Puneet Varma (Editor)

Technology Incubation Scheme

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The Technology Incubation Scheme (TIS) is a government funding program of the National Research Foundation (NRF) under the Singapore Government.

Contents

Details of the Program

The TIS program selected funds that matched the following criteria:

  • Funds that can incubate and nurture young start-ups prior to venture capital funding.
  • The program matches investments up-to 85% co-funding of a private incubator (maximum S$500,000).
  • Incubators have the option to buy out NRF’s equity of the company. Option is valid for 3 years (post TIS investment).

    • Incubators accepted into the Program

    As of August 1, 2013, there are currently 14 approved funds to work with the Singapore Government as part of the program:

  • The Biofactory
  • Clearbridge Accelerator
  • Get2Volume
  • Golden Gate Ventures
  • Incuvest
  • Jungle Ventures
  • Plug&Play Singapore
  • Red Dot Ventures
  • Small World Group
  • Stream Global
  • Silicon Straits
  • TechCube8
  • TNF Ventures
  • Wavemakers Labs

    • Funded under Technology Incubation Scheme

  • Rainmaker Labs - Singapore Mobile App Development Company

    • References

    Technology Incubation Scheme Wikipedia
    (Text) CC BY-SA