LAUNCH OF COMMERCIALIZATION GRANT CALL FOR SMART INNOVATION GRANT 2.0
CALL IS OPEN FROM July 1st TO Aug 31st, 2025.
The Singapore-MIT Alliance for Research and Technology (SMART)’s successful Innovation Grant is back as Innovation Grant 2.0.
With the potential for up to S$800,000 per project in funding and a suite of venture building support, it may be just what your idea needs to reach its commercial potential.
The Singapore-MIT Alliance for Research and Technology (SMART) formed an Innovation Centre in Singapore to support Singapore-based faculty and researchers to advance basic research with commercial potential in the marketplace. In the span of seven years, this initiative has led to the incubation and incorporation of a portfolio of 54 companies with a cumulative valuation of US$1.3 billion.
TRANSLATING YOUR RESEARCH IDEAS TO IMPACT
SMART Innovation Grant 2.0 is looking to support passionate faculty and researchers with innovative ideas and disruptive technology to explore its commercial potential, possibly through a new venture. Our three-phase grant program can provide up to S$800,000 to crystallize research ideas into real-world, high-impact ventures.
Through SMART Innovation Centre’s Adaptive Innovation™ Framework, coupled with a dedicated mentorship program, researchers will be empowered with entrepreneurial skills that will enable them to push lab-grown innovative technologies to commercial ventures.
Beyond funding, education, and mentoring, your new venture will also benefit from MIT’s reputation and network, giving you unparalleled global access to capital, markets, and human resources.
HOW TO GET STARTED
If you think you have a disruptive technology with commercial potential. Then join the community of vibrant entrepreneurial researchers.
Apply online for access to the three-phase program.
1. Phase I Venture Exploration Workshop*, successful applicants will be enrolled in a 16-week program comprising training through fundamentals of the Adaptive Innovation™ Framework and dedicated mentorship to help prepare their application for Phase II.
2. Phase II Venture Design Funding (S$ 300,000)
3. Phase III Venture Execution Funding (S$ 500,000)
*Phase I Venture Exploration Workshop is mandatory to qualify for Phase II Venture Design Funding and Phase III Venture Execution Funding.
Note: Acceptance into the Phase I program does not guarantee an award for Phase II and Phase III funding grants.
Note: Based on the milestone of your project, you may apply for both Phase II & Phase III together upon completion of Phase I
APPLICATION DEADLINE: 31ST August 2025
For more information, please contact IGINFO@smart.mit.edu
Link to download the application form: Application form
Please submit your completed application to IGsubmit@smart.mit.edu
SMART Innovation Grant 2.0 is open to all researchers, scientists, and engineers in Singapore at public institutions of higher learning (including but not limited to NUS, NTU), research centres (including but not limited to A*STAR or CREATE), and public hospitals and medical research centres.
Roadshow Registration, please scan the QR code below:
We are organizing a roadshow at NTU. We welcome everyone to join us for this roadshow
Date: 17 July 2025
Time: 3.00PM – 4.00PM
Event Address: Theatre, NTU Innovation Centre, Level 3, 71 Nanyang Drive, #03-01, Singapore 638075
Register with us now
Registration for Roadshow ends 15 July 2025 noon.