Technology Incubation Scheme

The Technology Incubation Scheme (TIS) was a government funding program of the National Research Foundation (NRF) of Singapore. The scheme was started in 2009 and ended on 30 June 2016.

Details of the Program

The TIS program selected funds that matched the following criteria:

Funds that can incubate and nurture young start-ups prior to venture capital funding.
The program matches investments up-to 85% co-funding of a private incubator (maximum S$500,000).
Incubators have the option to buy out NRF's equity of the company. Option is valid for 3 years (post TIS investment).

As of 1 August 2013, there are currently 14 approved funds to work with the Singapore Government as part of the program:

↑ "Technology Incubation Scheme Call for Proposal". Singapore National Research Foundation. Archived from the original on 6 September 2009. Retrieved 11 August 2013.
↑ "Is the sweet deal for start-ups over?". Retrieved 2 January 2019.
↑ "National Framework for Innovation and Enterprise". Singapore National Research Foundation. Retrieved 11 August 2013.{{cite web}}: CS1 maint: deprecated archival service (link)
↑ "List of Approved TIS Incubators" (PDF). Singapore National Research Foundation. Archived from the original (PDF) on 1 August 2013. Retrieved 10 August 2013.