A funding scheme to support newly registered co-operatives (co-ops) came into effect on July 15, offering a more accessible pathway to early-stage capital as the Singapore Co-operative Movement approaches its 100th year.

The CCF Start-Up Grant, administered by the Central Co-operative Fund (CCF), provides up to $30,000 in two tranches to help co-ops establish operations and build momentum in their first year.

The initial $15,000 is available within four months of incorporation upon submission of a business plan. A second $15,000 can be claimed between the sixth and twelfth month, provided the co-operative submits a purchasing policy and demonstrates evidence of ongoing activity, such as meeting minutes, outreach records, and financial statements.

The CCF Start-up grant replaces an earlier funding framework that made available up to $210,000 over three years but proved difficult for many co-ops to fully access. Sector observers noted that the earlier model, while generous in scope, often posed barriers for fledgling organisations still finding their footing.

By contrast, the scheme reflects a more calibrated approach: structured to align with early business milestones, yet flexible enough to accommodate the realities of start-up growth within the co-op sector. The types of expenses supported include office setup, productivity tools, equipment and materials, marketing, and administrative costs.

While the funding model has been simplified, safeguards remain in place. The CCF may claw back funds in full or in part if false or misleading information is submitted.

The launch of the Start-Up Grant comes at a symbolic moment for Singapore’s co-operatives, as the movement marks its centennial in 2025. Though modest in monetary terms, the grant signals a wider commitment to nurturing co-operatives that are purpose-driven, community-focused, and built for long-term sustainability.

Learn more about CCF Start-up Grant here. 

Learn more about other CCF Grants here.