Provides innovative Singapore-based start-ups a matching dollar for every dollar an investor puts in your business, up to $1 million

If yours is an innovative start-up company that is developing innovative products or processes for the global market, you could qualify for SPRING SEEDS, a scheme that is for start-ups that are creating innovative or intellectual content with strong potential for success in the international markets. 

SPRING SEEDS Capital* will invest a matching dollar for every dollar an investor(s) puts in your business. Your investor must put in at least $75,000. SPRING SEEDS Capital will match the total sum dollar for dollar, from an initial S$300,000, and subsequently up to a maximum of $1 million. Both SPRING SEEDS Capital and the third-party investor(s) will take equity stakes in the company in proportion to their investments.

From 1 December 2008 to 30 November 2009, SPRING SEEDS Capital will match two dollars for every dollar raised by the company.

* SPRING SEEDS Capital is a subsidiary of SPRING Singapore.

Criteria for applicant

Start-up must:

SPRING SEEDS Capital will review its exit strategy if none of the above occurs during the five years that SPRING SEEDS Capital invested in your company. If SPRING SEEDS Capital decides to divest our shares, we will give your company and third-party investor(s) the right to purchase our shares based on the proportion of shareholding in your company. 

How-To Guide

Apply for SPRING SEEDS

For more information on government assistance programmes, please contact the EnterpriseOne hotline at Tel : (65) 6898 1800 or email enterpriseone@spring.gov.sg.

Alternatively, enquiries on SPRING SEEDS can be directed to SEEDS@spring.gov.sg