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Grants for Fintech & Innovation

GRANTS FOR FINTECH & INNOVATION Get funding for POCS, Hiring, BD & More AN ARGUS GLOBAL INFOGRAPHIC HIRING TALENT Up to 70% subsidy of stipends paid to interns. Up to $42K salary support. Up to 90% support for salary and course fees. GET INVESTMENTS $7 for every $3 raised by entrepreneur for the first $250K; $1 for every $1 raised thereafter. Up to $2M for general tech & $4M for deep tech. 24 $3 for every $1 raised by entrepreneur; Up to $30K. ADOPT DIGITAL SOLUTIONS 80% co-funding to adopt digital solutions to improve productivity, increase efficiency, enhance operational resilience, manage risks better, and/or serve customers better. BUSINESS DEVELOPMENT SUPPORT Up to 70% of qualifying project costs i.e. third party consultancy fees, software and equipment, and incremental internal manpower cost. Up to 70% funding support for adopting IT solution and equipment. ADOPT AI/ DATA ANALYTICS Up to 70% support for projects that demonstrate adoption of AI & DA techniques that achieve business objectives of strategy & decision making or insights generation with consideration of workforce impact, as well as applied research projects in AI and DA for Singapore and the Singapore financial sector. DO PROOF-OF-CONCEPTS Up to $200K to conduct early stage development of novel solutions to problems in financial sector. Up to $250K for POC and $50OK for POV; Startup paid up capital must be at least 10% of grant value for POC and 20% for POV. BUILD CYBERSECURITY CAPABILITIES Up to 50% support for Singapore-based financial institutions that intend to set up or expand cybersecurity operations capabilities in Singapore. SET UP INNOVATION CENTRE Up to 50% salary support to set-up innovation centres of excellence or labs in Singapore to test-bed innovative ideas and roll out market solutions. DO INSTITUTION-LEVEL PROJECTS Up to 50% support for Singapore-based financial institutions to catalyse innovative ideas and market solutions to advance the competitiveness of the financial institution and the sector. DO INDUSTRY-WIDE PROJECTS Up to 70% support on thematic industry-wide or nation-wide utility projects, for wider adoption of technological / utility infrastructure which would improve market efficiency, boost productivity, and strengthen risk management capabilities in the financial 00 services sector. EXPAND OVERSEAS Up to 70% subsidy of eligible costs, up to $20K per company per fiscal year. Up to 50% - 70% subsidy of eligible core for iMAP-supported overseas events / activities. expenses BE LISTED New Technology Sector: 70% Co-funding of eligible expenses; Up to $1M. High Growth Sector: 20% Co-funding of eligible expenses; Up to $500K. All Sector: 20% Co-funding of eligible expenses; Up to $200K. www.argusglobal.co

Grants for Fintech & Innovation

shared by acesuccesssingapore on May 08
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The financial sector is an integral part of Singapore’s ambition to be a smart nation. Find out how MAS is creating a Smart Financial Centre through FinTech and innovation. Find the full list of ava...

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