What is it about?
Research commercialisation grants of up to $250,000 each will be awarded to teams to develop SUTD IP into a working prototype with the intent of starting a spinoff company. Proposals are evaluated based on the technical innovation, commercial feasibility, and the capability of the team.
Teams will receive regular consultations and ecosystem support from our in-house venture partners and mentors-in-residence.
You can expect:
• Up to $250,000 funding
• In-house venture partner support
• Incubation Resources
• Tailored Programme guidance
• Investor pitching opportunities
• Team matching opportunities
Including but not limited to
- Does the research have scalable market potential in any of the identified markets?
- How different is the technology compared to what available in the market?
- Does the project have a clear technology development roadmap?
Capability of the Management Team
- Who are the team members and their respective roles?
What are the technical capabilities of the team members?
What commercial experience do the team members have?
Effective Project Outcomes
- Are the proposed project outcomes useful for the team to secure further runway?
Terms & Conditions
Awarded teams must go through and complete the ARISE (Accelerating Research and Innovation for SUTD Entrepreneurs) Programme
Awarded funds are subjected to indirect research cost and will be disbursed through reimbursements
Funds are to be utilized according to the list of fundable items and within the awarded project duration
SUTD VIE reserves the right to make any changes to any guidelines and submission templates
The project should not have been carried out by an incorporated company.
Call for proposal for the GAP Funding will be opened to SUTD faculty members and researchers in the first quarter of the year.
Submit your completed Project Proposal, Technology Disclosure form (if applicable) and Presentation Deck to firstname.lastname@example.org
An email confirmation will be sent to notify that your proposal has been received. If you did not receive any confirmation email, please check in directly with email@example.com.
Upon submission, VIE will assess the project eligibility. Shortlisted start-ups will be invited to submit their pitch deck and to be evaluated by a panel based on its technical feasibility and commercialization potential. Successful applicants will be directly contacted by VIE via call or email.