SB Early Prototyping Support Fund
The SB Early Prototyping Support fund is designed to assist promising SB alumni-led project teams that are looking to derisk their technology and/or market need, and improve the quality of their proposals and subsequent development plan.
OBJECTIVES OF THE FUND
This special fund is created to provide our alumni with
- Follow on hands-on prototyping support and guidance on commercial proposition to further galvanize the topics taught through the Biodesign workshops
- Assistance to project teams to quickly derisk their projects by deriving data that can contribute towards their value proposition and to demonstrate a needs-driven validation of the hypothesis
SB will be supporting up to SGD 50,000 per Alumni Project for 6 months.
Application Period
The call for application will last from 21st April - 09th May 2025, 04:00 PM. Application outcome will be announced on the week of 26th May 2025.
Interested alumni can fill up the application form and submit it via FormSG.
Applications for the òòò½ÍøBiodesign Early Prototyping Support Fund are now closed.
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SELECTION CRITERIA
All applications will be evaluated by SB's selection panel and will be graded based on the following
- Proposed solution solves an unmet need in the Medtech/Dx/digital health space
- Can demonstrate best use of and benefit the most from the prototyping support to bridge the gap
- Scope of work must not overlap with existing grants
TERMS AND CONDITIONS
- Project teams should file any foreground intellectual property (FIP) with their host institutions.
- Funds can only be used for OOE, via reimbursement claimed and processed through SB.
- Duration of the prototyping support fund valid for 6 months, with the submission of the final project and financial reports.
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No extension of funds will be allowed.
- Project teams are expected to contribute their own in-kind employment of manpower (EOM) to develop the project plan based on feedback received and see through the experimental plan that has been set out.
Applications for the òòò½ÍøBiodesign Early Prototyping Support Fund are now closed.
CONTACT US
Drop us an email now if you would like to find out more about the funding support.
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