Start-up Enterprise Development Scheme (SEEDS)

Qualifying companies:

• Start-ups in Singapore involved in developing new or better products, processes and applications
• The qualifying start-up is defined as a Company incorporated as a “Pte Ltd” in Singapore for not more than three years, with paid-up capital and non-current liabilities of not more than $500,000 and carrying out its core activities in Singapore

Criteria for 3rd party investor(s):

• Corporate or individual investor(s)
• Corporate investor(s) must be legal entities with a minimum paid-up capital of $500,000
• Individual investor(s) must not be related to the founder(s)
• Independent and objective
• Add value from management expertise, business contacts or technical expertise

Fund can be used for:
Developing innovative products or processes that can be marketed and sold globally