SIIRD Foundation
The Singapore-Israel Industrial Research & Development Foundation (SIIRD) is a collaborative effort between Enterprise Singapore (ESG) and the Israel Innovation Authority (IIA), established in 1997.
The Foundation is dedicated to advancing joint industrial research and development (R&D) projects between companies in Singapore and Israel with the goal of fostering successful commercialization.
The Foundation offers a range of support services, including funding for R&D projects and pilot projects between Singaporean and Israeli companies. These initiatives have been instrumental in enabling companies to enhance their products and technology, expand their product portfolio, create new markets, and expedite the introduction of new products and technology to the market.
SIIRD provides funding support of up to US$1 million per joint R&D or pilot project and assists companies in their R&D partner search. The grants are subject to re-payment when commercial revenues are generated from the developed products.
Singapore, with its world-class infrastructure and strategic location at the crossroads of Asia, serves as a premier hub for businesses from around the world and provides an ideal environment for R&D activities to flourish.
Types of Funding Opportunities
- SIIRD R&D Project Grant
- Create or enhance product or technology
- Project duration up to 2 years
- Fund up to US$1.5M or 60% of the total qualified project cost, the lower of the two
- SIIRD Feasibility Study Project Grant
- Fund up to US$30,000 or 50% of the total qualified project cost, the lower of the two
- Project duration - up to one year • Fund up to US$1M or 50% of the total qualified project cost, the lower of the two
- SIIRD Pilot Project Grant *NEW*
- Project to pilot or testbed near-market technologies (above TRL 6) with a specific client or market segment for the purpose of commercialization
- SIIRD Strategic Sector Project Grant
- Project to tap on academia and research performers to create new disruptive technologies
- Project duration - up to 3 years
- Project duration - up to 3 years
- Fund up to US$3M or 66% of the total qualified project cost, the lower of the two