Summary:

Program Description

SIIRD seek to promote research and development in Singapore and Israel by helping Singapore-based and Israel-based companies with R&D Partner Search and providing up to US$1M in funding for joint R&D projects between them.

Since June 2011, the SIIRD programme has been broadened to include non-commercial Research and Development entities in Singapore (A*STAR research institutes, R&D entities in the Universities, Polytechnics, etc.).

Through joint R&D collaboration using SIIRD’s funding, companies have:

Created new/enhanced products and technology,
Expanded product portfolio for customers,
Created new markets, and
Shortened time to bring new/enhanced products and technology into the market

SIIRD offers 3 funding programs:

Full Scale

For project cost above US$400K with commercializable product or technology and project duration not more than 2 years in SIIRD.
Fund up to US$1M or 40% to 50% of the total qualified project cost, whichever is lower.
Fund up to US$30K for commercialization activities.

* In SIIRD the Fund is up to US$1M or 40% to 50% of the total qualified project cost, whichever is lower.

Mini Project

For project cost below US$400K with commercializable product or technology and project duration not more than 1 year.
Fund up to US$200K or 50% of the total qualified project cost, whichever is lower.
Fund up to US$30K for commercialization activities.

Feasibility Study 

For investigation project to determine the technical feasibility and market acceptability of a new product or process concept.
Fund up to $30K or 50% of the total qualified project cost, whichever is lower.

* This program is operated under the Authority’s incentive program for Bilateral Funds in Hebrew and the Israel-Singapore Fund (SIIRD). Please read the full details on the Fund’s website

For further information about SIIRD please refer to SIIRD’s website

Funding

Criteria

Application Process

Deadline for applications’ submission is February 25, 2021 at 12:00 PM (Israel time)

1. Discuss and Decide to Collaborate
   If there is interest to submit a project co-funding application to SIIRD, after their discussion on joint R&D collaboration, Companies are advised to contact the SIIRD Managers in the respective countries to understand more about the SIIRD Program and to share with the SIIRD Managers the proposed project in mind.
   It is recommended to submit an Executive Summary according to the forms on SIIRD’s website for initial feedback. Executive summaries shall be accepted for feedback up to 3 weeks before the deadline of the call for proposal.
2. Submit Full Proposal to SIIRD
   Both Companies shall work on the Full Proposal using SIIRD’s Guidelines and Templates. Both Companies can use the following checklist to double-check on the documents required for the official submission:
   • Full R&D Proposal with Project Gantt Chart, Project Members’ Resumes, Revenue Forecast Table and Audited Financial Reports of Each Company
   • Project Budget of Each Company
   • Other Supporting Documents, if any
     The finalised set of documents are to be submitted to SIIRD via Email and through IIA’s online application system.
3. Project Evaluation
   Following the Full Proposal Submission, Evaluation Meetings will be conducted in Singapore and Israel at the Companies’ premises respectively. Independent Reviewers and the SIIRD team will visit the Companies and presentation on the Project will be required from both Companies during the Meetings.
4. SIIRD Board Approval
   After the Project Evaluation, the Project Proposal will be presented to the SIIRD Board for approval. The SIIRD Board Meeting is convened twice a year. Approval’s decision of the SIIRD Board will be conveyed in writing to both Companies

For additional information regarding the submission process please refer to SIIRD website

The deadline for submission is ‏25/02/21 at 12:00 PM. The application process is detailed on the Israel-Singapore Fund (SIIRD)  website.

The applications need to be submitted by the Israeli companies and their foreign partners in collaboration.

Partner Search