Latura / Grants

SGInnovate

Summation

Supports Deep Tech startups to host university and graduate talent on technical projects with stipend co-funding.

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Facts last checked on , confirm on the agency site before applying.

Status: Open for applications

Who qualifies

  • Organisation should be a Deep Tech startup with proof of financial stability.
  • Projects must relate to Deep Tech, such as AI, blockchain, cybersecurity, quantum or robotics.
  • Mentors should demonstrate technical expertise, ideally five years of technical and two years of mentorship experience.

What it funds

  • Recruiting, salary support, job redesign, career conversion
  • Employee training, upskilling, course fees

Costs covered: External payment tied to a hire's salary (offsets).

Maximum support: up to 70%.

Up to 70% of total stipends, subject to programme terms and conditions.

No total company-level cap stated.

Payment: Not stated on official pages.

How to apply

Use the Apply now link on the SGInnovate Summation for organisations page (central.sginnovate.com/hub/signup) to submit projects and access talent.

  1. Apply via Apply now to submit Deep Tech project(s).
  2. Applicants are shortlisted through technical and cognitive assessments, then interviews with the organisations; SGInnovate holds a final interview round before any offer.
  3. Organisation assigns a mentor to each apprentice with a training and development plan.
  4. Sign a three-way contract between the talent, SGInnovate and the startup before the programme starts.

Before applying

  • Organisation should be a startup specialising in Deep Tech with proof of financial stability.

Claiming support

The monthly stipend is paid fully by the organisation along with its monthly payroll; the page does not describe how the SGInnovate co-funding is released.

Contact: https://www.sginnovate.com/apprenticeship/organisations

Application window: No common application closing date stated. The page says talent application for Summation is open all year round; the commitment period is a minimum of 3 months (full-time) up to a maximum of 6 months.

Sources & last checked

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