Financial Sector Technology and Innovation Scheme (FSTI 3.0)

Financial Sector Technology and Innovation Scheme (FSTI 3.0)
Programme:Financial Sector Technology and Innovation Scheme (FSTI 3.0)
Awards:S$ 250,000
Geographical Scope:national
Beneficiaries:public
Key Features:This scheme provides funding to financial institutions, corporate venture capital entities, global technology companies, and industry consortia to establish Centres of Excellence, build industry-wide technological infrastructure, and develop cutting-edge solutions in areas such as Artificial Intelligence, ESG FinTech, Regulatory Technology, and Quantum Technology.

KEY INFORMATION

  • Grant Provider: Monetary Authority of Singapore (MAS)
  • Max Amount: $250,000 cap on rental support per application
  • Project Duration: Up to 24 months

EXPECTED OUTCOME

  • Rollout of innovative market solutions
  • Productivity gains
  • Infrastructure development
  • Alignment with MAS strategies

REQUIREMENTS

Varies by track. For Centre of Excellence: applicant must be a financial institution, CVC, or global tech company setting up in Singapore. For Industry-wide Projects: open to Singapore-based FIs, associations, consortiums, and non-FI providers

OTHER IMPORTANT INFORMATION

  • Rental support only for non-FI CVCs/COEs without presence in SG
  • FI-run CVCs/COEs not eligible for rental support

SUPPORTED PROJECTS

  • Centre of Excellence
  • Industry-wide Technological Infrastructure or Utility
  • Innovation Acceleration
  • AI and Data Analytics
  • ESG FinTech
  • Regulatory Technology
  • Quantum Technology
Our Service Offering in Grants
Our Service Offering in Grants

At FI Group Singapore, we empower businesses to maximise their innovation potential through strategic grant support. Our holistic approach ensures every stage of your funding journey is optimised.

Our grant services include:

  • Roadmap Analysis: We break down your R&D roadmap into distinct projects and work packages to maximise eligibility and grant coverage.
  • Grant Mapping & Matching: We identify and rank the most relevant current and upcoming grant opportunities aligned with your innovation pipeline.
  • Grant Application & Management: From crafting strong, compliant applications to managing submissions and timelines, we guide you every step of the way.
  • Post-Management Support: We support you beyond approval, ensuring compliance, reporting, and successful project delivery.
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