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StartupSG
Founder x ACE
As part of the StartupSG scheme, Startup SG Founder aims to provide mentorship support and startup capital grant to first-time entrepreneurs with innovative business concepts. The scheme provides up to $30,000 by matching $3 to every $1 raised by the entrepreneur.

SPRING Singapore will fund startups through Accredited Mentor Partners (‘AMPs’). AMPs will select applicants based on the uniqueness of business concept, feasibility of business model, strength of management team, and potential market value. Upon successful application, the AMP will assist the startups with advice, learning programs and networking contacts.

ACE has been identified as one of the AMPs for the Startup SG Founder.

Find out about the grant
Shortlisted applicants will be invited to present at an evaluation panel
A list of milestones will be agreed between the startup & Accredited Mentorship Partner (AMP)
Notification of Grant Award by SPRING Singapore
Complete the Startup SG Founder Application Form
Submit the endorsed copy to amp@ace.org.sg by the last Friday of every month, together with the following supporting documents:
  • Copy of your NRIC
  • ACRA e-statement
  • Business plans
  • CVs
Submission of application to SPRING Singapore
* Steps 2 to 5 take approx. 6 weeks

Find out about the grant

Complete the Startup SG Founder Application Form

Submit the endorsed copy to amp@ace.org.sg by the last Friday of every month, together with the following supporting documents:
  • Copy of your NRIC
  • ACRA e-statement
  • Business plans
  • CVs

Shortlisted applicants will be invited to present at an evaluation panel

A list of milestones will be agreed between the startup & Accredited Mentorship Partner (AMP)

Submission of application to SPRING Singapore

Notification of Grant Award by SPRING Singapore

Eligibility Criteria

Main applicant(s) must:
  • Be a first-time entrepreneur & Singaporean Citizen / PR
  • Hold more than 30% equity
  • Be a key decision maker and commit full time to the company upon acceptance of grant
In addition, the Startup Company must:
  • Be operating within six (6) months of incorporation at the point of application
  • Have minimum 51% Singaporean Citizen/ PR shareholding
  • Have business activities conducted wholly or mainly in Singapore
  • Have not received funding for the proposed business idea from another government organisation
  • Not be in areas such as cafes, nightclubs, lounges, bars, foot reflexology, massage parlours, beauty salons, gambling, prostitution, social escort, etc.
Find out more information on Startup SG Founder here.
Application Form
For enquiries and further assistance, please email amp@ace.org.sg.