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New Venture Development For Medical Technologies – I2START Program

SMART Innovation Centre (SMART IC), NHIC, and ESG jointly manage the I2START program. SMART IC provides a Venture Exploration grant of $300K for the first phase. NHIC provides a grant of $300K for the second phase, and ESG provides $750K to cover the final phase. The 3 phases progress seamlessly to move medical technology from the lab to venture formation. We expect to award up to 3 I2START Grants each year.

I2START PROGRAM

SMART

$300K

NHIC

$300K

ESG Phase

$750K

$300K* 3/year *ring-fenced funding under Thematic Office Grant.

The I2START is an open grant. The application for the entire grant of $1,350K needs to outline the development path across all three grant phases.

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Since this may be difficult for most researchers, the staff of the I2START program will assist. The application process would be:

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  • Submit a Letter of Intent using the Letter of Intent Form to the I2START Grant Secretariat.

  • I2START will assign one of its partners (SMART IC, NHIC, or ESG) to review your Letter of Intent and work with you during the application process.

  • If the Letter of Intent is of interest to the I2START Program, you will submit a formal application using Application Form and Budget Template. The I2START Panel will formally review this application.

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During the I2START Program, the project teams may attend the SMART Innovation 2.0 training workshops. If an I2START project team desires to participate in these SMART IC's mentoring/training workshops, SMART IC will charge fees from the grant.

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Letter of Intent: Submit LOI to I2Start Grant Secretariat at grant@nhic.cris.sg.

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