2. About SIIRD
Singapore Israel Industrial Research and
= Development Foundation
A co-operation between Singapore’s Economic Development Board
(EDB) and Israel’s Office of Chief Scientist (OCS)
Promote, Joint Between companies
facilitate and Industrial based in Singapore
support R&D projects and Israel
2
3. Why Israel?
• Home to more than 1,000 life science companies
• World’s leading research institutes such as the Technion
and the Weizmann Institute
• Major sectors are Medical Devices, BioPharma, and IT
Healthcare
• Notable Israeli Breakthrough include Given Imaging and
NanoPass
3
4. SIIRD Programme Helps Companies To:
Create New/Enhanced
Products and Technologies
Create New Markets and
Customers
Shorten Time To
Markets
4
5. Achievements to Date
Matchmake near to
300 Israeli and
Singapore Companies
114 projects approved
Employment of 1,630
research scientists
and engineers
Total research investment
of US$122 million
5
6. SIIRD Support and Services
Partner Search
Provide “partner search” assistance to companies
from Singapore and Israel keen on R&D collaboration
Financial Support
Provide financial support up to US$1 Million per
project for joint R&D projects
6
7. Partner Search Services
BROWSE FOR OPPORTUNITIES
IN SINGAPORE AND ISRAEL
VISIT SIIRD
WEBSITE List of companies who have
indicated interest to look
for R&D partners
www.siird.com
Companies with
R&D interests
7
10. Partner Search Services
BROWSE FOR OPPORTUNITIES
IN SINGAPORE AND ISRAEL
VISIT SIIRD
WEBSITE List of companies who have
indicated interest to look
for R&D partners
www.siird.com
Companies with SIIRD IL
R&D interests OFFICE
SIIRD SG
OFFICE
SUBMIT PARTNER
SEARCH REQUESTS
SIIRD offices help to locate
potential R&D Partners
10
12. Partner Search for ActionBase (Israel)
Indicated R&D
interests
Successful Partner
SIIRD recommended
Search
ActionBase
four SG companies
for SPS
+
12
13. Partner Search for ST Kinetics (Singapore)
Indicated R&D
interests
Successful Partner Active Structural
SIIRD recommended
Search Acoustic Control
four SG companies
System
+
13
14. Partner Search for CNA (Singapore)
Indicated R&D
interests
Lighting Energy
Successful
SIIRD created
brokerage search!
partner meetings Management
with 4 IL companies System (LEMS)
+
14
15. SIIRD Support and Services
Partner Search
Provide “partner search” assistance to companies
from Singapore and Israel keen on R&D collaboration
Financial Support
Provide financial support up to US$1 Million per
project for joint R&D projects
15
16. Types of Funding
• Fund between US$200K and US$1M; or
FULL SCALE • Up to 50% of the eligible R&D costs ,
R&D PROJECT whichever is lower
• Project duration between 1 to 3 years
• Fund up to US$200K; or
MINI R&D • 50% of the eligible R&D costs , whichever is
PROJECT lower
• Project duration not more than 1 year
FEASIBILITY • Fund up to US$30K; or
STUDY • 50% of the eligible study costs , whichever is
lower
16
17. How Does It Work?
ELIGIBLE COST ITEMS WHAT DOES
SIIRD REQUIRE ?
• Direct Manpower
• Software and Equipment • No collateral is required
• Expendable Material and • SIIRD does not take equity
Supplies
• SIIRD does not acquire
• Travel between Singapore
Intellectual Property Rights
and Israel
developed
• Consultancy and
Sub-contractor
17
