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Eligibility for EntrePass

This work pass is intended for serial entrepreneurs, high-calibre innovators or experienced investors that want to operate a business in Singapore.

Who is eligible

EntrePass is open to all nationalities.

You can apply for an EntrePass if you:

  • Have started, or intend to start, a private limited company registered with ACRA.
    • If registered, the company must be less than 6 months old on the date you apply.
    • If not registered, you can do so after you know the outcome of your application.
  • Meet any of the following minimum eligibility criteria for application as an entrepreneur, innovator or investor.

Entrepreneur

Has funding from a Government-recognised VC or business angelShow

Your company raised funding of at least $100,000 from a government investment vehicle, venture capitalist (VC) or business angel that is recognised by a Singapore Government agency.

Examples include:

  • Vertex Ventures
  • SGInnovate (formerly Infocomm Investments Pte Ltd)
  • Qualified investors on the StartupSG Equity Scheme
    • Accel-X, August Capital Partners, BAF Spectrum, Green Meadows Accelerator, Jungle Ventures, Majuven, Med-tech Alliance, Singapore Medtech Accelerator, TNB SPRING, TRIREC, Venturecraft Group, Wavemaker, Zicom MedTacc.
  • Venture partners on the Early Stage Venture Fund (ESVF) scheme
    • Venture Capital Partners: Bioveda Capital, Extream Ventures, Golden Gate Ventures, Jungle Ventures, Monk’s Hill Ventures, New Asia Investments, Raffles Venture Partners, Tembusu ICT Fund I, Walden International.
    • Corporate Venture Capital Partners: CapitalLand Limited, DeClout Limited, Wilmar International Limited, YCH Group Limited.

Requirements

You must submit a shareholder certificate and other relevant documentation to support your application.

Is an incubatee at a Government-recognised incubator or acceleratorShow

Your company is an incubatee at an incubator or accelerator in Singapore that is recognised by the Government.

Examples include:

  • Incubators or accelerators in SPRING Singapore’s Startup SG Accelerator Programme
    • AITVentures, Declout Investments, EnchantVC, JCS Venture Lab, Jungle Ventures, Mediapreneur, SEAMO Ventures, Silicon Solution Partners, ST Electronics (Training & Simulation Systems), Supply Chain & Logistics Innovation Playground, TNB Accelerator, Trendlines Medical Singapore, Velocity Accelerator, Venturecraft.
  • Accredited Mentor Partners under Startup SG Founder
    • ACE Ltd, Advanced New Technology Incubator, FocusTech Ventures, JCS Venture Lab, NTUitive, NUS Enterprise, SMU IIE, Quest Ventures, AIRmaker, TAGPASS, The FinLab, TNB Ventures, Trendlines Medical, Tri5 Ventures, Velocity Accelerator, Polytechnic Consortium (comprising Ngee Ann Polytechnic, Singapore Polytechnic and Temasek Polytechnic).
  • SGInnovate-linked incubation or acceleration programmes.

Business network and entrepreneurial track recordShow

You have significant business experience or network and promising entrepreneurial track record of starting highly-scalable businesses and want to establish, develop and manage a new or existing business in Singapore.

Requirements

You must fulfil any of the following:

  • You have founded and sold a tech company.
  • You have raised significant funding from investors for a current or past venture.
  • You have been or are being incubated by an internationally renowned incubator or accelerator.
  • You have strong industry networks and business contacts that are related to your proposed business.
  • You have substantial track record related to your proposed business.
  • You have received recognition by a national body, recognised media publication or credible industry organisation for your professional, business or entrepreneurial achievements.

To find out more, you can contact IMDA at info@imda.gov.sg, SGInnovate at info@sginnovate.com or SPRING at smeinfoline@spring.gov.sg.

Innovator

Holds an intellectual propertyShow

You or your company holds an intellectual property (IP), registered with an approved national IP institution, which delivers a significant competitive advantage to your proposed business that cannot be easily replicated.

Requirements

You must fulfil all of the following:

  • Your IP must be registered with an approved national IP institution.
  • Your IP delivers a competitive advantage to your proposed business and cannot be easily replicated.
  • One of the shareholders or the company must be the owner of the IP.
  • Expired IP can be considered as long as one of the shareholders is the inventor of the IP.

Has a research collaboration with an IHL or research institute in SingaporeShow

Your company has an ongoing research collaboration with a research institution under the Agency for Science, Technology and Research (A*STAR), an Institute of Higher Learning (IHL) in Singapore.

Examples include:

  • A*STAR Research Institutes
  • Campus for Research Excellence and Technological Enterprise (CREATE) entities
  • Institutes of Higher Learning (e.g. National University of Singapore, Nanyang Technological University, Singapore University of Technology and Design, Singapore Management University, the Polytechnics)
  • Recognised non-profit and private sector research groups (e.g. Temasek Life Sciences Laboratory)

Requirements

You must fulfil all of the following:

  • The research collaboration must be related to your proposed business.
  • The research institution needs to provide a contact person to verify details of the research collaboration.
  • You must be involved with ongoing research collaboration.
  • Contract of services is not considered to be research collaboration.

Extraordinary achievements in key areas of expertiseShow

You have exceptional technical or domain expertise in an area related to your proposed business.

Requirements

You must fulfil all of the following:

  • Your area of expertise must be related to your proposed business.
  • You have outstanding achievements or received international recognition in your area of technical or domain expertise.

To find out more, you can contact IMDA at info@imda.gov.sg or SPRING at smeinfoline@spring.gov.sg.

Investor

Investment track recordShow

You have a good track record of investing in businesses and want to grow new or existing businesses in Singapore.

Requirements

You must fulfill all of the following:

  • You are willing to invest a substantial amount of money in a local company.
  • You have a track record in one of the following:
    • In investing in and driving the growth of highly-scalable businesses.
    • Substantial experience as a senior management professional or executive in a large corporation.

To find out more, you can contact SPRING at smeinfoline@spring.gov.sg.

You do not need to meet all of the criteria for each respective profile or type but having more qualifications would help your application.

You can find out more about the requirements of the participating government or government-linked agencies on their respective websites:

Businesses that are not eligible

The following businesses are not eligible for an EntrePass:

  • Coffee shops, hawker centres, food courts.
  • Bars, night clubs, karaoke lounges.
  • Foot reflexology, massage parlours.
  • Acupuncture, traditional Chinese medicine, herbal dispensing businesses.
  • Employment agencies.
  • Geomancy business.