Financial Sector Technology and Innovation Scheme (FSTI 3.0)
FSTI 3.0 was MAS's previous Financial Sector Technology and Innovation Scheme. Its application window closed at the end of March 2026 and it has been succeeded by FSTI 4.0. Refer to the active FSTI 4.0 record for current support.
Eligibility Criteria
- 01
Financial institutions and fintech companies
- 02
Global technology companies establishing presence in Singapore
- 03
Research institutions and universities with financial sector focus
- 04
Projects must involve cutting-edge technologies or regional applications
- 05
Must demonstrate potential for significant industry impact and scalability
Existing Applications and Claims
1. Contact MAS FinTech Office at fintech_office@mas.gov.sg to discuss project concepts 2. Submit detailed project proposals 3 months before intended commencement 3. Choose appropriate track based on project nature and scope 4. Demonstrate alignment with FSTI 3.0 objectives and cutting-edge technology usage 5. Show potential for regional impact and market adoption
Claims and Disbursement
Structured co-funding disbursement based on project phases and milestones. Enhanced support available for quantum technology projects. Regular progress reviews and compliance with scheme requirements mandatory.
Frequently Asked Questions
Enhanced focus on cutting-edge technologies, regional nexus projects, and dedicated quantum technology track with S$60 million earmarked
Dedicated track within FSTI 3.0 with S$60 million earmarked specifically for quantum computing innovation in financial services
Yes, global technology companies and international entities are encouraged, especially those establishing regional presence in Singapore
Quantum computing, AI, ESG FinTech, RegTech, and other cutting-edge technologies with financial sector applications
FSTI 3.0 represents the current iteration running until March 2026. Future versions may be announced based on industry needs
Related Grants
Financial Sector Technology and Innovation Scheme (FSTI 4.0)
Monetary Authority of Singapore
S$220 million total MAS commitment over 3 years. Funding quantum and co-funding terms vary by FSTI 4.0 track; MAS has not published a single scheme-wide per-applicant cap in its announcement.
The Monetary Authority of Singapore (MAS) has renewed its Financial Sector Technology and Innovation Scheme as FSTI 4.0. MAS has committed S$220 million over three years to strengthen Singapore's FinTech ecosystem and accelerate financial-sector innovation and technology adoption. The scheme builds on FSTI 3.0, whose application window ended in March 2026. FSTI 4.0 is delivered through six tracks: Manpower; Institution Project; AI Pathfinder; Infrastructure & Platform; Centre of Excellence; and MAS FinTech Awards. The tracks support the development and deployment of frontier technologies, including artificial intelligence, distributed ledger technology and quantum technology, as well as sector-wide infrastructure, innovation functions and FinTech talent development.
Maritime Innovation & Technology (MINT) Fund
Maritime and Port Authority of Singapore (MPA)
Funding varies based on project scope and innovation potential
The Maritime Innovation and Technology Fund (MINT Fund) supports research and development initiatives in Singapore's maritime sector. Administered by MPA, this fund promotes innovation and technology adoption to enhance the competitiveness and sustainability of Singapore's maritime industry. The fund supports projects that advance maritime technology, improve operational efficiency, and contribute to the development of next-generation maritime solutions. This aligns with Singapore's vision to be a leading smart maritime nation.
Land Transport Innovation Fund (LTIF)
Land Transport Authority (LTA)
Up to S$2 million per project (part of S$25 million fund over 5 years)
The Land Transport Innovation Fund (LTIF) supports innovation and technology development in Singapore's land transport sector. LTA has committed S$25 million over five years to kick-start mobility-related research and trials for the industry. The fund aims to create innovative transport solutions through strong public-private partnerships and is designed to grow the land transport industry into one enabled by technology while developing a highly competent workforce. The initiative supports the Land Transport Industry Transformation Map 2025 objectives for a sustainable, resilient, and cost-effective transport system.
Tourism Development Fund (TDF)
Singapore Tourism Board
Varies by sub-scheme - see individual grant programmes
Singapore Tourism Board (STB) partners with the tourism sector to strengthen Singapore's tourism through the Tourism Development Fund (TDF). The TDF is the umbrella framework that encompasses all STB grant schemes, designed to catalyse the creation of innovative and quality tourism products and experiences, and support capability and employee upgrading efforts among tourism-related enterprises. The TDF consists of three main schemes targeting different dimensions of tourism development: Tourism Capability Development Scheme (including BIF, LEAD, and TIP-iT), Tourism Event Development Scheme (including BEiS, Kickstart Fund, and LEF), and Tourism Product Development Scheme (including CDF, ESF, and TPDF). Key enhancements to the latest tranche include increasing the grant cap to support new and innovative events under the Kickstart Fund, and supporting the development and enhancement of Singapore's tourism experiences that are virtual or include pre- and post-visit experiences under the Experience Step-Up Fund.
Enterprise Innovation and Capability Development Grant (InnoGrant)
Sport Singapore
Up to S$1,000,000 per project
Sport Singapore's enhanced Enterprise Innovation and Capability Development Grant (InnoGrant) is designed to catalyse the development of stronger growth engines within Singapore's sport and fitness industry. The grant offers financial support for innovative solutions in sport and fitness. The InnoGrant has three core objectives: (1) build capability and/or capacity of enterprises in the development and application of technology and/or innovation solutions, (2) enable sport and fitness as a platform to encourage collaborative R&D with adjacent industries, and (3) surface innovative ideas/solutions that have potential to be new growth engines for the sport and fitness industry.
Healthier Dining Innovation Grant (HDIG)
Health Promotion Board
Up to S$5,000 per application
The Healthier Dining Innovation Grant (HDIG) is a funding scheme administered by the Health Promotion Board (HPB) designed to help F&B operators take the first step towards capability upgrading and undertake food-innovation related activities. The grant helps reduce costs incurred in developing healthier dishes across four key areas: Research & Development, Purchase of Healthier Ingredients, Culinary Training, and Recipe Reformulation. The grant is part of HPB's broader Healthier Dining Programme (HDP) which aims to make healthier dining options more accessible to Singaporeans. The HDIG supports the purchase of healthier ingredients such as wholegrains, Healthier Choice Symbol (HCS) sauces, and lower-sodium salt from HPB accredited suppliers.