Singapore’s Top 15 Startup Accelerators You Should Know [2023]

Are you looking for capital and/or mentorship for your startup? Singapore’s startup accelerators are legion and amongst the best globally. Beyond funding, they also offer entrepreneurs and founders incredible valuable support for product development, sales and marketing.

Whether you are looking to find a co-founder, build your MVP and/or get the seed money you need to get started or scale up, incubators and accelerators are the way to go.

In this article we have listed Singapore’s top 15 startup accelerators. So, if you haven’t yet started to apply, here is a good place to start learning about them.

Looking for Singapore’s top startup venture capital firms instead? Check out our ranking here.

Top 15 Startup Accelerators In Singapore

Here’s a summary table of the top 15 startup accelerators in Singapore (in alphabetical order):

Name	# startups (to date)	Program length	Investment size	Sector focus
500 Startups	N/A	16 weeks	N/A	Sector agnostic
Accelerating Asia	45+	100 days	Up to US$250k	Sector agnostic
Antler	300+ (globally)	6 months	Up to US$100k (for 10% equity)	Sector agnostic
Eastern Pacific by Techstars	9	3 months	Up to US$100k	Maritime Tech
Entrepreneur First	N/A	6 months	Up to SGD75k	Sector agnostic
GROW	30+	5 months	Up to US$200k	Agri Tech
HyperX	N/A	10 weeks	Up to SGD60k	Sustainable businesses
ICE71	N/A	3 months	N/A	Cybersecurity
ImpacTech	250+ (incl. Japan & Thailand)	N/A	N/A	Impact businesses
Iterative	42	3 months	Up to US$150k	Sector agnostic
F10	190+ (globally)	3 months	None	Sector agnostic (post revenue startups)
muru-D	27	6 months	SGD40k (for 6% equity)	Sector agnostic
Plug And Play	200+	3 months	US$50k to US$250k	Sector agnostic
Startupbootcamp Fintech	50+	3 months	SGD25k	FinTech
The FinLab	50+	3 months	US$30k (for 6% equity)	FinTech

1. 500 Startups

500 Startups is one the world’s largest startup accelerator. Since their inception in 2010, they have accelerated over 2,500+ businesses including 120+ companies now worth more than $100M each.

500 Startups runs accelerator programs in over 15 countries globally. In Singapore they run the “Ignition” accelerator program during 12 weeks.

2. Accelerating Asia

Accelerating Asia is both a startup accelerator and a VC fund. Their accelerator offers a 100 day program where startup benefit from mentorship, events and access to potential investors (Golden Gate Ventures, Sequoia Capital, Jungle Ventures, etc.).

Also, startup benefit from investment from their VC fund of up to $250,000. In total, they have accelerated over 45 companies to date that raised $36 million in funding.

3. Antler

Antler is another of world’s major startup accelerators. They typically recruit founders that are in the idea phase or building a MVP, and help them find co-founders, build a product and a business plan to raise capital.

Also, Antler offer founders with a SGD4k per month stipend to cover for expenses for the first 2 months. Moreover, successful startups at the end of the program may benefit from a SGD100k investment in return for 10% equity.

4. Eastern Pacific by Techstars

Eastern Pacific is a 3-month accelerator program, designed by the global startup accelerator Techstars, and designed for Maritime Tech startups. To date, 9 startups have participated to the program.

Startups each receive US$100,000 seed investment in addition to access to experts and corporate partners.

5. Entrepreneur First

Entrepreneur First is similar to Antler: the program is mostly designed for tech founders to help them find co-founder(s) and build their product before they can raise seed funding.

Their accelerator program runs for 6 months. Also, founders receive SGD5k per month as well as a potential SGD75k investment for successful companies at the end of the program.

6. GROW

Launched by the VC fund AgFunder and the Australian agritech and foodtech accelerator Rocket Seeder, GROW is Singapore’s first global agritech and food tech accelerator. Since their inception in 2016, they have accelerated over 35 startups.

Their program runs for 6 months during which startups from mentorship, classes and access to potential investors. As part of the program, companies also receive USD200k investment.

7. HyperX

Founded by investment behemoth company Temasek and StartupX, HyperX is a one-of-a-kind startup accelerator.

They run a “hackathon-to-accelerator” program designed for startups operating in sustainable businesses.

Spanning over 10 weeks, the program helps innovators and entrepreneurs to design and build products and solutions that aims to build a more sustainable future.

Startups also receive investment of up to SGD60k as part of the program.

8. ICE71

Founded by Singapore-based corporate VC Singtel Innov8 and the National University of Singapore (NUS), ICE71 is a 3-month startup accelerator for cybersecurity startups.

9. ImpacTech

ImpacTech is an accelerator program for impact driven startups with operations in Singapore, Thailand and Japan. It offers programs for corporates, mentorship and events.

10. Iterative

Iterative runs a 12-week accelerator program that selects twice a year 8-12 startups. Startups benefit from USD150k in seed funding upfront and the support of Iterative’s team to help them grow ahead of Demo Day, where startups get the chance to pitch potential investors.

11. F10

F10 runs both an incubator and an accelerator for startups in Singapore.

Although sector-agnostic, their accelerator program is designed for post-revenue tech startups. It offers startups an opportunity to build relationships with potential investors and clients.

12. muru-D

muru-D is a startup accelerator headquartered in Australia and run 6-month programs in 4 locations across the globe. Since their inception, they have accelerated 140+ startups, of which 27 in Singapore.

Startups receive a SGD40k seed investment upfront in return for 6% equity.

13. Plug And Play

Plug And Play is another of Singapore’s key startup accelerator. They run 20+ programs a year in different industries across Southeast Asia. In total, they have accelerated over 200 startups in Southeast Asia.

Also, startups typically benefit from seed investment from USD50k to USD250k and various mentorship, classes and networking events.

14. Startupbootcamp Fintech

Startupbootcamp is a global startup accelerator that accelerated over 950+ startups to date worldwide.

Their program in Singapore focuses on FinTech startups and runs for 3 months. Startups also benefit from a $25k seed funding as well as follow-on investment for successful companies at the end of the program. Indeed, startups that they accelerated reportedly raised USD944k in funding in average at the end of their program.

15. The FinLab

The Finlab was founded in 2015 by Singapore-based bank and investment firm United Overseas Bank (UOB) and government-backed SGInnovate.

The FinLab operates 2 acceleration programs focused on FinTech startups. Since their inception, they have accelerated over 50 startups. Their programs run for 3 months and offer startups a US$30k seed funding in return for 6% equity.

More Resources For Startups In Singapore

We have other free resources for Singaporean startups and entrepreneurs so make sure to read our article below:

• Singapore’s Top 8 Government Grants For Startups