Raise funds for your start-up. For every S$1 invested by Business Angel Funds, SEEDS Capital will invest S$1. The maximum investment by SEEDS Capital is S$1 million.

As part of the business financing enhancements, BAS will be enhanced from 1 December 2008. See Fact Sheet for the changes.

• Singapore-incorporated start-ups who are less than 5 years old and engaged in developing new or better products, processes and applications.
  
  
• Innovations can be in the form of technology, business processes or business formats.

• To encourage proactive business angel investments in innovative seed or early stage start-up companies.
  
  
• Pre-approved Business Angel Funds will have their investments in start-ups matched dollar-for-dollar by SEEDS Capital*.
  

* SEEDS Capital is a subsidiary of SPRING Singapore.

How much?

• The minimum investment per start-up by the Business Angel Fund must be at least S$75,000.
  
  
• SEEDS Capital will match the investment dollar-for-dollar up to a maximum of S$1 million.

• Start-ups who have already received funding under SEEDS or Growth cannot apply under BAS.
  
  
• BAS is similar to SEEDS in its aims. The two equity funding schemes work together to help fund start-ups.