A total of 5 prizes with total value of SGD 100k will be awarded for Trade and Connectivity Challenge 2020 - Enterprise Track. These prizes are:

In order to be eligible to participate in SLINGSHOT 2020, the winner will need to have completed all elements of the Competition application.

Startups must:

  • Have a minimum viable product (MVP)
  • Show initial signs of traction
  • Must have some technology or proprietary solutions

Eligibility Criteria for Startup SG Grant

  1. Main applicant(s) must:
    1. Dedicate a reasonable amount of their time on the business, not be employed full time by another employer and must be a key decision-maker in the company;
    2. Register / have registered a private limited company in Singapore upon approval.
  1. In addition, the startup company would need to meet the following conditions:
    1. Business activities run by the startup company should be conducted wholly or mainly in Singapore;
    2. The grant will be disbursed on an award basis, tied to the achievement of developmental milestones;
    3. Proposed business idea must not be in the following list: cafes, restaurants, night clubs, lounges, bars, foot reflexology, massage parlours, gambling, prostitution, social escort services, employment agencies (including recruiting foreign work permit holders and workers/ support staff, relocation services, and manpower services), and geomancy.

  2. This competition is open to the public including first-time and non-first-time entrepreneurs of any nationality.