Startup SG Founder provides S$50,000 in matched seed funding for first-time entrepreneurs with innovative business ideas. Start by checking that all founders meet the first-time entrepreneur rules, then shortlist an AMP and prepare for a 2-4 week application sprint.
What is Startup SG Founder?
Startup SG Founder is part of the Startup SG ecosystem managed by Enterprise Singapore. It provides mentorship and startup capital for first-time entrepreneurs.
Agency: Enterprise Singapore (EnterpriseSG)
Key benefit: Seed funding with mentorship support from Accredited Mentor Partners.
How to Apply
Step 1: Find an Accredited Mentor Partner (AMP)
You MUST apply through an AMP; there is no direct application to EnterpriseSG. AMPs are accelerators, incubators, and institutions approved by EnterpriseSG.
Visit the official Startup SG website to find the current list of AMPs.
Step 2: Prepare Your Application
Work with your chosen AMP to:
- Develop your business idea
- Complete required entrepreneurship training
- Prepare your pitch and business plan
Step 3: Submit Through Your AMP
Your AMP will guide you through the application process and submit on your behalf.
Key Requirements Overview
Startup SG Founder has specific requirements for:
- Founder eligibility (first-time entrepreneur criteria)
- Company registration status
- Local shareholding
- Commitment level
Important: Requirements change periodically. Always verify current eligibility criteria on the official Startup SG website before applying.
Official Resources
For the most accurate and up-to-date information:
- Startup SG Official Site: startupsg.gov.sg
- EnterpriseSG: enterprisesg.gov.sg/financial-support/startup-sg-founder
- Business Grants Portal: apply.gov.sg/grants/business
Who This Program is For
Ideal candidates:
- First-time entrepreneurs
- Innovative, scalable business ideas
- Willingness to work with mentors
- Singapore-based startups
Related Programs
Startup SG includes several programs beyond Founder:
- Startup SG Accelerator
- Startup SG Tech
- Startup SG Equity
Each serves different stages and needs. Visit the official Startup SG website to learn which program fits your situation.
Frequently Asked Questions
How much funding does Startup SG Founder provide?
Startup SG Founder provides up to S$50,000 in seed funding on a 1:1 matching basis. The government contributes up to S$30,000, and founders must match with their own investment of S$10,000-S$20,000.
Do I need to find a mentor before applying?
Yes, you must engage an Accredited Mentor Partner (AMP) before applying. There is no direct application to Enterprise Singapore. Your AMP will guide you through the process and submit the application on your behalf.
What if my company is already registered?
You can still apply if your company was incorporated within the last 6 months. Companies older than 6 months from ACRA registration date are not eligible.
Can I apply if I’ve started a business before?
No, Startup SG Founder is specifically for first-time entrepreneurs. If you have previously founded or co-founded a company, or held significant equity in a startup, you are not eligible.
How long does the mentorship last?
The mentorship period typically lasts 12-18 months, with regular check-ins and milestone reviews with your Accredited Mentor Partner.
Related Guides
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Grant Pitfalls Guide — common mistakes to avoid
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Singapore Grants Glossary — key terms and definitions
-
Corppass Setup Guide — how to set up BGP access
-
EDBI Investment — Growth-stage equity funding after Startup SG
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