Types of Grants In Singapore | 2025 Guide for CFOs and Founders
Get a same-day eligibility check for EDG, RISC, CTC, Startup SG, and the Refundable Investment Credit.
INNOVATION GRANTS
What types of grants are available in Singapore?
Choose grants by objective and readiness: Use 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 |
Our Service Offering in Grants
We empower businesses to maximise their innovation potential through strategic grant support. Our holistic approach ensures every stage of your funding journey is optimised
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
Singapore within a global funding strategy
Are you an international company setting up or expanding in Singapore? Beyond these general grant types, there are powerful and specific schemes designed to attract global businesses, particularly focused on incentivizing R&D, innovation projects, and offering significant corporate tax relief.
See our guide for Innovation Funding for International Companies in Singapore
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