The Funding Landscape

Singapore has positioned itself as an AI hub — and the government puts its money where its mouth is. Here's what's available:

Key Grants

1. IMDA's AI Singapore

What: 100% funding for AI projects (up to $1M)

Who: Singapore-based companies

Requirements: Must use Singapore-developed AI or partner with local AI company

Best for: Substantial AI implementations

2. Enterprise Singapore's SME Grant

What: Up to 50% funding for digital transformation

Who: SMEs with 30%+ Singapore ownership

Requirements: Min $100k annual revenue

Best for: Broader digital transformation that includes AI

3. SkillsFuture Enterprise Credit

What: $10k credit for workforce transformation

Who: All companies

Requirements: At least 3 Singaporean/CPR employees

Best for: Training and capability building

4. Productivity Solutions Grant (PSG)

What: Up to 50% for pre-approved solutions

Who: SMEs

Requirements: Must use pre-approved vendors

Best for: Quick implementations of proven solutions

How to Apply

The Process

Identify relevant grant

Prepare business case

Submit application

Wait (4-12 weeks)

Execute if approved

Tips for Success

Start with a clear problem and solution

Show quantified benefits

Get a grant writer if needed

Don't over-promise

Our Recommendation

For most SMEs:

Start small — Use PSG for quick wins

Build case studies — Document ROI

Scale with IMDA — Go bigger once you've proven it works

Singapore AI Grants: What's Actually Available in 2026