New $300m grant to fund nascent technologies in Singapore under RIE2030
The grant is part of the Research, Innovation and Enterprise 2030 plan.
Singapore has allocated a $300 million grant under RIE2030 to foster innovative technologies, which will be supported until they reach commercialization. The National Research Foundation (NRF) will provide up to $3 million per project, with an additional $1 million earmarked for the Startup SG Equity scheme to back early-stage startups and growth-stage deep tech ventures.
This initiative forms part of Singapore's broader Research, Innovation and Enterprise 2030 (RIE2030) plan, which was unveiled in August 2025. The grant is targeted towards promising research, with a focus on enhancing sectors such as semiconductors, transport and connectivity, and healthcare. Specific areas like advanced packaging for semiconductors and autonomous systems for transport are also emphasized.
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