Business Angel Scheme (BAS)
 
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 Business Angel Scheme (BAS)

 

Overview

In encouraging experienced angel investing, SPRING SEEDS Capital works closely with pre-approved private business angel investors to co-invest and nurture growth-oriented, innovative start-ups. Similar to the Startup Enterprise Development Scheme (“SEEDS”), this is an equity-based co-financing option for Singapore-based early-stage companies.

If the start-up is able to obtain investment interest and commitment from any of the business angel investors, SPRING SEEDS Capital could potentially match the intended amount (dollar-for-dollar) of up to a maximum of S$1.5 million. Both SPRING SEEDS Capital and the business angel investors will take equity stakes in the company in proportion to their investments.

Criteria

You may approach any of the business angel investors directly for their investment consideration, if your company meets the following :

  • must be Singapore-based with core activities carried out in Singapore
  • must be incorporated as a Private Limited company, and for less than 5 years
  • has paid-up capital of at least S$50,000
  • is able to evidence substantial innovative and intellectual content for its products and/or services and/or applications
  • has high growth potential with clear scalability for the global market

Participating Business Angel Investors

Please contact any of the angel investors below to register your interest.

BAF Spectrum Pte Ltd

Ms Jenny Law
Tel : (65) 6777 7139
Email : jennylaw@bafspectrum.com
Website : www.bafspectrum.com/
Sectors : Will consider startups from any sector EXCEPT Retail, F&B, Automotive, Aviation, Recruitment/ Talent Agencies, FMCG, Logistics, Education and Property Development

Accel-X Pte Ltd

Mr Edmund Yong
Tel : (65) 6516 5451
Email : admin@accel-x.com
Website : www.nus.edu.sg/enterprise/accelx.html
Sectors : Will consider startups from any sector which are potentially scalable

Jungle Ventures

Amit Anand
Email : amit@jungle-ventures.com
Sectors : New Media, ICT, Web, Mobile, Design, Consumer Products, Hospitality, Social Impact

Small World Group Angels

Ms Chong Chiet Ping
Email : chietping@smallworldgroup.com
Website : www.smallworldgroup.com
Sectors : Clean Tech, Optical Systems, Advanced Materials, Web, ICT

Individual Angels

Mr Choun Chee Kong
Email : cheekong@hotmail.com
Sectors : IT, Mobile Technology, Education
Need Assistance?
Contact EnterpriseOne
Contact EnterpriseOne

Hotline : (65) 6898 1800
Email : enterpriseone@spring.gov.sg
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Last Modified Date :25 Jan 2013