The Interactive and Digital Media (IDM) Research and Development (R&D) Programme Office under the Media Development Authority of Singapore (MDA) encourages a R&D culture in the IDM sector with a new grant known as a microfund. This new grant worth up to S$55 000 allows young start-ups or individuals with R&D ideas to seed their ideas through this Micro-funding scheme, thus paving the way to become entrepreneurs in the high-growth IDM space.

Through the efforts of the micro-funding scheme, MDA hopes to seed about 750 projects and create entrepreneurship opportunities for more than 2000 individuals. The nature of the projects should be rooted in innovative R&D and is in an early stage of development but with the potential to create a substantial edge.

Under this scheme, NUS Enterprise has been appointed as one of the mentors to administer the grant on behalf of MDA. As a mentor, NUS Enterprise will provide advice to these start-ups on their ideas given that it has a strong network of experienced mentors, including well-known entrepreneurs and angel investors from Silicon Valley.

To apply, please download the summary sheet here in word format or in pdf format , fill it up and email to us at microfund@nus.edu.sg.

We look forward to hearing your business idea and plan and we will be in touch with you as soon as we receive your summary sheet. Thank you for your interest.