BEAMP Cycle 4

We are looking for innovative startups and SMEs that possess or can develop a solution that addresses at least one of our challenge statements. Participants must also be driven to develop and test their solutions along with the Challenge Statement Owners in Singapore during and after the challenge, and / or partner with a local industry player.

• This competition is open to all startups and SMEs across the world.
  
• Local SMEs should have a minimum of 30% local shareholding, have less than 200 employees or an annual turnover of less than SGD100 million.

Public researcher(s) can participate by either:‍

• Registering a new spin-off that has the commitment to license the technology, led by a committed, balanced and capable team; OR
  
• Contributing to a joint submission with industry partners. (Note that the industry partner would lead the proposal submission and commercialise the solution.)

‍Note: All proposals are to be submitted by a registered company. 

To participate, please complete our application form.

You are free to submit every single challenge statement available.

Applications will officially close on Monday, 7 November, 2359hrs (GMT+8).

All submissions will assessed based on the following criteria:

• Technical feasibility and novelty
  
• Business and adoption feasibility
• Impact
• Ability to successfully execute the project
• Clarity and comprehensiveness of the proposal

All background intellectual property (IP) rights are owned by creators. Any commercialisation of IP generated during this Programme shall be negotiated separately between the participants and respective challenge sponsors

Enterprise Singapore will award local SMEs ^[a] the Enterprise Development Grant (“EDG”) (for eligible enterprises) to support prototype and co-development of up to 70% of qualified costs, capped at SGD30,000 for Accelerated Solution Development phase and capped at SGD250,000 for Market Development phase.

Winners are required to submit a proposal for the grant through the Business Grant Portal, and receive an LOI from the respective Challenge Sponsor, which will include and not be limited to a defined project scope, budget and milestones. The proposal and agreement will then be reviewed by EnterpriseSG to determine the final amount of funding.

Examples of qualifying and non-qualifying costs are:

• Qualifying Cost : Manpower, Equipment and Software^[b], Professional Consultancy
  
• Non-qualifying Cost: Maintenance, Warranty, Common Office Equipment (e.g. laptops), Rental

[a] Local non-SMEs can be funded up to 50% of qualifying project cost, subject to the same funding caps for both phases.
[b] Equipment and software are supported at up to 50% for local SMEs and up to 30% for local non-SMEs.