Global Incubator Programme: Singapore - AgriFood

To apply for this programme you must:

• Be a UK based company
• Be a business with fewer than 250 employees
• Be an agrifood or innovation food & beverage business

The three stages of the programme are as follows:

Prepare

A two-day preparation workshop delivered to the entire cohort in the UK. You will be allocated an Innovate UK innovation and growth specialist to work with in the UK who will work with you on your strategic action plan for the programme. You will receive an overview of the innovation and sector landscape of the country’s market, a full briefing on the programme and working with the incubator, and support to better present your business and the value proposition.

Pursue

This 4-6 months stage of the programme is about working with the incubator.  A typical programme will see a visit to the market at the beginning, providing the opportunity to consider technology and market fit, preliminary customer validation and an introduction to ecosystem players.  This will be followed by regular (weekly or fortnightly) virtual sessions with the incubator team, mentors, and experts, to do a deep dive into understanding what it takes to be successful in accessing the market.  The final part is a second visit to the market, including a demo day to showcase the achievements of the cohort, continuing to raise the profile and make connections for the businesses involved.

Exploit

Work with your innovation & growth specialist to continue to exploit the programme, building on all the connections, knowledge, and expertise gained.  You should now be in a much better position with the necessary understanding and networks to accelerate your global growth and scaling journey.

• Coaching and Mentoring – 1:1 support and group support by GROW and our a network of agrifood experts, mentors, and industry partners.
• Group Learning and Workshops – Interactive online sessions with industry experts to tackle any internationalisation challenge.
• Showcase Opportunities – Exposure to strategic partners and support in building a strong Singapore business network.
• Resources – Access to community of trusted professional service providers to help you fast-track your expansion into the region.
• Build a local team – GROW can support your company with the EntrePass visa application (into Singapore) and help your company establish a local presence or incorporate in Singapore.
• Community – Plug into Singapore’s agrifood ecosystem through two funded market visits.

Since 2019, Singapore has nurtured a vibrant global ecosystem for agri-food tech companies to build their ventures and scale up quickly through a strong funding presence, cutting-edge regulatory frameworks, and robust private-public partnerships. The state has been especially active in supporting industry transformation towards being highly productive, climate-resilient, and sustainable, allocating over S$309m to urban food production, future foods, and food safety research and innovation projects. International startups are undoubtedly capitalizing on local opportunities and using Singapore to open access to opportunities in Asia, as regional spending on food is set to double to over S$10.65 trillion by 2030.

Register for the application briefing event on 8th May here.

Closing date for applications: 21st June 2024

Shortlist Interviews: 11-12 July 2024

Successful applicants notified: w/c 15th July 2024

Incubation Programme: Sept 2024 – Mar 2025

Market visits: w/c 18th Nov 2024 & Mar 2025