Deadline: 14 November 2024
The Go-Green Co-Innovation Programme (GGCIP) that is jointly administered by Enterprise Singapore and the Department of Foreign Affairs and Trade (DFAT) is inviting application to foster the establishment or expansion in business and commercial activities that boost bilateral trade in goods and services across green growth sectors.
The programme supports the development and commercialization of products, services or solutions that drive the decarburization of economic activities or support the journey of Singapore and Australia’s transition towards net zero emissions.
Priorities
- Renewable and clean energy.
- Waste management and circular economy.
- Sustainable agribusiness and food.
- Green transportation and logistics.
- Built environment and infrastructure.
- Energy efficient technologies and products.
- Advanced manufacturing and sustainable materials.
- Environmental monitoring, analysis, and assessment.
Funding Information
- For Australian applicants
- The value of grant funding available per project is from AU$150,000 to
- AU$500,000, provided to the successful lead applicant.
- Applicants must be able to demonstrate at least 50% co-contribution of
- total Australian project costs, which may be through direct cash funding or a
- combination of cash and in-kind contributions. For example, if an applicant
- requests $200,000 and the total cost of the project is $400,000, the
- applicant will need to contribute $200,000 from their own funding sources.
- For Singapore applicants
- Eligible Singapore SMEs may receive up to 70% reimbursement of eligible costs while non-SMEs may receive up to 50% reimbursement. There is no cap on the maximum total funding amount.
- A project consortium must minimally comprise of at least one SME company from Australia, and at least one Singapore registered business, which must be separate, non-linked entities.
- Although not mandatory, projects can have multiple partners, including business or research performers including from countries other than Singapore and Australia, but they cannot be the lead partner.
- Regardless of the number of partners in the consortium, the budget allocated to research performers must not exceed 30% of the proposed total cost of the project.
- Business or research performers who wish to participate in the project can do so as subcontractors / consultants to lead applicant. They will not qualify as direct recipients of funding, and funding will be disbursed through the lead applicant.
Eligible Activities
- Eligible activities must directly relate to the project and may include co-innovating on:
- Product service strategy validation; supporting a company ascertain if its proposed new green product service technology solution has sufficient market viability.
- Technology and novel product service development.
- small volume production prototyping minimum viable product (MVP).
- Projects they will not fund:
- Minor modifications to an existing product service that would not be considered substantial enough for a co-innovation project.
- Pilot testing an already commercialized solution i.e. there is no co-innovation.
- Distribution only projects, with no co-innovation.
Project Requirements
- The project proposals must comply with the following requirements:
- Project should focus on achieving net positive environmental impacts and the development of new products, services or technology solutions leading to commercialization in domestic and or Singapore and global markets.
- Project should have an obvious advantage and differentiated value proposition resulting from the cooperation between participants from Australia and Singapore (e.g. increased knowledge base, commercial leads, access to R&D infrastructure, new fields of application etc.)
- Clear description of the product or solution your project will deliver, its competitive advantage to other competing products or solutions, specify technological development envisaged (level of innovation and level of risk)
- Projects should demonstrate a balanced contribution between the partners from both countries (one partner should contribute no more than 70% of total project contribution, in terms of person months and total budget of the project)
- Project partners should agree in advance on the intellectual property rights and on the commercialization strategy of the product and process
- Collaboration period following commencement of projects should be no less than 12 months and typically no more than 24 months.
- Prospective applicants who meet the above requirements, eligibility criteria and conditions are invited to apply for grants under the GGCIP in accordance with the national laws, rules, regulations, and procedures in effect.
- They will only accept applications that meet all the eligibility requirements outlined in the grant guidelines.
Eligibility Criteria
- The project consortium must involve at least one company from Singapore and one company from Australia. Both companies should be independent from each other. Each project partner should contribute no more than 70% of the total project contribution.
- All Singapore companies must meet all of the following eligibility criteria in order to apply:
- Business entity registered and operating in Singapore.
- Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership.
- Company is financially ready to start and complete the project.
For more information, visit Enterprise Singapore.