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Abacus Advantage



Funding Amount

Abacus & our collective investors will fund up to a maximum sum of S$200,000 or 49% of startup's issued capital

Qualifying Companies

- Engaged in the development of innovative products, processes and applications
- Innovation can be in the form of technology and/or business models.
- Incorporated in Singapore and carry out its core activities in Singapore.

Qualifying Business Activities

The startup's business activities should have the following characteristics:
- Substantial innovative or intellectual content;
- High growth potential
- Scalability for the international market

Transfer of Shares

- Founder shall not sell, transfer, assign or otherwise dispose of his/her shares for a period of 3 years.
- Should the founders wish to diversify their investment, priority would be given to the remaining shareholders, subject to the terms of the shareholders agreement.

Buyout Option

Abacus will offer an option for its share in the company to be bought out, at a price of 1.20 times capital in the first 2 years, and 1.30 times capital in the third year. Such an option allows incubators and investors to have a greater share of the upside of successful companies, while limiting their downside risks.

Application

Interested applicant shall submit via email: enquiry@abacusgroup.sg

  1. Executive Summary signed by applicant(s)
  2. CV of the applicant(s) and the management team
  3. Startup company ACRA Business profile reflecting shareholdings and directorship (if any)

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