For who?

• Singapore-registered businesses, companies and organisations.

For what?

• To encourage and assist businesses to set up R&D centres in Singapore and to develop in-house R&D capabilities in strategic areas of technology.
  
  
• The proposed project must:
  
  
  • develop or bring in R&D capability which is strategic to enhancing the competitiveness of the company. The R&D programme should be a fairly long term commitment by the company and result in measurable benefits to the Singapore economy.
    
    
  • result in significant increase in R&D spending over a specific duration, with intermediate milestones for verifications.
    
    
  • increase and train a significant number of research scientists and engineers (RSEs).
    
    
  • not have commenced at the time of application.

How much?

• The RISC supports a percentage of the qualifying cost of the project. The level of support is:
  
  
  • manpower-related cost - 50% support 
  • equipment, materials/consumables and software costs - 30% support
  • professional services - 30% support
  • intellectual property rights - 30% support

Things to note

• The grant is disbursed on a reimbursement basis. The first disbursement may be effected after acceptance of offer.
  
  
• Claims may be made on a quarterly basis with the final claim made within 6 months of completion of project. 

For more info

Research Incentive Scheme For Companies (RISC)
Singapore Economic Development Board (EDB)

Download RISC brochure (PDF)