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Growth Financing Programme (GFP)
Qualifying companies:
For Singapore-based companies in the early growth stages that have the potential to become globally competitive enterprises.
The growth company’s business activities should have:
- Substantial innovative or intellectual content
- High growth potential
- Scalability for the international market
Qualifying 3rd party investor(s):
- Either corporate or individual investor(s) who have no prior interest in the company at the point of application
- Corporate investor(s) must be legal entities with a minimum paid-up capital of S$500,000.
- Individual investor(s) must meet all the following criteria:
- Possess management experience, business contacts or technical expertise that can add value to the start-up
- Not be related to the founder(s) of the start-up
- Not be an undischarged bankrupt
- Maintain arms length transactions with the founder(s)
Fund can be used for: Companies that have successfully completed their product development with early customer traction can apply for equity financing for business expansion activities through this programme
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