CONSULTATION

Enabling Singapore’s Digital Manufacturing Future

Manufacturers in Singapore and beyond are increasingly embracing Industry 4.0 and integrating advanced technologies across their operations. But as more companies look towards adopting these technologies to streamline operations, it can be challenging in meeting the product quality requirements and specifications for AM.

If you wish to explore Additive Manufacturing in your respective business domain, there are various funding schemes from NAMIC (National Additive Manufacturing Innovation Cluster) to get you started depending on your business objectives.

 Up to 80% grant funding for Parts Analysis and Design for AM.

Which Grant Is For Me?

It might be a little overwhelming on which grant is suitable for you.

Here are some quick recommendations for a start:

If you are a Startup, Entrepreneur
Recommendation – Rapid Concept FundingFull Project Funding

If you are from a Small Medium Enterprise (SME), Limited Liability Company (LLC), Multi-National Corporation (MNC)
Recommendation – Full Project Funding, Enterprise Development Grant

If you are from an Institute of Higher Learning (IHL)
Recommendation – Enterprise Development Grant

Funding Schemes

Rapid Concept Funding (Fast Track Project)

Who is this for?

Startups, Entrepreneurs.

How will this help me?

This funding allows for fast validation of a concept, design, or process using additive manufacturing, and fast-track commercialization.

How much grant do I get?

RCF applicants can receive up to a maximum amount of $25,000 for the above-mentioned purposes. It also serves as a gateway to FPF. Results of your application will be available within 2 weeks of submission.

Full Project Funding (FPF)

Who is this for?

Startups, Entrepreneurs, SME, LLC, MNC.

How will this help me?

This is geared towards more in-depth projects that require both technical and business expertise. They can include:

  • Scaling up from proof-of-concept
  • Ready-for-market efforts
  • Technology development
  • Certification and standards

How much grant do I get?

On top of Rapid Concept Funding, FPF applicants can further unlock $250,000.

Enterprise Development Grant (EDG) 

Who is this for?

SME, LLC, MNC, IHL.

What is this about?

This is for those who are looking for more support to accelerate AM commercialization, undertake deeper transformation in business upgrading, innovation and internationalization.

How much grant do I get?

Subsidize up to 70% of qualifying project costs such as consultancy, training, certification, and equipment expenses.

Refer to the EDG website for more information.

FAQs

Why is this funding available?

It has been known that there are barriers to implementation:

  • Non-prioritization of the most impactful uses of technology
  • Lack of funding due to the COVID-19 pandemic
  • Limited understanding of technologies and the vendor landscape
  • Lack of people, skills, and knowledge

How does it work?

There are 3 steps in which you can qualify:

  • Project Initiation – Develop technical and business needs, identify the research partner, assist in the project proposal submission.
  • Project Execution – Manage the project to ensure successful completion.
  • Project Commercialization – Develop a viable commercialization plan.

What type of project is eligible for co-funding?

Industry and translational projects that explore the potential application and commercialization of Additive Manufacturing technology are eligible. The project’s duration should not exceed 24 months.

What is the selection process?

Each project will be evaluated by NAMIC’s panel members. The project team that applies for Full Project Funding will need to do a presentation at NAMIC’s monthly project meeting to qualify.

How long does it take to get the co-funding approval?

It typically takes around 12 weeks from the first engagement, depending on complexities and resource availability.

Do I need to buy a 3D printer for the project?

No. NAMIC will leverage existing 3D printing centers and infrastructure at IHL (Institutes of Higher Learning) and/or RI (Research Institutes).

Who will own the Intellectual Property (IP)?

The IP ownership is largely based on the inventive contribution.

How do I apply?

Simply submit the form below to get started with your grant application. Our team will guide you through the process to grow your business vertically.