Enterprise Innovation Scheme (EIS)
Funds tax deductions on qualifying innovation expenditure plus optional cash payout IRAS-administered tax_credit_not_grant.
About
The Enterprise Innovation Scheme is a statutory tax incentive co-administered by the Inland Revenue Authority of Singapore and Enterprise Singapore. Announced in Budget 2023, it applies from YA 2024 to YA 2028 and is meant to reward companies that spend on innovation rather than to operate as a discretionary grant round.
Eligible businesses can claim 400% tax deductions on up to S$400,000 of qual…
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Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.