COVID-19 | Collated Resources and Support for Startups
The pandemic has impacted the world in various ways. It is in trying times like this that calls for the community to be more united than ever. ACE, in collaboration with Enterprise Singapore, has collated a list of useful resources for startups, including private and public assistance schemes and pro-bono networks. This site is best viewed on a desktop.
- For more information on Budget 2021, view Budget Booklet here and Budget Summary here.
- For more information on the latest measures and support from the Government, please visit ESG website here.
- Download your back-to-work toolkit here.
- If you have a resource to add, kindly submit via this form. We thank you in advance for your thoughtfulness and contribution. Do note that all submissions are subjected to review and approval.
- Startups, help us help you! Let us know if this resource page is useful (or share with us anything really) via this survey that can be submitted anonymously.
*The listing is not to be taken as a form of endorsement or recommendations by ACE and Enterprise Singapore. Companies and startups are reminded to carry out their due diligence when engaging the initiatives and programmes listed below
| Government | ||
| Initiative | Details | Website |
| Agri Food Transformation Fund | $60 million Agri-Food Cluster Transformation Fund to continue supporting tech adoption in the agri-food sector | Link |
| Corporate Venture Lab | Pilot Corporate Venture Launchpad (CVL) to provide co-funding for corporates to build new ventures | TBU |
| COVID-19 Resilience Package | $11 billion to support our continued fight against the pandemic | Link |
| Household Support Package | $900 million to provide additional support for families during this period of economic uncertainty |
Link |
| Innovation & Enterprise Fellowship Programme | Build up tech talent in innovation and enterprise, especially in deep technology areas | Link |
| IP law | Singapore Intellectual Property Strategy 2030 will equip businesses with tools to value and commercialise their intellectual property (IP) and intangible assets (IA), and train skilled professionals in these fields | TBU |
| Jobs Growth Incentive (JGI) | Additional $5.2 billion to support employers to accelerate hiring of local workers |
Link |
| SGUT | Budget set aside in this next phase to support the hiring of 200,000 locals this year through the Jobs Growth Incentive (JGI), and provide up to 35,000 traineeship and training opportunities to continue to support jobseekers in upskilling and access to employment opportunities | Link |
| Singapore Green Plan 2030 | To secure a green, liveable, and sustainable home for generations of Singaporeans to come | Link |
| Toward Cleaner and Greener Public Transport | Move towards cleaner energy vehicles, encourage use of public transport, and higher petrol duty | Link |
| Financing Needs | |||
| Company Name | Name of Solution | Details | Website |
| Antler | Call for startups tackling Covid-19 | Antler will invest up to US$500,000 in startups with solutions that tackle COVID-19. Relevant solutions in mitigation, medical equipment, remote health monitoring and digital tools will be considered. | Link |
| DBS | DBS Business Loan with Loan Repayment Insurance | DBS Business Loan with Loan Repayment Insurance was the first collateral-free Business Loan in the market with insurance coverage to take care of your loan repayment, on top of your accidental insurance benefits. | Link |
| Minterest Private Limited | Financing for startups and SMEs | The S$8 million SME Help Fund provides short term and low cost borrowing. Minterest’s role is to facilitate the process and review the loan applications on behalf of the SME Help Fund and disburse funds to the approved applicants. | Link |
| Rentalworks Pte Ltd | Covid-19 Support: Mobile Working Laptop Program | Under the “SMEs Go Digital” Programme, Rentalworks has developed a Mobile Working Laptop Program eligible for up to 80% of grant application for a business class laptop bundled with Microsoft 365 Business Standard solution. | Link |
| Singtel | Special Pandemic Support Grant for startups | Promising startups that tackle social and community challenges posed by COVID-19will be supported from a cash pool of up to $30,000. *Fast-tracked applications for pandemic related solutions open until 18 April 2020. | Link |
| TNB Aura | Special Situations Fund | TNB Aura would be supporting tech startups impacted by COVID-19 with ~US$2 million each.The fund serves to aid companies in returning their focus to achieving their targeted milestones. | Link |
| General Tips and Advisories for Startups | |||
| Company Name | Name of Solution | Details | Website |
| AngelCentral | COVID-19 Resources and Packages | AngelCentral, founded by Der Shing, Shao-Ning and Teck Moh, has also created a COVID-19-dedicated resource page. They have also committed to having weekly 1-on-1 advisory sessions for startups who need additional support and guidance. | Link |
| Chris McCann – Proof of Capital |
Now is the time to act | In this blog post, Chris McCann from Proof of Capital shares on why now is the time to act, tactical tips CEO’s can do now and his viewpoints on the effects across various industries. | Link |
| Colliers International | Real Estate Advice & Actionable Solutions | Colliers International has created a microsite to share real estate recommendations to keep businesses informed. | Link |
| Found8 | COVID-19 Resources and Packages | Found8 has compiled a comprehensive resource package detailing latest updates from WHO, MOH Singapore, resources for startups such as IT communication tools and remote working etc. | Link |
| GGV Capital |
Operational Tactics For Startups | GGV Capital consolidated a list of operational resources to help companies as they develop their own internal and external response and policies. | Link |
| Grain Traders, Birds of a Feather | Consolidated Measures from GOVT for F&B SMEs, SEPs & Individuals | This initiative has consolidated governmental measures that can help food and beverage small-medium enterprises, self-employed persons and individuals. | Link |
| Kimmy Paulino |
Startups in the time of COVID-19 | In this blog post, Kimmy Paulino shares on the five areas where solutions need re-thinking to move the needle and shares a list of resources for startups, investors and corporates, | Link |
| Krystel Leal |
Tools – Remote Work | This platform has consolidated tools for remote work for project and task management, meetings, internal communication etc. | Link |
| Lim Der Shing | Staying financially alive in a crisis | In this blog post, Lim Der Shing from Angel Central shares his advice for investors and startups. | Link |
| Mentor for Hope | Mentor for Hope | Mentor for Hope is a first-of-its-kind mentoring and charity fundraising campaign that support startups and the needy in the community through giving back. | Link |
| Multiple Companies | Best Practices for Founders in the wake of COVID-19 | Through the contributions of the community, an online document package on the best practices from startup ecosystem on how to deal with the crisis was consolidated. | Link |
| SGTech | Digital Solutions Package for Companies – ICT Sector Support | SGTech and IMDA have rallied the ICT community to offer technology solutions, including discounted offers to help enterprises address the business challenges. | Link |
| SOSV | Startups combatting COVID-19 & lessons from China | Info sheet on how startups are helping individuals and businesses combat COVID-19, especially in China, Southeast Asia, and India. | Link |
| Startup Genome | Insights and Articles | Startup Genome is producing a series of articles on the impact of COVID-19 with insights and trends observed in the global startup community. | Link |
| Taylor Vinters Via | Legal advice & Insights | Taylor Vinters Via has created a dedicated page compiling a series of specially curated insights to help businesses stay up to date with new regulations, budget announcements, and provide useful pointers. | Link |
| TiE Singapore | TiE Weekly Huddles with VCs and CEOs | TiE Singapore is organizing Weekly Huddles over Webinars with VCs and CEOs/ Founders to help startups navigate current turbulence. | Link |
| Manpower & Hiring needs | |||
| Company Name | Name of Solution | Details | Website |
| e2i | Job Security Council Resource Kit | NTUC’s Job Security Council provides transition support to at-risk or displaced workers with career coaching, skills evaluation, access to training, job-search assistance and job-matching services to improve their employment prospects and match them into new jobs. | Link |
| SEAcosystem .com |
SEAriously Awesome People List | The database at www.SEAcosystem.com helps startup talents that are laid off as a result of COVID-19 match with startups that are still hiring. 23 venture capital firms across Southeast Asia have come together to support the initiative. | Link |
| Wantedly, Inc. (Singapore) | [LIVE] Hiring Freeze Tracker | Who’s hiring? To help answer this question, Wantedly is maintaining a list to help support those looking for work. | Link |
| Marketing & Publicity Needs | |||
| Company Name | Name of Solution | Details | Website |
| 500 Startups, Cocoon Capital and Openspace Venture | #supportstartups | 500 Startups, Openspace Ventures and Cocoon Capital are collating promotional activities that startups are willing to give to their customers under a single mission, #supportstartups. | Link |
| e27 | Does your company provide a service that could be of use to the ecosystem? | e27 is working with software partners (both international and local) to provide the e27 community with discounts on softwares and services during this period. | Link |
| EduSpaze | Edtech Support during COVID-19 | EduSpaze will like to invite the edtech startups with solutions and technologies catered to the Southeast Asian Region to contribute useful tools and resources. | Link |
| Virtual Networking Platform | |||
| Company Name | Name of Solution | Details | Website |
| KK Fund | Meet your Match Singapore | Meet your Match Singapore session is an initiative to match investors to Singapore-based startups. KK Fund and PnP APAC have signed up more than 30 investors. *Application is open from 3rd April, 12pm to 17th April, 12pm) | Link |
| StartupBlink, Health Innovation Exchange by UNAIDS, Moscow Innovation Agency | Coronavirus Innovation Map | The Coronavirus Innovation Map is a global directory of hundreds of innovative solutions around the world. The new platforms will allow innovators to connect with those looking for solutions in different categories and geographies. | Link |
| Services & Consultation | |||
| Company Name | Name of Solution | Details | Website |
| CusJo.com | Free Digital Covid-19 Contact Tracing Forms For All Companies | CusJo.com is providing all businesses in Singapore, a completely free, no strings attached, self-serve, Digital Covid-19 Contact Tracing Form for you to use. This is a decentraliSed solution. | Link |
| Deskera | Deskera Cloud based Accounting/CRM Platform | As appointed by Deskera, Ostendo Pte Ltd is offering 3 User subscription of Deskera Books and Sales valued at USD 468/- absolutely free. | Link |
| FidCorp Services Pte Ltd | Free incorporation/ Free one-year corporate secretarial services | The limited “SMEs Stay Strong Package” promotion is designed to help new start-ups and SMEs. FidCorp is offering free incorporation for Start-ups (x100) and one-year free Basic Secretary package for SMEs/Start-ups (x50). | Link |
| Found8 | COVID-19 Business Continuity Co-working Space Package | Found8 will be offering flexible membership for a minimum of 2 weeks catered to 2-20 pax office based on availability across locations. There will be friendly rates with commitment flexibility. *This will take place from 5th May 2020 onwards. | Link |
| Found8 | Flexible Team Rooms | Members can now choose the number of days they would like to work, which days of the week and the number of employees | Link |
| Found8 | Virtual Office | The products aim at addressing pain points of working remotely by providing remote-tools to support work, access to online curated events, online Found8 community and lifestyle perks. | Link |
| In.Corp Group | Growth Package for aspiring entrepreneurs and existing tech startups | In.Corp Group wants you to prepare for #Growth amidst the difficult times. They are offering special promo packages (40% off) till June 2020 to help businesses. | Link |
| Osome Pte. Ltd. | Osome COVID-19 Care Package | Quote “COVID-19” when speaking to us and get 16% off all services (up to S$600 in savings off our popular packages). | Link |
| Payboy Pte. Ltd. | COVID-19 Productivity Care Package | Enjoy Payboy’s attendance and shift-planning module free for the next 12-months | Link |
| The FinLab & OFFEO |
#ProjectFOC | The FinLab and OFFEO are partnering to extend a helping hand to 100 SMEs in Singapore by sponsoring a graphic & video design platform subscription till the end of 2020 | Link |
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