• Foreign entrepreneurs who have a business idea that can inject innovation and vibrancy into the Singapore's economy, especially technopreneurs and those with an R&D intensive enterprise.
• Must be able to demonstrate a high level of entrepreneurial capabilities, preferably with prior successful businesses.

• Foreign entrepreneurs who have tertiary level or professional qualifications, specialist skills and relevant work experience.
• Ideal for entrepreneurs whose business is not related to high-tech, biotech or innovative industries.

• Own at least 30% of the company shares
• Paid-up capital of SGD50,000 or more for the new company
• Submit a 10-page business plan detailing business goals and strategy
• Company must also meet at least one of the following:
  • Receive monetary funding of at least SGD100,000 from a venture capitalist or business angel who is accredited by a Singapore government agency;
  • Possess an intellectual property that is registered with an approved national IP institution (one of the shareholders must be the IP owner IP) or has ongoing research collaboration with a research institution recognised by A*STAR or institutes of higher learning in Singapore;
  • An existing incubatee of a Singapore Government-supported incubator.

• No official minimum amount required. However, the company's paid-up capital is one of the factors considered by the authorities
• May require a copy of the tenancy agreement for business operating address, and other documents upon MOM’s request

• Company is incorporated in Singapore no longer than six months at the point of application.
• Option to incorporate the company within 30 days after EntrePass is approved

• Can apply for EP whether the company is less than or more than six months old

Subject to the following criteria:

• Company has achieved the total business spending;
• Company has demonstrated that it employed the required minimum number of Singaporeans;
• Fulfilment of other conditions listed in the EntrePass approval letter or eligibility requirements.