FSTI 3.0 — Artificial Intelligence and Data Analytics (AIDA) Grant

The AIDA Grant sits inside MAS's FSTI 3.0 framework and supports adoption of artificial intelligence and data analytics in Singapore's financial sector. It is built for small Singapore financial institutions, FinTechs registered with the Singapore FinTech Association, and industry consortiums that want to push AI into operational use. MAS co-funds up to 30% of qualifying expenses, capped at SGD 500,000, with the grant covering use cases such as business intelligence, regulatory reporting, KYC, fraud detection, insurance underwriting, and portfolio analytics. The scheme has been extended until 16 July 2026, expenses incurred overseas can be supported, and the manpower split is tighter for non-Singaporean staff than for Singapore Citizens. Applicants need to file at least three months before project commencement, and the post-award admin is not light: status reports with KPIs and an auditor's certification are tied to claims. That makes the track best for teams that can articulate a clear production use case, keep the scope tightly defined, and document impact from the start.

Each grant below is a distinct funding opportunity with its own eligibility, scope, and deliverables.