Precision engineering

Precision Engineering Grants and R&D Tax

Singapore’s precision engineering sector is a vital enabler of advanced manufacturing, semiconductors, aerospace, medtech, and more. Known for its high standards, tight tolerances, and cutting-edge capabilities, the industry is constantly innovating to meet the demands of next-generation technologies.

At FI Group, we help precision engineering companies turn their technical advancements into financial returns, through R&D tax incentives and innovation grants that support continuous improvement and breakthrough development.

Innovation in Precision Engineering

Precision engineering is built on solving complex technical challenges. Common qualifying R&D activities include:

Designing and prototyping high-precision components
Developing advanced machining or fabrication techniques
Improving material performance or durability
Integrating automation, robotics, or digital twins
Enhancing accuracy, repeatability, or production efficiency

These activities often involve experimentation and technical uncertainty—making them eligible for R&D tax relief.

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GRANT FUNDING FOR PRECISION ENGINEERING INDUSTRY

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Combining Grants and R&D Tax Incentives

Many businesses don’t realise they can benefit from both government grants and R&D tax incentives, and combining them strategically can significantly boost your innovation budget.

At FI Group, we help you:

Identify eligible projects for both grants and tax incentives
Sequence funding to avoid overlaps and maximise returns
Navigate compliance with local regulations and reporting requirements

Whether you’re developing ultra-precise components, refining production methods, or integrating smart technologies, we ensure you get the full financial support you deserve.

Innovation deserves more than one reward, let us help you claim them all.

Why FI Group?

At FI Group, we know that precision engineering is about solving complex technical problems with accuracy and innovation. We combine deep technical expertise with financial insight to help you maximise your R&D returns.

In-house PhD experts in mechanical engineering, materials science, and automation
Extensive experience with R&D tax incentives and innovation grants
End-to-end support in grant writing, submission, and audit defence
Offices across 20+ international markets, including Singapore
Global best practices tailored to local compliance

Why FI Group?

In-house PhD experts in mechanical engineering, materials science, and automation
Extensive experience with R&D tax incentives and innovation grants
End-to-end support in grant writing, submission, and audit defence
Offices across 20+ international markets, including Singapore
Global best practices tailored to local compliance

Precision engineering