SPRING provides $6 million worth of grants to 15 technology start-ups

SPRING Singapore has awarded 15 technology start-ups with grants that totalling $6 million, under the Technology Enterprise Commercialisation Scheme. This scheme aims to bring highly innovative and impactful technologies that will change the way people live their lives, closer to the market.

The 15 selected projects cover a wide range of technology areas such as medical devices, electronics, engineering, water and environment and infocomm. SPRING has supported more than 150 projects totalling more than $50 million since the scheme was launched in 2008.

Said Ms Chew Mok Lee, Assistant Chief Executive of SPRING: "The scheme provides funding during the critical, pre-market stages to bridge the gap between an innovative technology idea and the market."

Start-ups which are interested to apply for the grant can submit their applications at www.spring.gov.sg/tecs