At a glance
Programme detail
Summary
Agency
Monetary Authority of Singapore (MAS)
Parent programme
Financial Sector Development Fund
Status
Open; effective from 2 November 2026
Applicants
Insurers developing infrastructure investment capabilities in Singapore
Individual funding rate and cap
Not publicly specified
Application cycle
Not publicly specified; approach MAS
What does it support?
Support concerns the insurer's investment capability: creating dedicated infrastructure investment teams, strengthening staff expertise and engaging professional services to establish or expand the relevant investment operations in Singapore.
Who can apply?
The grant is directed at insurers developing these capabilities in Singapore. Detailed legal-entity, activity and local-ownership conditions require confirmation with MAS; a company supplying an infrastructure project should not assume it is itself an eligible applicant.
How does the support work?
MAS provides grant support through the Financial Sector Development Fund. Individual award terms, co-funding rates and commitments have not been published in the available announcement and must be established with MAS for the proposed activity.
What expenditure can qualify?
The announced support covers investment-team development, staff capability development and professional services. Exact qualifying cost definitions and exclusions remain to be confirmed with MAS.
Key conditions
- The activity must develop infrastructure investment capabilities in Singapore.
- Confirm the applicant entity, qualifying expenditure and required commitments with MAS.
- Keep the programme's total allocation separate from the funding sought for an individual insurer.
Timing and application process
The scheme took effect on 2 November 2026. Interested insurers should approach MAS for application guidance, award procedures and milestones. No general closing date or application cycle has been publicly specified.
Important programme distinctions
This is capability-development support for insurers. It should not be presented as a grant against the principal value of an infrastructure investment or as an automatic S$30 million entitlement for each applicant.