Venture Initiation Programme (VIP@SoC)

Apply for the Venture Initiation Programme (VIP@SoC) grant and secure up to $10,000 to fuel your entrepreneurial journey.

The grant spans one year and is designed for small teams. While the main applicant must be a student of SoC throughout the grant’s one-year duration, we welcome members from other schools to join your team. We encourage diversity by embracing students from various disciplines. A diverse team with a mix of skills is a formidable force!

Calling all tech enthusiasts! If you are working on IoT or hardware projects, check out Makers@SoC. Located at COM3-01-19, this well-equipped haven is the perfect place to bring your ideas to life.

Eligibility Criteria:

• The project must be carried out by the student applicant or team and should not be part of a project initiated by a Company.
• The main applicant must remain a student of NUS Computing during the one-year duration of the grant.

Evaluation Criteria:  

• Is your idea unique or something that has been tried before? (Check out the past projects here for reference)
• Is there a competitive or differentiating edge? How is it different from what already exists and how is it better?
• Is there a sizable market and a clearly defined initial target user group for your proposed innovation?
• Have you done sufficient research on the market needs and competition?
• Does the team have the competencies to deliver?
• Are you able to demonstrate some early prototypes? (This would be an advantage!)

The next application window will open in July 2025. Stay tuned!

Visit https://enterprise.nus.edu.sg/funding/nus-venture-initiation-programme/ to learn more about the application process, eligibility criteria, and tips for a successful pitch.

For additional queries, refer to the Frequently Asked Questions for VIP@SoC.

If you’d like some inspiration, you can check out the list of past winners who have successfully transformed their ideas into reality.