Innovation & Technology Transfer Office

Type

Scope of Assistance

Criteria

Organisation & Contact

Innovation Development Scheme (IDS)

The IDS provides assistance through grants to cover a percentage of the qualifying cost of the project.

Major allowable costs include:

1. Manpower-Related Costs - 50% support
2. Equipment & Materials - 30% support
3. Professional Services - 50% for Local support; 30% for Foreign support
4. Intellectual Property Rights - 30% support

Disbursement of Grants:
The grant is disbursed to the company on a reimbursement basis.

All Singapore-registered business enterprises are eligible to apply.

The proposed project must meet the following criteria:

1. Project should involve product or process innovation which lead to significant improvements in productivity and value added per worker; OR lead to tangible outcomes such as additional investments for the new products, introduction of new services or adoption of new technology.
2. Project should lead to significant contribution to the relevant industry or cluster.
3. Project must not have commenced at the time of application.

Applications must be made on prescribed application forms and sent to “The Scheme Administrator, Innovation Development Scheme” of only ONE of the following Statutory Boards:

Economic Development Board
Website: www.sedb.com

Trade Development Board (for Trade-related Projects)
Website: www.tdb.gov.sg

Singapore Tourism Board (for Tourism-related Projects)
Website: www.stb.com.sg

Infocomm Development Authority of Singapore (for Software-related Projects)
Website: www.ida.gov.sg

Building and Construction Authority (for Construction-related Projects)
Website: www.bca.gov.sg

Singapore Productivity and Standard Board (for SME Projects)
Website: www.psb.gov.sg

Type

Scope of Assistance

Criteria

Organisation & Contact

Patent Application Fund PLUS (PAF Plus)

This scheme helps covers some of the costs of filing patent applications.

The fund covers professional and official fees and other related charges of patent filing, but not the cost of maintaining a lapsed patent application due to negligence, the defence of a patent, R&D costs, and charges arising from the transfer of rights.

The PAF PLUS grant shall be disbursed to applicants on a reimbursement basis in:

Stage 1:
50% of the actual cost incurred up to S$5,000.

Stage 2:
50% of the actual fundable cost incurred up to S$25,000.

Individual:
Must be a Singapore citizen or permanent resident.

Corporate:

For Singapore-based locally owned companies:

1. At least 30% local equity.
2. *Fixed assets not exceeding S$15 million for manufacturing companies.
3. Employment size not exceeding 200 workers for non-manufacturing companies.

For Singapore-based foreign owned companies:

1. *Fixed assets not exceeding S$15 million for manufacturing companies.
2. Employment size not exceeding 200 workers for non-manufacturing companies.
3. R&D conducted in Singapore.

* Note:
Fixed asset is defined as net book value of factory building, machinery and equipment.

Other conditions:

1. The economic benefits arising from the commmercialisation of the patent must be accrue to Singapore.
2. Applicants should not be receiving any other Government/Statutory Board financial aid to defray the cost of patent filings for the same invention.
3. Applicants have not and will not be claiming the “Single Tax Deduction for Patenting Cost” for the same invention.
4. The applicant(s) must be the official assignee(s)/owner(s) of the patent/patent application.

Singapore Economic Development Board (EDB)
Intellectual Property Strategic Business Unit

250 North Bridge Road
#24-00 Raffles City Tower
Singapore 179101

Tel: (65) 6336 2288
Fax: (65) 6334 2767
E-mail: IP_enquiry@edb.gov.sg

Webiste:
www.sedb.com

Type

Scope of Assistance

Criteria

Organisation & Contact

The Biomedical Sciences Proof of Concept (BMS POC) Scheme

BMS POC aims to provide pre-seed funding to support the development of early ideas that are patentable, and could lead to the formation of new start-ups or licensing deals with biomedical sciences companies.

The POC provides up to S$300,000 grant support per project for up to 12 months.

Supportable categories are:

• R&D manpower-related costs.
• R&D subcontracting services.
• Market assessment.
• Patent costs.
• Travels costs that are related to POC commercialization.

Only eligible expenses incurred after POC application can be supported.

The proposed POC project must meet the following criteria:

1. Pre-commercial activities undertaken at Singapore-based academic institutions. Employees of polytechnics, universities, hospitals, specialty centres and A*STAR-funded research institutes are eligible to apply (as Principal Investigator or PI).
2. At the time of application, the PI must have secured a potential biomedical sciences industrial partner or investor with credible track record for the project to be commercialized.
3. No employees of companies or business entities are eligible to apply.
4. The proposed project must fit the proof of concept criteria and be under one of the supportable area.

Biomedical Sciences Proof of Concept Scheme
c/o Biomedical Sciences Group
Singapore Economic Development Board

20 Biopolis Way
#09-01 Centros
Singapore 138668

Tel: (65) 6395 7700
Fax: (65) 6395 7797

Websites:
www.sedb.com
www.biomed-singapore.com