| Who it is for | Foreign founders of an innovative Singapore business |
| Salary requirement | None |
| Fixed capital requirement | None on the innovation route |
| Shareholding | At least 30% of the Singapore company |
| Company age | Registered with ACRA; if more than 12 months old at application, MOM assesses you against the renewal criteria instead |
| Validity | New pass up to 1 year, first renewal up to 1 year, subsequent renewals up to 2 years |
| COMPASS framework | Does not apply |
| Assessment | Holistic, with Enterprise Singapore involved |
| Renewal | Rising business spending and local hiring milestones, plus a Startup SG Network profile |
| Application + Issuance fees | S$105 application + S$225 issuance (+S$30 MJV if applicable) |
| IPA validity | 6 months to enter Singapore and get the pass issued |