Southeast Asia startup government funding chart
Here’s our chart of all the government funding schemes for tech startups available in each Southeast Asian country.
We just added Hong Kong, but more countries will be added regularly. Leave a comment if we missed a funding program that you know about.
| Country | Funding body | Fund name | Who’s it for and how much |
| Hong Kong | CreateHK | CreateSmart Initiative (CSI) | Provides funding and support for ideas that fall into the Digital Entertainment category and other creative industries. |
| Hong Kong | The Innovation and Technology Commission | Innovation and Technology Fund | Offer matching grant up to HK$4 million (US$515,000). A list of projects funded by the organisation are continually being added to the website for the public to read about. |
| Hong Kong | The Innovation and Technology Commission | Patent Application Grant | Locally incorporated companies and individuals can seek funding to apply for patents for their inventions.
Grant of not more than HK$150,000 or 90% of the sum of the total direct cost of the patent application, whichever is lower, will be provided. |
| Hong Kong | Trade and Industry Department | SME Funding Schemes | Four schemes are available to assist small and medium enterprises (SMEs) in Hong Kong secure financing for acquiring business installations and equipment, meeting working capital needs and expanding into overseas markets. |
| Hong Kong | Hong Kong Science and Technology Parks | Incu-Tech Programme | Meant for companies with research and innovative technology at the core of their business, companies are granted financial aid of HK$639K and HK$851K respectively. Ready-to-use offices up to 12 months rent-free and other forms of assistance are also provided. |
| Hong Kong | InnoCentre | InnoCentre Grant | Offer matching fund up to HK$350,000 (US$45,000) |
| Malaysia | MDEC (Multimedia Development Corporation) |
Technopreneur Pre-seed Fund Programme |
Malaysian ‘technopreneurs’. Only individuals may apply.
Grant of up to RM150,000 |
| Malaysia | Cradle Investment Programme |
CIP Catalyst |
Seed funding for Malaysian ventures in a range of sectors from e-commerce to biotech, electronics, renewable energy and mobile. Applicants must be Malaysians permanently residing in Malaysia. Grant of up to RM150,000 in three tranches with a maximum of RM50,000 each. |
| Malaysia | Cradle Investment Programme |
CIP 500 |
Seed funding for companies in a range of sectors from Internet and mobile to life sciences and cleantech. Applicants must be more than 50% Malaysian owned and have a prototype that is almost ready to go to market (Cradle puts it at 90% complete). Applicants must also be less than three years old and have earned less than RM5 million in revenues.
Grant of up to RM1,000,000 consisting of two approval rounds with maximum funding of RM500,000 each. |
| Malaysia | Cradle Invesment Programme |
U-CIP Catalyst |
Funding to commercialise technology-oriented research coming out of Malaysian think tanks, universities and tertiary education institutions. The institution gets to sponsor and own the intellectual property. Applicants must be researchers, lecturers or students of a research institute or higher learning institution in Malaysia. Grant of up to RM150,000 in three tranches with a maximum of RM50,000 each. |
| Singapore | Spring Singapore |
Young Entrepreneurs Scheme for Start-ups (YES! Start-ups) |
Singaporean or permanent resident below the age of 26. First-time entrepreneur and the key driver in the company, holding at least 50% equity. Spring Singapore will match S$4 for every SGD1 you raise, capped at SGD50,000. |
| Singapore | Spring SEEDS Capital (Spring Singapore) |
Business Angel Funds (BAF) |
Singapore-based private limited company with at least SGD50,000 in paid-up capital.
SPRING SEEDS Capital could potentially match the intended amount (dollar-for-dollar) of up to a maximum of SGD1.5 million. |
| Singapore | Spring SEEDS Capital (Spring Singapore) |
SPRING Startup Enterprise Development Scheme (SPRING SEEDS) |
Singapore-based company, incorporated as a private limited company for less than five years and possesses paid-up capital of at least SGD50,000, but not more than SGD1 million.
SPRING SEEDS Capital co-invests to match dollar-for-dollar with third-party investor(s), up to SGD1 million. |
| Singapore | Ministry of Community Development, Youth and Sports (MCYS) |
ComCare Enterprise Fund (CEF) |
All businesses and organizations registered with the Accounting and Corporate Regulatory Authority (ACRA) and the Registrar of Societies with the aim to help disadvantaged Singapore citizens become self-reliant by providing employment and training opportunities. Up to 80% of the total project cost, subject to a maximum of SGD300,000. |
| Singapore | Interactive Digital Media (IDM) |
IDM Jump-start And Mentor (i.JAM) |
Individual or locally registered companies with at least one local founder who holds a minimum of 20% equity.
The grant covers up to a cap of SGD50,000 qualifying cost of the project |
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