For who?

• All small and medium enterprises (SMEs).
  
  
• Your business qualifies as a SME if:
  
  
  • your business is registered in Singapore
  • 30% - 100% of your shareholding is local
  • you have 0 - 200 employees (for non-manufacturing companies)*

*Computed on a group basis. Where 20% - 100% of your shares are owned by companies, the total value of your fixed assets and employees is calculated three levels up. Where your company owns 51% - 100% of another company (subsidiary), your subsidiary's fixed assets and employees will also be added to the computation.

For what?

• To help SMEs use intellectual property (IP) to thrive and grow. Under IPM, you will learn how to create, own, protect and commercialise your IP, e.g. brands, designs, trade secrets and customer relation systems.
  
  
• You can use the grant to subsidise the cost of:
  
  
  • IP Consultancy Projects (Phase 1)
    Legal and business experts identify the strengths and weaknesses of your IP strategy and systems using a tool known as SCOPE IP^TM.
    
    
  • IP Implementation Projects (Phase 2)
    You improve your IP strategy and systems based on the strengths and weaknesses identified in Phase 1.

How much?

• Phase 1 - Up to 50% of the consultancy fees.
  
  
• Phase 2 - Up to 50% of the qualifying costs of implementation projects. Qualifying costs include costs related to manpower, equipment, materials, consultants and IP rights.

Things to note

• The grant is given on a reimbursement basis. You need to pay for all the costs upfront and claim for the funds after your project is completed.
  
  
• To find a consultant for Phase 1, please contact the Intellectual Property Office of Singapore (IPOS).
  
  
• Examples of IP implementation projects:
  
  
  • IP Audit
  • IP Education and Training
  • IP Intelligence and Research
  • IP Portfolio Management
  • IP Strategy
  • IP Valuation
  • Licensing

Facts & Figures

• S$9 million dollars has been set aside for IPM.
  
  
• Some 200 SMEs are expected to benefit from the funds over 2 years.

For more information