Singapore–Israel Industrial RD Programme

Singapore–Israel Industrial R&D Programme

For local startups to partner with Israel companies on joint innovation projects for R&D, commercialisation and business expansion.

For Singapore companies, up to 66% of project costs may be supported. Singapore enterprises and their Israel counterpart(s) should put in a joint application for the proposal to be considered.

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About this programme

SIIRD is a co-operation between EnterpriseSG and the Israel Innovation Authority (IIA) to promote, facilitate and support joint R&D collaboration between Singapore and Israel companies across different industries. These joint projects should involve the development of new or enhanced products and technology with strong market potential.

Singapore companies keen to collaborate on an R&D or pilot project with Israel companies can now receive support by participating in SIIRD's funding schemes.

About IIA

The Israel Innovation Authority (IIA), responsible for the country’s innovation policy, is an independent and impartial statutory public entity that operates for the benefit of the Israeli innovation ecosystem and Israeli economy. Its mission is to invest in innovation in order to promote sustainable and inclusive growth.

IIA functions as an enabler with all things related to the Israeli innovation ecosystem. It provides conditional grants to support disruptive technological innovations as well as engaged in creating the groundwork and infrastructure to prepare for future technologies in order to maintain technological and economical leadership as well as improve productivity and global competitiveness of the Israeli economy.

IIA provides a variety of practical tools and funding platforms aimed at addressing the dynamic and changing needs of the local and international innovation ecosystems.

Key features

  • Up to US$50,000 of co-funding support for Feasibility Studies
  • Up to 50% of total qualified project costs or US$1.5 million of co-funding support for R&D projects
  • Up to 50% of total qualified project costs or US$1 million of co-funding support for pilot projects
  • Up to 66% of total qualified project costs or US$3 million of co-funding support for projects approved under the Strategic Sector Programme
  • Open to projects from any industry sector

Eligibility

All Singapore companies must meet all of the following eligibility criteria in order to apply:

  • The application must be jointly submitted by a Singapore-registered company and an Israel-registered company
    Either company must not have more than 20% shareholding in the partnering company.
  • The joint project must be undertaken in Singapore and Israel, with at least 30% of the actual Research & Development work done in Singapore and Israel respectively
  • Technology and product developed must have potential for commercialisation
  • Be a business entity registered and operating in Singapore
  • Have at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
  • Be financially ready to start and complete the project
  • Companies must cooperate on a joint innovation project that will focus on developing innovative products and applications within civillian purposes

How to apply

To submit an application, both Singapore and Israeli companies must complete and submit a joint project proposal by filling in the template for the corresponding grant category, which can be downloaded from the SIIRD website here.

*Concurrently, Israeli companies will have to adhere to the additional application requirements outlined by IIA. Both the IIA and BGP submissions have to be completed for the SIIRD application to be considered complete.

1. Preliminary Assessment Form

  1. For Strategic Sector Programme Grants for Healthtech Projects: Submit the preliminary assessment form here by 28 June 2024.
  2. For Feasibility Study Project Grant, R&D Project Grant, and Pilot Grant: Submit the preliminary assessment form here by 1 Sep 2024.

2. Full Application

After submitting the preliminary assessment form, you will be notified to submit the full application via the Business Grants Portal (BGP) with the following documents:

  • Latest ACRA business profile (retrieved within six months from application date)
  • Applicant’s latest and previous two years audited financial statements (Company and Group level), or official management account
  • Joint Project Proposal (template downloadable from the SIIRD website here)
  • Supplementary Project Proposal Form (please find the template here)
  • Relevant key quotations (e.g. equipment and software, materials and consumables, professional services)

  1. For Strategic Sector Programme Grants for Healthtech Projects: Submit the full application on BGP by 4 July 2024.
  2. For Feasibility Study Project Grant, R&D Project Grant Submit the full application on BGP by 8 Sep 2024.

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Singapore–Israel Industrial RD Programme

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