$1b top-up reinforces SG as global startup hub

SIT’s A/Prof Lee says scaling is now as critical as early innovation for startups.

Singapore’s Budget 2026 includes a $1b top-up to the Startup SG Equity scheme, expanding support from early-stage startups to growth-stage companies.

“Expanding the Startup SG Equity scheme to support growth-stage companies demonstrates a maturing innovation ecosystem where scaling has become just as critical as early-stage experimentation,” said A/Prof Lee Kuan-Huei, Director of Programmes, Business, Communication and Design cluster at the Singapore Institute of Technology (SIT).

“Many firms today are navigating cost pressures, tighter funding, and the need to adapt business models quickly, which makes access to patient capital and strategic support increasingly important,” she said.

“Beyond financing, growth-stage enterprises require capabilities in design, branding, digitalisation, and market positioning to remain competitive as they expand,” she added.

The scheme provides capital and guidance to help startups move from early-stage innovation to sustainable value creation.

“Strengthening support at this stage helps promising businesses grow while reinforcing Singapore’s position as a launchpad where ideas can evolve into resilient companies,” noted A/Prof Lee.

The Startup SG Equity top-up complements other Budget 2026 measures, including investments under RIE 2030, national AI missions, and tax incentives for technology adoption.