Singapore-Israel R&D Foundation (SIIRD) – Call for Proposals
תיאור הקול הקורא
The Singapore Israel Industrial R&D Foundation (SIIRD) is a co-operation between the Singapore Enterprise Singapore (ESG) and the Israel Innovation Authority to promote, facilitate and support joint industrial R&D collaboration between Singapore-based companies or Singapore-based research and development entities, and Israel-based companies across different industries.
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:
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.
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.
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
- 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.
- Companies must have the ability to fund the supplementary portion of their project budget after a grant.
- Technical Capabilities
- Financial Capability
- Commercialization/Marketing Capability
- Synergy Between Companies
- Level of Innovation/Novelty
- Potential for Commercialization Success
The preconditions and criteria for evaluation are detailed in the Authority’s Hebrew incentive program for Bilateral Funds and SIIRD’s website.
SIIRD provides research and development (R&D) funding up to US$1M 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 in the Proposal Submission page in SIIRD website. For projects approved after May 2017, the grant disbursements to Singapore and Israeli companies would be in local currency i.e. Singapore Dollars and Israeli Shekels respectively.
The SIIRD funding covers the R&D portion of the companies’ total development cost in the joint projects. Part of the funding is also extended towards joint commercialization activities in the project.
The support offered is detailed in the Authority’s Hebrew incentive program for Bilateral Funds and SIIRD’s website.
Deadline for applications’ submission is February 25, 2021 at 12:00 PM (Israel time)
- 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.
- 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.
- 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.
- 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.
Interested in this collaboration program but do not have a partner? Fill the Partner Search Form, send it to the contact email below, and we will try to help you find the right match.
For Israel Singapore Fund (SIIRD) partner search form click here