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, such as desired profile of the R&D partner and brief description of the proposed RD 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 us at siird@edb.gov.sg 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.

Who can apply?

The application must be jointly submitted by a Singapore-registered company and an Israel-registered company. Either company must not have more than 20% shareholding in the partnering company. The joint project must be undertaken in Singapore and Israel. At least 30% of the actual R&D work must be done in Singapore as well as in Israel. Technology and product developed must have potential for commercialization.

How does SIIRD funding work?

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 Calendar.

There are three types of funding schemes under SIIRD.

1. Feasibility Study
   Preliminary investigations to determine the technical feasibility or market acceptability of a new product or process concept. SIIRD can fund up to US$30,000 or 50% of the qualifying costs, whichever is lower.
   
   
2. Mini R&D Project
   Joint R&D project where the total qualifying cost is not more than US$200,000 and project duration is not more than one year. SIIRD can fund up to US$100,000 or 50% of the qualifying costs,  whichever is lower.
   
   
3. Full-Scale R&D Project
   Full-scale R&D project where the maximum duration of project is three years. SIIRD can fund between US$100,000 and US$750,000 (not more than US$500,000 in one year) or up to 50% of the qualifying costs, whichever is lower.

Click here to apply now.

Benefits of Joint R&D Collaboration

• Facilitates customisation or new products development
• Increases ability to create innovative product features
• Expands product portfolio for customers
• Creates opportunities for new markets breakthrough
• Results in shortened time to market

Benefits of Utilizing SIIRD Funding

• SIIRD shares companies' risk towards R&D projects
• SIIRD does not take equity in the funded companies
• SIIRD does not take Intellectual Property rights of developed products/technologies
• SIIRD does not require collateral from the companies

Repayment

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:

1. 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;
2. 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.