SME Co-Investment Partners (SCIP) Programme
The SME Co-Investment Partners (SCIP) Programme is aimed to enhance access to financing for SMEs, particularly those at early stage through the provision of risk capital financing. The Programme is a co-funding initiative between the Government and the private sector with the objective of crowding in private investors to invest in viable SMEs in the form of equity, debt or a hybrid of equity and debt. The Programme is available to SMEs in all sectors including main street firms that have strong high-growth potential, innovativeness and in newly emerging areas. It is more well-spread compared to current venture capital financing which is mainly for technology-based companies.