CFAs: DBS Foundation Grant Program

Focus Areas

• They are looking for innovative businesses that improve lives of those in need so that they can be more socially and financially resilient. If your business falls into one or both focus areas below, they invite you to apply.
  • Providing essential needs:
    • Your business provides access to areas such as food and nutrition, basic education, and healthcare, including mental health. You equip people with tools to better manage daily stress, build self-esteem, and foster stronger community connections.
  • Fostering inclusion:
    • Your business provides skills and tools to improve financial and digital literacy, and improves access to upskilling opportunities for better employability.

Funding Information

• Receive up to SGD 250,000 in grants to scale.

Benefits

• Recognition
  • Be recognised as a purpose-driven business creating a positive impact
• Community
  • Connect to, learn from and be inspired by their strong community of Impact Makers
• Connect
  • Open doors to networking and business opportunities
• Resources
  • Gain access to capacity-building programmes, banking support and integration opportunities with DBS
• Exposure
  • Raise awareness for your business and impact on DBS and other platforms

Uses of the Fund

• The DBS Foundation Grant aims to catalyse the growth of businesses so as to scale their impact on those in need. The grant purpose should therefore have a clear breakdown on how the funds will help achieve the stated purpose. Poorly substantiated grant requests will be rejected.
• Funds can be used for various growth initiatives, including but not limited to, entering new markets, R&D into new products, enhancing product or service offerings, and building infrastructure required for growth.
• Importantly, the business should demonstrate a clear path to financial sustainability after the grant funding.

Eligibility Criteria

• An innovative business and impact model that shows potential to scale
• At least 2 years of track record in delivering and measuring social impact
• Clear and focused plans to use the grant funding to commercialise and scale the business and impact over the next 2 years
• Strong leadership with a clear commitment towards building a sustainable business for impact. Strong team with relevant expertise and experience.
• Businesses must be registered and operating in one of the 6 markets that DBS operates in: Singapore, China, Hong Kong, India, Indonesia or Taiwan

Ineligibility Criteria

• Please note that entities that are registered as not-for-profit, sole proprietorship, charities, religious organisations for religious purposes, election campaigns, general fund-raising drives or event sponsorships will NOT be eligible for the grant.

For more information, visit DBS Foundation.