Contact Info
Update: Dear visitor, thank you for your interest in the TEC funding scheme. The closing deadline for the upcoming TEC Panel Evaluation meeting has passed. For further inquiries, please contact TEC Secretariat.
:: What is TEC? ::
The Enterprise Challenge (TEC) is an initiative by the Prime Minister's Office that looks into the funding of innovative and risky proposals that have the potential to create new value or significant improvements to the delivery of public service. TEC provides funding and test beds for such innovations that needs to be trial tested so that their feasibility and practicality can be proven.
The purpose of TEC is to encourage creativity, innovation and enterprise among our people, to spark, develop and fund initiatives that can create new value for the Public Service and fundamentally improve the delivery of public service.
Besides providing trial funds, TEC will also identify and nurture some very promising innovative ideas to their fullest potential by providing facilitation resources, and funds for experimentation or trial testing.
This new injected dynamism would inevitably spread to other sectors of the society, leading to a more vibrant and enterprising Singapore.
- We support the taking of risks and the seeking of opportunities; To invest in and grow new creations which have a reasonable chance of success.
- We desire to use resources in new ways to achieve excellence to the Public Service.
- We recognize that inherent in risk-taking is the potential for failure as well as great success.
- Our belief is that a small percentage of failures is acceptable provided that the business concept is sound, the business plan is followed, and reasonable attempts were made to modify the approach in response to the changing conditions.
- We will acknowledge receipt of TEC proposals by the next working day.
- We will contact the proposer within 14 days from the date of acknowledgement of the proposal.
- We will contact the proposer for rejection of trial testing within 9 months of the proposal.
The purpose of TEC is to encourage creativity, innovation and enterprise among our people, to spark, develop and fund initiatives that can create new value for the Public Service and fundamentally improve the delivery of public service.
Besides providing trial funds, TEC will also identify and nurture some very promising innovative ideas to their fullest potential by providing facilitation resources, and funds for experimentation or trial testing.
This new injected dynamism would inevitably spread to other sectors of the society, leading to a more vibrant and enterprising Singapore.
:: Our Philosophy ::
- We support the taking of risks and the seeking of opportunities; To invest in and grow new creations which have a reasonable chance of success.
- We desire to use resources in new ways to achieve excellence to the Public Service.
- We recognize that inherent in risk-taking is the potential for failure as well as great success.
- Our belief is that a small percentage of failures is acceptable provided that the business concept is sound, the business plan is followed, and reasonable attempts were made to modify the approach in response to the changing conditions.
:: Our Service Standards ::
- We will acknowledge receipt of TEC proposals by the next working day.
- We will contact the proposer within 14 days from the date of acknowledgement of the proposal.
- We will contact the proposer for rejection of trial testing within 9 months of the proposal.
