What Singapore’s six FSTI 4.0 funding tracks cover

The three-year amount covers the whole programme

MAS states a commitment of up to SGD 220 million over three years for FSTI 4.0. The scheme lists six tracks. Each one addresses a different part of developing and using technology, and the published limits describe maximum support for the relevant applicants and activities. Source 1 Source 2

Shared infrastructure and internal projects have different purposes

The Infrastructure and Platform track offers up to 70% support for shared utilities and platforms. The Institution Project track offers up to 50% for eligible work including AI, distributed ledger technology and quantum projects. A shared industry system and a project by one institution therefore sit under different headings. Source 2

Building a tool differs from deploying one already on the market

AI Pathfinder covers eligible institutions adopting market-tested solutions listed on PathFin.ai, at up to 50% and a SGD 200,000 cap. The Institution Project track instead includes development and deployment of eligible innovations. The two tracks address distinct stages of use. Source 2

The hiring and scale-up ceilings use different units

The Manpower track covers up to 80% of eligible monthly internship stipends, with a SGD 1,000 monthly cap. The Hackcelerator track provides up to SGD 500,000 in follow-on funding for eligible finalists. The stipend limit and project funding limit cannot be compared as if they bought the same activity. Source 2

Sources

• Monetary Authority of Singapore FSTI 4.0 scheme overview
• Monetary Authority of Singapore grants for innovation