Singapore Israel Industrial Research And Development Foundation (SIIRD)
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Get up to US$750,000 to jointly develop products, solutions or technology with high-tech Israeli companies.
For who?
- Singapore-registered companies that wish to partner Israel-registered companies to develop new products, solutions or technology.
- Applications must be submitted jointly by the Singapore company and her Israeli partner. Either company should not own more than 20% of the shares in the other company.
For what?
- To encourage Singapore companies to develop new products, solutions and technologies together with high-tech Israeli companies by funding:
- Feasibility Studies to determine the technical feasibility or market acceptability of the new product, solution or technology.
- Mini R&D Projects to jointly develop within 12 months, new products, solutions or technology that can be commercialised.
- Full-Scale R&D Projects to jointly develop new products, solutions or technology that can be commercialised. The maximum duration of the project is 3 years.
- To help Singapore companies find suitable partners in Israel and expand their network abroad by providing matchmaking services.
How much?
- Funding for projects are as follows:
- Qualifying costs include:
- direct manpower
- expendable materials & supplies
- consultancy services
- subcontractors
- travel expenses between Singapore and Israel
- depreciation of capital equipment essential to the project
- cost of leasing capital equipment essential to the project
- Matchmaking services are provided for free to Singapore companies who wish to find suitable Israeli partners. You can:
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