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Innovation Grant 2.0 is now open for applications: Empowering Singapore's Research Scientists-Entrepreneurs

SMART’s Innovation Centre (IC) aims to nurture promising technologies that address critical global challenges, empowering researchers with the resources and expertise needed to transform their ideas into commercially successful ventures.


With a proven track record of nurturing groundbreaking research into successful ventures since 2009, SMART IC has cultivated over 300 talented post-doctorates and researchers who have launched over 56 companies and created over 3,300 high-impact jobs. Their portfolio includes successful spinoffs across various high-impact fields like biotechnology (AIM Biotech), medical diagnostics (Thrixen), autonomous vehicles (nuTonomy), and semiconductors (nsc), demonstrating the transformative power of their mentorship approach.


SMART IC’s Innovation Grant 2.0 is a flagship programme designed for scientist-entrepreneurs with disruptive technologies who aspire to turn their research into high-impact innovations for commercial success. Through a combination of grants, tailored training, and mentorship, SMART IC empowers innovators to navigate the complex journey from lab to market.


SMART IC’s Adaptive Innovation Framework™ provides the strategic guidance and tools needed to transform groundbreaking ideas into successful ventures. With a grant of up to $800K distributed across three phases, Innovation Grant 2.0 offers comprehensive support for your entrepreneurial journey.


The application window for Innovation Grant 2.0 is now open and closes on August 31, 2024. SMART IC’s Advisory Board will conduct interviews and due diligence to select the winning candidates by December 2024.


SMART IC invites all researchers and scientists affiliated with Singapore's public institutions of higher learning, research centres, and public hospitals to apply.


Ready to turn your research into reality? Learn more about the Innovation Grant 2.0 and start your application today over here - https://smart.mit.edu/innovation-centre/our-program/innovation-2-0


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