FAQ

You can apply either way - as an individual or with a team of up to 4 members.

We aim to support deep-tech based startups with good market and business potential. We're particularly interested in leveraging technologies from Singapore's Autonomous Universities to address unmet market needs. If your idea aligns with these objectives, we'd love to hear from you.

We're sector-agnostic. We assess your project based on its commercial potential rather than its industry.

We expect you to commit enough time to achieve the programme goals during the 4-month venture creation training. Your team must maintain at least 80% attendance in both Phase 1 and Phase 2 Bootcamp. You'll also need to complete critical assignments to progress through our programme structure.

Unfortunately, no. We don't provide salary for participating in National GRIP.

As a technology founder, we expect you to conceptualize the prototype and define its specifications based on market inputs. However, our MVP Studio Engineers are available for additional support, and we have prototyping partners who can help build based on your concept.

Currently, we don't provide physical workspace due to resource constraints.

You're not restricted from working with any vendors who can meet your needs

IP generated through our programme (foreground IP) will be owned by NGRIP. If the foreground IP involves inventive contribution from a third party, it may be co-owned between National GRIP and that third party.

Yes! Our 4-month venture creation programme provides the necessary knowledge. We'll assign you a Commercial Champion (business mentor) and a Venture Advisor to work alongside you. You'll also have access to our extensive market research database for secondary research.

Yes, National GRIP has an extensive entrepreneurship support system, including various programmes from NUS and NTU that your startup can benefit from.

Our funding is structured as a convertible loan with no valuation cap. It will be converted into equity at a 20% discount during one of your investment rounds where the valuation is set by the lead investor.

The investment funds should support your company's critical development and operation costs to help you reach milestones necessary for securing further funding.

Yes, we'll help connect you to funding and investment sources, provide advice on grant applications, and assist with investment presentation deck preparation.

Yes, absolutely! Your idea will be evaluated as part of the application process.

Yes, that's possible, but you should remain the main commercialization lead of the project.