Grants for Innovation

Find out about grants and support to accelerate your innovation, business development and more.

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Financial Sector Technology and Innovation Scheme (FSTI 3.0)

FSTI 3.0 seeks to accelerate and strengthen innovation by supporting projects that involve the use of cutting-edge technologies or with a regional nexus, while doubling down on MAS’ commitment to promote a vibrant technology ecosystem for the financial sector. Read media release.

The FSTI Quantum Track is established within the Financial Sector Technology & Innovation Scheme (FSTI 3.0), where MAS will earmark S$60 million to support the innovation under this track. Read media release.

View FSTI 3.0 Infographic
View FSTI 3.0 – Quantum Track Infographic

Tax Exemptions

Besides grants, startups can also tap on IRAS’ tax exemption schemes and other tax reliefs that can help reduce your tax bill (full exemptions for the first $100K and up to 50% exemption on the next $200K of normal chargeable income).

Find Out More

For more information, contact MAS at fintech_office@mas.gov.sg .