Launched in 2022, the Design Linked Incentive Scheme aims to reduce upfront risk for chip design startups by offering financial support, access to advanced Electronic Design Automation (EDA) tools, intellectual property cores and ecosystem backing. Startups are selected through a rigorous screening process conducted by an expert committee of technical and industry specialists.
The structured policy support has improved commercial viability and encouraged venture capital participation in the sector, which had seen limited funding before 2021.
