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MINT-Research and Product Development (MINT-RPD)

MINT-Research and Product Development (MINT-RPD)
Programme:Maritime Innovation and Technology – Research & Product Development (MINT-RPD)
Awards:Co-funding support for applied R&D, product development, test-bedding, and commercialization projects
Beneficiaries:allcompanies
Key Features:Supports companies developing maritime technologies and intellectual property in Singapore through R&D and product development projects.

KEY INFORMATION

Grant Provider
Maritime and Port Authority of Singapore (MPA)

Max Amount / Support Rate
Not Disclosed

Project Duration
Not Disclosed

REQUIREMENTS

  • Company must be incorporated under the Companies Act and operating in Singapore
  • Project must be maritime-related
  • Minimum paid-up capital equivalent to at least 50% of total project cost
  • R&D activities must be conducted in Singapore

EXPECTED OUTCOME

  • Development of new maritime technologies and solutions
  • Creation of intellectual property and commercial capabilities
  • Strengthening technical competency of companies in Singapore

SUPPORT RATE

Support Rate → Not Disclosed

Qualifying Expenditure Details → Manpower, equipment, and operating expenditure directly related to the R&D or product development project.

SUPPORTED PROJECTS

  • Applied research and development projects
  • Product development and prototyping
  • Test-bedding and trials of new maritime technologies
  • Commercialization of maritime innovations

OTHER IMPORTANT INFORMATION

The MINT Fund also includes the MINT-STARTUP scheme, which supports maritime tech startups with up to S$100,000 for proof-of-concept, proof-of-value, or pilot projects.

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