SLINGSHOT 2023 - Deep tech startup pitching competition

Startup SG Grants

1. Dedicate a reasonable amount of my time on the business, not be employed full time by another employer, and must be a key decision-maker in the company;
2. Register / have registered a private limited company in Singapore.

1. Business activities run by my company should be conducted wholly or mainly* in Singapore;
2. Proposed business idea must not be in the following list: cafes, restaurants, night clubs, lounges, bars, foot reflexology, massage parlours, gambling, prostitution, social escort services, employment agencies (including recruiting foreign work permit holders and workers/ support staff, relocation services, and manpower services), and geomancy.
3. I understand that Enterprise Singapore reserves the right to change the terms and conditions of the grant as may be specified and deemed necessary.

Grant Mechanism

1. The Startup SG Grants will be disbursed in at least 2 tranches across a 12-month period and each tranche will be tied to a certain product or business development milestones that are agreed upon*.
2. You will be required to submit an application form (to be sent later to grant recipients) to an assigned case officer, which will include proposing product or business milestones for disbursement.
3. Case officers will then work with you to iron out these milestones and ensure they are aligned with your development plans yet commensurate with the grant amount given.
   
   

*Details to be worked out with Enterprise Singapore.

Cash Prizes

All cash prizes are subjected to prevailing government taxes, while any cost of telegraphic transfer is to be borne by the awardee.