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GOVERNMENT DEVELOPMENT ASSISTANCE PROGRAMMES
TIMES BUSINESS DIRECTORY OF SINGAPORE 2022/2023
FOR SPECIFIC SECTORS – Cont’d
Sector
Programmes
Description
Financial Services
Financial Training Scheme (FTS)
The FTS provides funding for financial sector-specific training programmes which are recognized under FTS, with a grant cap of $2,000 per participant per programme.
Financial Services
Grant for Equity Market Singapore (GEMS) - Listing
GEMS (listing) helps to encourage potential issuers to list on the Singapore Exchange (SGX) by co-funding part of the eligible listing expenses.
Financial Services
Grant for Equity Market Singapore (GEMS) - Research Initiative
The Research Initiative Grant is earmarked to fund crowd-sourced initiatives that will propel the development of Singapore’s equity research ecosystem.
Financial Services
Grant for Equity Market Singapore (GEMS) - Research Talent Development
GEMS (research) encourage Financial Institutions (FIs) based in Singapore to hire equity research professionals by co-funding hiring costs of equity research analysts.
Financial Services
Digital Acceleration Grant (DAG) - Industry Pilot
DAG scheme supports joint projects by multiple Singapore-based Financial Institutions (FIs) to customise an existing solution with a solution provider, to improve productivity, strengthen operational resilience, manage risks better, and serve customers better.
Financial Services
Digital Acceleration Grant (DAG) - Institution Project
DAG scheme supports Singapore-based Financial Institutions (FIs) and Fintech firms in adopting digital solutions to improve productivity, strengthen operational resilience, manage risks better, and serve customers better.
Financial Services
Institute of Banking and Finance Standards Training Scheme (IBF-STS)
The IBF-STS provides funding for programmes accredited under the IBF standards, with a grant cap of $7,000 per participant per programme.
Financial Services
International Postings Programme (iPOST)
The iPOST initiative helps Financial Institutions (FIs) defray part of the costs incurred in sending Singapore citizen staff on global and regional attachments or postings.
Financial Services
Artificial Intelligence and Data Analytics (AIDA) Grant
The AIDA grant supports projects that demonstrate adoption of artificial intelligence (AI) & data analytics (DA) techniques that achieve business objectives of strategy & decision making with workforce impact, as well as applied research projects in AI and DA for Singapore’s financial sector.
Financial Services
Proof-of-Concept (POC) Grant
The POC grant supports up to 50% of qualifying costs for projects which aim to develop a novel concept of resolving industry-wide problems, using technology or business processes. Maximum support of up to $200,000.
Food & Beverage (F&B)
Healthier Dining Grant
The Healthier Dining Grant is a funding scheme which empowers Healthier Dining Programme Partners to promote healthier menu options.
Food & Beverage (F&B)
Healthier Dining Innovation Grant (HDI)
HDI is a funding scheme of up to $5,000 for F&B operators to take their first step towards capability upgrading in four areas: Research & development (R&D), Purchase of Healthier Ingredients, Culinary Training, and Recipe Reformulation.
Food & Beverage (F&B)
Healthier Ingredient Development Scheme (HIDS)
HIDS incentivises food ingredient manufacturers/suppliers to develop greater varieties of healthier ingredients, and to promote their adoption among F&B businesses and consumers. The scheme funds up to 80% qualifying project costs, capped at $500,000.
Food & Beverage (F&B)
Healthier Ingredient Promotion Scheme (HIPS)
HIPS incentivises food ingredient manufacturers/suppliers to promote the adoption of healthier ingredients, among F&B businesses and consumers. The scheme funds up to 80% qualifying project costs, capped at $300,000.
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