Funding Startups

Finance & Investment
Innovation & Business Improvement

Next Intake: 13 Dec 2024 (Fri)

Basic
SkillsFuture
Short Courses

This module is conducted in-person.

Next course starts on

13 Dec 2024 (Fri) See Full Schedule

Fee

SGD1,090* (as low as SGD127 after maximum funding) Learn More

Duration

1 day
Weekday (9am - 5pm)

Level

Basic

Who Should Attend

Professionals interested in achieving funding for their startups
Entrepreneurs aspiring to have their own startups

PREREQUISITES

There are no prerequisites for this programme. Prior knowledge on any of the topics is not required.

Overview

Raising startup funding is one of the most exciting and challenging tasks for a company. The CEO searches for investors, loans, grants and other forms of funding to help their business grow. If successful, the startup has the capital to continue building its products or providing new features to customers. If not, the company may have to close its doors forever.

Startup funding is at an all-time high. Global venture funding hit $437 billion in Q3 of 2021, up from $284 billion in 2020. Startups around the world benefit from this influx of capital, with the average global deal size at $25 million. Startups worldwide raised a total of $641 billion from investors in 2021.

How do you get a piece of the funding pie? This course explains the essentials of startup funding so participants know what types are available, how funding rounds work, and how to get money to start and grow their business.

Programme Partner

Learning Objectives

At the end of the 1-day course, participants will be able to:

Gain an overview of the role and types of funding for a startup
Understand the stakeholders and steps to take and the factors to consider to achieve funding for startups in Singapore
Understand the common reasons for failing to achieve funding for startups and how to mitigate/prevent these pitfalls
Discover funding-related insights from both successful and failed FinTech and Tech startup case studies
Know what metrics are used to measure the success rate for funding
Learn how to manage the funding obtained
Understand the risks of funding and what you can do to overcome them

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by Singapore Management University.

Calculate Programme Fee

Fee Table

COMPANY-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$327

(After SSG Funding 70%)

$127

(After SSG Funding 70%
+ ETSS Funding 20%)

$327

(After SSG Funding 70%)

Singapore Citizen ≥ 40 years old

$127

(After SSG Funding 70%
+ MCES Funding 20%)

$127

(After SSG Funding 70%
+ ETSS Funding 20%)

$127

(After SSG Funding 70%
+ MCES Funding 20%)

International Participant

$1,090

(No Funding)

$1,090

(No Funding)

$1,090

(No Funding)

All prices include 9% GST

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit: Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).
Workfare Skills Support Scheme: From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Company Sponsored

Enhanced Training Support for SMEs (ETSS)

Organisation must be registered or incorporated in Singapore
Employment size of not more than 200 or with annual sales turnover of not more than $100 million
Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
Trainees must be Singapore Citizens or Singapore Permanent Residents
Trainees must not be a full-time national serviceman
Trainees will be able to enjoy ETSS funding only if the company's SME's status has been approved. To verify your SME's status, please click here.

Please click here for more information on ETSS.

Absentee Payroll