GAP Funding New

What is it about?

A total fund of up to $250,000 will be awarded which must be used to develop the IP into a working prototype, for product development, and/or perform market studies. This is a competitive grant in which proposals are evaluated based on technical, commercial feasibility, and the capability of the team by a review panel. An option for equity will be implemented to the receiver of the award.

 

 

Selected start-ups will receive dedicated mentorships, co-working space, and a regular 1 on 1 meeting with the Centre Director as part of the mentoring to meet project milestones.

What is it about
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Rules & Regulations

Funds will be disbursed through
reimbursement basis
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Awarded teams will be invited to sign a Term of Acceptance
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Only SUTD IPs are eligible to apply for SUTD Gap funding
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SUTD VIE reserves the right to make any changes on any guidelines and submission templates
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Eligiblity

right_arrowSUTD IP must form the core of the business.
right_arrowThe project applied must not been registered or incorporated.

right_arrow     Gap Funding is for SUTD faculty members and researchers to                    apply: 

  • A principal investigator from SUTD
  •  Researcher from SUTD
  • One team member as Entrepreneurial Lead
  • May include 1 or 2 other team members
right_arrowTeam must attend the National Lean Launchpad Program and other relevant programs in parallel with GAP Funding

Application Process

Research Commercialisation Projects