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Searching for R&D partners to complement your strengths in product development?
Looking for financial support in the joint R&D project with your partner?
SIIRD organises matchmaking opportunities between Singapore and Israeli companies in the field of
Research and Development. Interested companies can provide SIIRD with information on their R&D Partner Search Request Form, such as desired profile of the R&D partner and brief description of the proposed R&D project, so that SIIRD's offices in Singapore and Israel can help to locate potential R&D Partners.
At the same time, companies can refer to the list of companies from Singapore and Israel who have indicated interest to look for R&D partners. Please contact the SIIRD Management if you have identified suitable partners from the list and we will link you up with the relevant parties.
SIIRD also provides funding up to US$750,000 for joint R&D projects between companies based in Singapore and Israel. Interested companies are welcome to apply for this funding by following the instructions here. The submitted proposals will be subjected to evaluations by independent professionals from Singapore and Israel, after which the evaluated proposals will be submitted to SIIRD Board for approval. SIIRD Board convenes at least twice a year. For the latest submission deadline for proposals, please refer to the News and Calendar.
Qualifying costs include: Direct Manpower, Expendable Materials & Supplies, Consultancy Services, Subcontractors, Expenses for Travel between Singapore and Israel, and Depreciation or Leasing costs of Capital Equipment essential to the project.
- SIIRD shares companies' risk from R&D projects
- SIIRD does not require equity in the funded companies
- SIIRD does not share Intellectual Property Rights of developed products/technologies
- SIIRD does not require collateral from the funded companies
Should a project be successfully commercialised, SIIRD is entitled to repayment based on the product sales, up to 100% of the SIIRD funding or Conditional Grant. All repayment to SIIRD are considered as pre–tax expenses. Repayment shall be based on either of the following:
- The Conditional Grant shall be repaid in US Dollars at the rate of 2.5% of Gross Sales, until 100% of the Conditional Grant has been repaid or;
- When the following maximum percentages of the Conditional Grant have been repaid in any of the following years following the first commercial transaction, no additional payments to SIIRD on account of the Conditional Grant shall be required.
Years Following First
Commercial Transaction |
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Maximum Percentage of Conditional Grant and Other Sums to Be Repaid |
| 1 |
 |
68% |
| 2 |
|
76% |
| 3 |
|
82% |
| 4 |
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91% |
| 5 |
|
98% |
| 6 or more |
|
100% |
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