Grants

Programme:Eureka INNOWIDE

Key Features:Supports SMEs to assess the viability of research or commercial ambitions in international markets

Awards:60,000 EUR

Geographical Scope:national

Beneficiaries:public

Programme:Eureka Eurostars

Key Features:Eurostars is an international R&D funding programme supporting innovative SMEs in collaborative projects to develop new products, processes, or services for commercialisation. It is co-funded by the EU through Horizon Europe and national bodies like Enterprise Singapore

Awards:Up to 50% for Singapore SMEs up to 30% for MNCs

Geographical Scope:national

Beneficiaries:public

Programme:Research and Innovation Scheme for Companies (RIS(C))

Key Features:Provides financial support for companies engaging in technology development, innovation activities, and establishment of centers of excellence

Awards:Up to 30% of qualifying project costs

Geographical Scope:national

Beneficiaries:public

Programme:Refundable Investment Credit

Key Features:The Refundable Investment Credit (RIC) is a refundable tax credit offered by EDB. It is compliant with the Global Minimum Taxes regulations and can be used to offset Corporate Income Tax including Domestic Top-up Tax and Multinational Enterprise Top-up Tax.

Awards:10%, 30% or 50% support rates on qualifying expenditures

Geographical Scope:national

Beneficiaries:public

Programme:FSTI - Quantum Track - Security

Key Features:Enables experimentation and development of quantum-related pilots to enhance cybersecurity, including Post-Quantum Cryptography (PQC) and Quantum Key Distribution (QKD)

Awards:S$200,000 per FI per pilot

Geographical Scope:national

Beneficiaries:public

Programme:FSTI - Quantum Track - Technology Centres

Key Features:Supports the establishment of quantum computing and security innovation Centres of Excellence in Singapore to strengthen the financial sector’s competitive advantage and market leadership in Asia

Awards:No fixed amount

Geographical Scope:national

Beneficiaries:public

Programme:FSTI Quantum Track – Technology Innovation (Institution-Level Projects)

Key Features:Catalyses financial institutions’ exploration and adoption of quantum technologies to address meaningful business use cases

Awards:No fixed amount

Geographical Scope:national

Beneficiaries:public

Programme:FSTI Quantum Track – Technology Innovation (Industry-Wide Projects)

Key Features:Supports strategic quantum projects that address industry-wide challenges and promote Singapore’s leadership in financial innovation

Awards:No fixed amount

Geographical Scope:national

Beneficiaries:public