Types of Grants In Singapore | 2025 Guide for CFOs and Founders

Fast, audit-ready grant support in Singapore
Fast, audit-ready grant support in Singapore

Get a same-day eligibility check for EDG, RISC, CTC, Startup SG, and the Refundable Investment Credit.  

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INNOVATION GRANTS

What types of grants are available in Singapore?

Singapore offers a wide range of government grants designed to support innovation, digital transformation, sustainability, and talent development. From startup funding and sector-specific programmes to R&D tax incentives and strategic investment credits, companies can tap into tailored schemes aligned with their growth goals. FI Group Singapore helps businesses navigate and secure the most relevant grants to maximise impact and ROI. 

Which grant should I choose?

Choose grants by objective and readinessUse EDG for transformation, Startup SG Tech for deep-tech innovation, and A*STAR T-Up to build internal R&D. If you’re scaling or anchoring high-value projects, EDB grants like RIC or RIS(C) offer deeper support. Blend with EIS to optimise your after-tax innovation spend. 

Quick Singapore grant comparison table 

Scheme  Agency  Purpose  Typical Support 
EDG  EnterpriseSG  Capability, innovation, sustainability  Up to 50% (70% for sustainability till 31 Mar 2026) 
Startup SG Tech  EnterpriseSG  Deep-tech POC/POV development  Up to S$800,000 
A*STAR T-Up  EnterpriseSG / A*STAR  Talent secondment for R&D  Up to 70% (SMEs) 
RIS(C)  EDB  R&D and innovation manpower/equipment  60% (local), 30% (foreign) 
RIC  EDB  Investment tax credits  10%, 30%, or 50% refundable 
REG(E)  EDB  Carbon abatement in industry  Up to 50% of qualifying costs 
BETC  BCA  Built environment transformation  Up to 70% (SMEs) 
CTC Grant  NTUC / e2i  Enterprise and workforce transformation  Up to 70% 
DLP  IMDA  Digital transformation hiring  Up to S$200,000 over 2 years 
AIDA Grant  MAS  AI and data analytics in finance  Up to S$500,000 or 30% 
FSTI 3.0 – Centre of Excellence  MAS  Innovation hubs in financial sector  Up to 50% manpower/rental 
FSTI – Early Innovation  MAS  Nascent FinTech experimentation  Up to S$400,000 or 50% 
FSTI – ESG FinTech  MAS  ESG tech adoption in finance  Up to S$500,000 or 50% 
FSTI – Quantum Track  MAS  Quantum innovation and pilots  Up to 50% (30% for pilots) 
MINT Fund  MPA  Maritime R&D and commercialization  Co-funding (amount varies) 
EIS / R&D Tax Deductions  IRAS  Tax-based innovation incentives  400% deduction or 20% cash payout 
How FI Group Singapore Helps
We turn your innovation roadmap into a funding strategy. From grant mapping to audit-ready applications, our team simplifies the process, models interactions between grants and tax incentives, and ensures compliance across agencies. With deep local expertise and global coordination, we help CFOs secure non-dilutive capital—faster, with less internal lift.

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Why CFOs choose FI Group 

  • End-to-end execution: From eligibility to submission, we manage the full lifecycle. 
  • Built-in compliance: We anticipate audit needs and align documentation from day one. 
  • Strategic clarity: We connect funding to business outcomes, not just paperwork. 
International context
International context

Singapore within a global funding strategy 

If you are HQ in Europe or the US with APAC growth, Singapore’s blended model of grants plus tax-based EIS can be harmonised with other jurisdictions. FI Group’s single-point-of-contact approach makes cross-border planning, reporting, and compliance simpler for Group Finance and Tax. 

International context

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