OpenGrantInnovation & R&D

Research and Innovation Scheme for Companies (RIS(C))

Administered byEconomic Development Board logo· Last verified 23 Oct 2026

EDB grant that co-funds companies' technology development and innovation activities in Singapore (successor name of the Research Incentive Scheme for Companies, RISC). Mostly for larger R&D projects negotiated with EDB.

Support
Case-by-case; EDB does not publish rates. Historically co-funds a share of qualifying manpower, equipment/materials/software, professional services and IPR costs.
Maximum funding
No fixed cap published
How to apply
Contact EDB (EDB Portal / account officer)
Apply before starting?
Yes, before any commitment or payment

Recent changes

Still listed on EDB's incentives page (Oct 2026). No Budget 2025/2026 change found.

Who is eligible

  • Registered and operating in Singapore
  • Company carrying out technology development/innovation in Singapore
  • Assessed case by case by EDB (economic contribution, R&D headcount, spend)

Quick eligibility check

  1. 1. Will the R&D or innovation work be done in Singapore?
  2. 2. Do you plan to hire or keep R&D staff in Singapore?
  3. 3. Is the project large enough to justify a bespoke EDB grant?
  4. 4. Have you not started the project yet?
  5. 5. Can you commit to agreed milestones over several years?

0 of 5 answered.

What it covers

  • R&D manpower
  • Equipment, materials and software
  • Professional services
  • Intellectual property rights

How to apply

  1. Contact EDB to discuss the R&D project
  2. Submit project proposal and budget
  3. EDB evaluates and negotiates terms and milestones
  4. Sign grant agreement; claim against milestones

Claims: Periodic claims against approved qualifying costs and milestones in the grant agreement.

Documents you need

  • Project proposal (objectives, technology, milestones)
  • Detailed budget by cost category
  • R&D manpower plan (Singapore headcount)
  • Audited financial statements
  • ACRA business profile

Frequently asked questions

What is the Research and Innovation Scheme for Companies?

EDB grant that co-funds companies' technology development and innovation activities in Singapore (successor name of the Research Incentive Scheme for Companies, RISC). Mostly for larger R&D projects negotiated with EDB.

How much funding does RIS(C) give?

Case-by-case; EDB does not publish rates. Historically co-funds a share of qualifying manpower, equipment/materials/software, professional services and IPR costs.

Who is eligible for RIS(C)?

Applicants must be registered and operating in Singapore. Company carrying out technology development/innovation in Singapore Assessed case by case by EDB (economic contribution, R&D headcount, spend)

How do I apply for RIS(C)?

Apply through Contact EDB (EDB Portal / account officer). You must apply before the project starts or any payment is made.

What documents do I need for RIS(C)?

Project proposal (objectives, technology, milestones); Detailed budget by cost category; R&D manpower plan (Singapore headcount); Audited financial statements; ACRA business profile.

Sources

Information last verified on 23 Oct 2026. Grant rules change often. Always confirm with EDB before you apply.

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