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Entrepreneurial Talent Development Fund (ETDF) |
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Saturday, 28 April 2007 |
Raise funds for your student start-up. ETDF gives grants of up to S,000 for businesses started by students and fresh graduates.
For who?
- Start-ups by students and fresh graduates at the following Institutes of Higher Learning (IHLs):
- Universities
- Nanyang Technological University
- National University of Singapore
- Singapore Management University
- Polytechnics
- Nanyang Polytechnic
- Ngee Ann Polytechnic
- Republic Polytechnic
- Temasek Polytechnic
- Singapore Polytechnic
- Fresh graduates from the IHLs who want to apply for ETDF must do so 2 years from the date of graduation. Male graduates who have to serve National Service (NS) upon graduation have up to 2 years from completion of NS to apply for ETDF.
- Students taking part-time Continuing Education Programmes at the IHL are not eligible.
For what?
- To help students and fresh graduates with sound business plans and innovative products/services get initial funding for their start–ups.
- Innovative products/services refer to products/services that are not already available in the market.
How much?
- For every S$1 invested by students and fresh graduates, the IHL invests S$1. The grant invests S$3 up to a maximum of S$50,000.
Things to note:
- To apply for the grant, please contact one of the participating IHLs.
- Student start-ups who have received grants, investment or funding from other sources prior to the ETDF application are not eligible.
- At the point of applying for ETDF, the student start-up must be less than 3 months old.
Facts & Figures:
- A total of S$25 million has been set aside for ETDF. Funds are available till 2009.
- 36 student ventures have received ETDF grants since August 2004.
For more info
Entrepreneurial Talent Development Fund (ETDF)
SPRING Singapore
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