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Program

New Idea Scheme (NIS)

Supports the New Idea Scheme allows businesses to test novel concepts within a customised regulatory sandbox when existing agency sandbox programmes.

Ministry of Trade and Industry (Singapore)SingaporeEndorsement / certification

The New Idea Scheme allows businesses to test novel concepts within a customised regulatory sandbox when existing agency sandbox programmes don't cover their sector or business model. MTI co-develops the sandbox parameters with the applicant and connects them to the relevant regulatory agencies.

This is NOT a cash grant. NIS provides regulatory facilitation — a bespoke, time-limited sandbox with …

AIBiotechClimate TechEnergy TechHardwareAdvanced ManufacturingMedtechMobility

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

Last verified: 31 May 2026Source: www.mti.gov.sg