LEVEL OF SUPPORT
Successful applicants will receive funding support of up to 50% of qualifying costs, subject to the scope of the project and STB's evaluation of the merits of the project. Qualifying costs include third-party costs relating to passenger source market development, channel development and professional services for market research and feasibility studies.
Proposals will be assessed on how they:
- Grow cruise sailings out of Singapore
- Drive cruise passenger traffic from source markets
Interested applicants are requested to contact STB for more information.
Applicants are advised to discuss the proposed project with the officer-in-charge prior to making a formal application. Formal applications must be made on prescribed application forms and submitted to STB.
Project should not commence prior to STB's offer of the grant. Applicants are encouraged to contact STB in advance of project commencement.
DISBURSEMENT OF GRANT
Grants will be disbursed to successful applicants on a reimbursement basis, subject to achievement of the agreed project deliverables and milestones. Applicants are required to submit third-party audited documents on qualifying costs for the disbursement of grants, unless otherwise stated.