Becoming a
Global Investor Programme (GIP)-
select fund

1. The Fund to manage a minimum fund size of S$200 million, inclusive of both GIP and non-GIP monies.
   
2. The Fund to accept at least S$50 million GIP monies (i.e. minimum 2 GIP applicants) if EDB has approved the applicants during the funds’ respective fund raising cycles.
3. The Fund to provide at least three months fund raising period.
4. The Fund Life has a minimum fund tenure of 8 years.
5. The Fund to obtain at least 1% co-investment from the General Partner.
6. The Fund to submit the upcoming fund-raising schedule.
7. The Fund to invest at least 50% of its GIP monies raised or S$50 million of the GIP monies received (whichever is lower) into Singapore-based companies for sectors promoted by EDB and/or other economic agencies.

These sectors could include:

• Aerospace Engineering
• Alternative Energy/ Clean Energy
• Automotive
• Chemicals
• Consumer Businesses
• Electronics
• Energy
• Engineering Services
• Healthcare
• Infocomm Products & Services
• Logistics & Supply Chain Management
• Marine & Offshore Engineering
• Medical Technology
• Nanotechnology
• Natural Resources
• Safety & Security
• Space
• Shipping
• Pharmaceuticals & Biotechnology
• Precision Engineering
• Professional Services
• Arts Businesses
• Sports Businesses

EDB shall not dictate the capital call down period for each fund managed. Once a GIP applicant is granted an approved-in-principle (“AIP”) PR status, the S$25 million investments will be transferred to the ESCROW account (if required) for respective funds to manage their capital call downs. GIP-select Funds are required to submit their fund raising schedules to EDB.