Startups
2025
Funding

Best Grants for Startups in Singapore (2025)

Complete guide to funding options for early-stage companies

Updated January 2025
10 min read

Singapore offers some of the most comprehensive startup support programs in Asia. From founding grants to growth capital, there are multiple funding pathways for entrepreneurs at every stage. This guide compares the key grants and funding options available to startups in Singapore.

Quick Comparison

FeatureStartup SG FounderSEEDS CapitalEDG
Funding AmountS$50K (+ S$20K co-match)Up to S$2MUp to 50% of costs
StagePre-revenueEarly revenueGrowth stage
Equity RequiredNoYesNo
First-time FounderYesPreferredNo requirement
Mentorship IncludedYesYesNo
Tech Focus RequiredInnovation focusTech/deep-techAll sectors
Application ComplexityMediumHighHigh

Pros and Cons

Startup SG Founder

Pros
  • Non-dilutive funding (no equity given up)
  • Includes mentorship from accredited partners
  • Designed for first-time founders
  • Helps validate business concept
  • Access to startup ecosystem
Cons
  • Relatively small amount (S$50K)
  • Requires S$20K co-match from founder
  • Only for very early stage
  • Must be committed full-time
  • Cannot have other full-time employment

SEEDS Capital

Pros
  • Larger funding (up to S$2M)
  • Comes with investor validation
  • Access to investor networks
  • Follow-on funding possible
  • Strong deep-tech focus
Cons
  • Equity investment (dilution)
  • Highly competitive
  • Longer due diligence process
  • Need existing traction
  • Tech/deep-tech focus required

Which Funding is Right for Your Startup?

The best funding option depends on your stage, traction, and willingness to give up equity.

You're a first-time founder with a new idea

Apply for Startup SG Founder

Learn more
You have early traction and need growth capital

Consider SEEDS Capital or angel investors

Learn more
You're an established startup (3+ years) seeking transformation

Apply for EDG

Learn more
You need specific IT solutions quickly

Start with PSG for immediate needs

Learn more

Frequently Asked Questions

Yes, if you meet the SME criteria (≤200 employees, ≤S$100M revenue, 30% local shareholding). Many startups use PSG for initial digitization needs.

Strong applications show innovative ideas, clear market opportunity, capable founding team, and realistic go-to-market plans. Mentorship partner endorsement is crucial.

SEEDS Capital focuses on technology and deep-tech startups, including AI, biotech, cleantech, and advanced manufacturing. Traditional businesses may not qualify.

Yes, but not for the same expenses. Many startups combine Startup SG Founder for initial validation, then PSG for tools, and eventually EDG for growth.

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