Grant for Equity Market Singapore (GEMS) Scheme
Supports Singapore listed and licensed financial firms with guidance for listing and investor research.
The Grant for Equity Market Singapore (GEMS) Scheme is administered by MAS under the Financial Sector Development Fund (FSDF), running from 21 July 2025 to 31 December 2028. GEMS has two distinct funding components: a Listing Grant for companies undertaking initial public offerings or secondary listings on the Singapore Exchange (SGX), and a Research Development Grant for licensed financial instit…
SGX Mainboard IPOs, Catalist IPOs, ETFs, Depository Receipts; licensed FI equity research production and dissemination covering Singapore-listed or listing companies.
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Guides for this application
All guides →Grant Financials and Co-Funding Evidence: Examples for Startup Applications
See examples of grant financials, match funding evidence, co-funding tables, accountant letters, investor commitments, and budget-to-work-plan checks.
Submit & reportGrant Reporting Requirements: Post-Award Reports and Compliance
Learn what grant reporting requirements cover, how financial and performance reports work, what to track after an award, and how to avoid post-award compliance mistakes.
BudgetBudget Narrative Example for Grant Proposals
See how to write a grant budget narrative with line-item examples, a template structure, weak vs strong wording, and reviewer-facing cost logic.
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