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Next project proposal submission deadline is
16th January 2009
"To date, SIIRD has approved 79 R&D projects with a total research
investment of US$82.3 million." - Business Times, Singapore: November
28, 2008
"R&D partnerships between local and Israeli companies potentially
allow either party to compensate for their own technical limitations by
tapping on their partner's strengths - a win-win arrangement" -
Entrepreneur's Digest, Singapore: Oct, 2008
"The foundation's
website also sports a new "submit proposal" section that provides clear
outlines of application criteria, procedures and deadlines, for
companies' use when preparing their proposals." - Business Times,
Singapore: Aug 5, 2008
"FOUR Singapore-Israel joint research and development projects worth
some US$2.8 million have received fresh funding..." - TODAY, Singapore:
Apr 1, 2008
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Searching for R&D partners to complement your strengths in product development?
Looking for financial support in the joint R&D project with your partner?
SIIRD organises matchmaking
opportunities between Singapore and Israeli companies in the field of
Research and Development. Interested companies can provide SIIRD
with information on their R&D Partner
Search Request,
such as desired profile of the R&D partner and brief description of
the proposed R&D project, so that SIIRD's offices in Singapore and
Israel can help to locate potential R&D Partners.
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| Call For Proposals |
| SIIRD
is calling for a new round of proposals. The submission deadline for
the new round of project proposals is 16th January 2009. |
| Click here to submit proposal now |
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At the same time, companies can refer to the list of companies from Singapore and Israel who have indicated interest to look for R&D partners. Please contact us at siird@edb.gov.sg if you have identified suitable partners from the list and we will link you up with the relevant parties.
SIIRD also provides funding up to US$750,000 for joint R&D projects
between companies based in Singapore and Israel. Interested companies
are welcome to apply for this funding by following the instructions here.
The application must be jointly submitted by a
Singapore-registered company and an Israel-registered company. Either
company must not have more than 20% shareholding in the partnering
company.
The joint project must be
undertaken in Singapore and Israel. At least 30% of the actual R&D
work must be done in Singapore as well as in Israel. Technology and
product developed must have potential for commercialization.
The submitted proposals will be subjected to evaluations
by independent professionals from Singapore and Israel, after which the
evaluated proposals will be submitted to SIIRD Board for approval.
SIIRD Board convenes at least twice a year. For the latest submission
deadline for proposals, please
refer to the Calendar.
There are three types of funding schemes under SIIRD.
- Feasibility Study
Preliminary investigations to determine the technical feasibility
or market acceptability of a new product or process concept. SIIRD
can fund up to US$30,000 or 50% of the qualifying costs, whichever is lower.
- Mini R&D Project
Joint R&D project where the total qualifying cost
is not more than US$200,000 and project duration is not more than
one year. SIIRD can fund up to US$100,000 or 50% of the qualifying costs, whichever is lower.
- Full-Scale R&D Project
Full-scale R&D project where the maximum duration of project
is three years. SIIRD can fund between US$100,000 and US$750,000
(not more than US$500,000 in one year) or up to 50% of the qualifying costs, whichever is lower.
Qualifying costs include: Direct Manpower, Expendable Materials &
Supplies, Consultancy Services, Subcontractors, Expenses for Travel
between Singapore and Israel, and Depreciation or Leasing costs of
Capital Equipment essential to the project.
Click here to apply now.
- Facilitates customisation or new products development
- Increases ability to create innovative product features
- Expands product portfolio for customers
- Creates opportunities for new markets breakthrough
- Results in shortened time to market
- SIIRD shares companies' risk towards R&D projects
- SIIRD does not take equity in the funded companies
- SIIRD does not take Intellectual Property rights of developed products/technologies
- SIIRD does not require collateral from the companies
Should a project be successfully commercialised, SIIRD is entitled
to repayment based on the product sales, up to 100% of the SIIRD
funding or Conditional Grant. All repayment to SIIRD are considered
as pre–tax expenses. Repayment shall be based on either of
the following:
- The Conditional Grant shall be repaid in US Dollars at the rate
of 2.5% of Gross Sales, until 100% of the Conditional
Grant has been repaid or;
- When the following maximum percentages of the Conditional Grant
have been repaid in any of the following years following the first
commercial transaction, no additional payments to SIIRD on account
of the Conditional Grant shall be required.
Years Following
First Commercial
Transaction |
Maximum Percentage
of
Conditional Grant and
Other Sums to be Repaid |
| 1 |
68% |
| 2 |
76% |
| 3 |
82% |
| 4 |
91% |
| 5 |
98% |
| 6 or more |
100% |
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