part of a successful and thriving startup ecosystem. If not for investors, many novel ideas that have become part of our everyday lives would not have seen the light of day. Innovators need funds to develop and commercialise ideas; investors come with funds – a critical catalyst for startups. The Singapore government, as part of its comprehensive measures to stimulate the growth of innovative startups, has established Startup SG, an umbrella brand for Singapore startups under which all startup-related schemes are unified. One such scheme is Startup SG Equity, a co-investing scheme targeted to catalyse investments into innovation-driven Singapore-based technology startups. The scheme has replaced the former Business Angel Investor Scheme, withthe government setting aside S$200 million for it. Following is an overview of the scheme.
About Startup SG Equity
This scheme is to facilitate startups engaged in technology innovation to access funding from private investors. Getting investors to fund deep-tech innovation is usually challenging because the path to commercialisation of ideas is longer and arduous. In order to catalyse private investments in such technology-based startups, the Singapore government has launched this co-investment scheme.
Read more on how to apply for startup SG Equity at Singapore Company Incorporation.
