StartupSG Founder Grant Applicant Guide

Content

About TRIVE Pg.3

About the Grant Pg.5

Why TRIVE Pg.10

How to Apply Pg. 19

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About TRIVE
About
What We Do

Seed to Series A Southeast Asian Venture Capital

12 Investments Logisitcs, eCommerce, Tech
7+ years of investments, mentoring andadvisory
Our Focus
1500+ one-to-one advisory session
People
Helping great people buildgreater companies
800+ startup founders advised
Community 40+ startups supported in domains including Deep Technologies,
Grooming the next generation ofstartups Blockchain, Artificial Intelligence, Data Science, Marketplaces and
FinTech
Company
Supporting you every step of theway

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About the Grant
StartupSG Founder Grant

Startup SGFounder provides mentorship and

startup capital grant to first-timeentrepreneurs
with innovative businessideas.

Enterprise Singapore will match $3 for every$1

raised by the entrepreneur up to S$30,000.

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Grant Eligibility

Applicant(s) must:
• Hold at least 30%equity
• Not have registered or incorporated any businessentity
• Not have received funding from another governmentorganization
• Commit full-time to business upon approval

Company must:
• Have at least 51% local shareholding
• Not be incorporated for more than six (6) months at the point of application

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Additional Requirements

Smart Nation Focus CTO & TechInnovation Co-investment

Your startup should be focused Your solutions need to be Your startup has successfully
on Fintech, AI, Health-tech, IoT technologically innovative and your raised $10K in co-investment.
or Mobility verticals. startup needs to have a CTOthat can
execute.

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Timeline
First Contact
Week0
TRIVE will work closely with applicants to assess business and set milestones

Submission
Week1 TRIVE submits grant application. We work closely with Enterprise Singapore to ensure a smooth
application process.

Week2 Grant approved

1st Milestoneachieved
S$15K disbursed. TRIVE will work closely with you to achieve your milestones.

<6 2nd Milestoneachieved

months S$15K disbursed. TRIVE will work closely with you to achieve your milestones.

Final Report
TRIVE will review and submit a final report at the end of 12 months to Enterprise Singapore

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Why TRIVE
Why TRIVE?
TRIVE is one out of 28AMPs. Here’s what sets us apart:

1 week processing
Speed is of the essence. We strive to get your grant approved within a week.

No processing fees, no sweatequity

TRIVE is committed to supporting early startups pro-bono. All we ask is for you to pay it forward.

Long-term partnership with a VC

We are in for the long haul. TRIVE will continue to support your startup journey beyond getting the grant. Take your startup to the
next level with our network of 70+ mentors, curated business benefits and exclusive angel investor network.

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How TRIVE helps your startup

$30k Grant Exclusive Media Mentorship &

Processing Features Connections

Business Benefits Free Seats at Co-Working Post-Grant Funding

Spaces

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Free Justco Co-Working Space

Exclusive to TRIVE Startups

TRIVE has partnered with JustCo, who will be opening their space to
TRIVE’s SG Startup Grant applicants.

Justco Marina Square

Justco is Singapore’s largest co-working community. Gain access
to their Marina Square workplace and develop strong relationships with
their diverse business community.

Free Co-Working Space

TRIVE startups are given 2 complimentary seats at Justco Marina
Square for a period of 9 months, with 2 additional seats offered at
discounted rates.
*Subject to terms and conditions.

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Business Benefits
TRIVE partnered with 18 companies, offering $60,000 worth of benefits to our startups.
And More:

$3,000 in Cloud 90% off HubSpot’s CRM

Credits for 12 months. Software for 12 months.

$15,000 in AWS Promotional

Credit valid for 24 months.

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TRIVE NEXT50 Mentorship Initiative
TRIVE spearheaded a community initiative by bringing onboard more than 80 Mentors across Asia
that you can request to connect pro-bono.
Mentors Background
Exclusive Media Features - BEAM
Beam.biz is a global news platform connecting entrepreneurs to businesses,
investments, careers, and other great connections.

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Post-Grant Funding
Tap into TRIVE’s network of angel investors to accelerate your startup.

Exclusive Access to Angel Investors

Only TRIVE’s successful grant applicants get access to our network of seasoned angel investors.

Angel Matching & Personal Introductions

TRIVE matches angel investors with relevant experience to your startups. We facilitate warm introductions between you
and these investors.

Extend your Runway

$30k funding is insufficient. Meet potential investors early and give them a preview of your product. This gives them a
reference point when you seek funding from them down the road.

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TRIVE Founders Testimonials
“TRIVE went the extra mile to
support us. They helped secure
exhibition booths, conducted
masterclasses and introduced
valuable contacts to us. They are
an AMP that genuinely care for
their founders.”
Quah Zheng Wei
CEO, Ceito
“We have developed a great
partnership with TRIVE. Their
dedication to help founders has
been immensely valuable. We are
glad to have gone with TRIVE and
we strongly recommend them to
any founders looking for AMPs.”
Louis Lee
Co-Founder, BitsGreat
“With TRIVE, founders can go
beyond getting the grant and tap
on resources such as their NEXT50
Mentorship. These mentor guided
us and shared their experiences
selflessly. We are honoured to be
able to connect with them.”
Koh Jin Wei
Founder, The2UO
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Grant Application
What we look out for -Founders

Be committed. Take ownership. Be willing to learn.

Have skin in the game. Be
You are the captain of your ship. We Stay curious. Show the desire to be
responsible to your team,business
respect and support independence. mentored, learn and improve.
& community.

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What we look out for – Slide Deck

We strongly encourage your deck to be structured around three key areas:

Market Idea Business

• Problem Statement • Solution & USP • Business Model

• Total Addressable Market • Tech Description of IP • Go-to-market Strategy

• Market Validation • Minimum ViableProduct • Financial Forecast

• Competitor Analysis • Usage of Grant

• FoundingTeam

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What next?

Thank you for reading our guide, here are the next actionablesteps:

1. Create/revise your deck 2. Schedule a preliminary 3. Prepare required documents

according to our keypoints. meeting with our Venture (Annex 1).

Associates.

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Annex 1 – Required Documents

1. ACRA e-statement to declare that the Applicant(s) is a/are first-time entrepreneur(s)

2. Hardcopy of the startup application Form

3. Copy of NRIC of Applicant(s)

4. ACRA bizfile Business Profile of company (if applicable)
5. Business Plan/Deck

6. CV of applicants

7. Tech development schematic

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E: community@trive.vc