STB unveils a new five-year Tourism Development Fund, designed to catalyse the creation of innovative and quality tourism products and experiences, and capability and talent enhancement efforts among tourism-related enterprises. 


Key Enhancements to the latest tranche include extending support to travel agents and event organisers who charter cruises out of Singapore, and to hoteliers for redesign of their premises to implement productivity solutions.

The enhanced funding support is in line with STB's commitment to partner the tourism sector in harnessing growth opportunities.


The details of the enhanced schemes are being finalised and will be shared at a later date.

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​Click here ​for a quick glance of the Funds that STB offers.

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TOURISM CAPABILITY DEVELOPMENT SCHEME



Association Development Fund (ADF)

Association Development Fund (ADF)


The Association Development Fund (ADF) supports tourism-related associations by strengthening their capabilities to enable them to take on a greater leadership role to drive the development and growth of their respective industries and precincts.

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Business Improvement Fund (BIF)

Business Improvement Fund (BIF)


The Business Improvement Fund (BIF) aims to encourage technology innovation and adoption, redesign of business model and processes in the tourism sector to improve productivity and competitiveness.

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Business Improvement Fund (BIF) - Hotel Retrofitting Grant

Business Improvement Fund (BIF) - Hotel Retrofitting Grant


The Hotel Retrofitting Grant aims to catalyse hotels with legacy building constraints to unlock productivity gains through retrofitting works.

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Business Improvement Fund Plus (BIF Plus)

Business Improvement Fund Plus (BIF Plus)


The Business Improvement Fund Plus (BIF Plus) aims to encourage wider adoption of productivity initiatives by hotels industry and development of productivity technologies for hotels industry.

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Training Industry Professionals in Tourism (TIP-iT)

Training Industry Professionals in Tourism (TIP-iT)


The Training Industry Professionals in Tourism (TIP-iT) supports tourism companies in employee upgrading and talent development.

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TOURISM EVENT DEVELOPMENT SCHEME



Business Events in Singapore (BEiS)

Business Events in Singapore (BEiS)


The Business Events in Singapore scheme seeks to encourage the business events industry to anchor and grow quality events as well as catalyse the innovation of new content.

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Kickstart Fund (KF)

Kickstart Fund (KF)


The Kickstart Fund supports the creation and test-bedding of innovative lifestyle concepts and events with strong tourism potential and scalability. This is with the aim of adding to the existing quality tourism software and enhancing the vibrancy of ...

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Leisure Events Fund (LEF)

Leisure Events Fund (LEF)


​​​The Leisure Events Fund (LEF) supports the launch and development of world-class, differentiated, and celebrated leisure event experiences in Singapore so as to deliver key tourism outcomes and to contribute towards the agenda of establishing Singapore

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TOURISM PRODUCT DEVELOPMENT SCHEME



Cruise Development Fund (CDF)

Cruise Development Fund (CDF)


The Cruise Development Fund (CDF) supports the home-porting of new cruise ships or extension of existing deployments out of Singapore, with the aim of growing Singapore’s cruise industry and maximising the economic spin-offs from cruise tourism.

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Experience Step-Up Fund (ESF)

Experience Step-Up Fund (ESF)


​​​​​​The Experience Step-Up Fund (ESF) supports experience development projects that enhance attractiveness of Singapore and/or its products, hence improving overall visitor experience and satisfaction in Singapore.​

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Tourism Product Development Fund (TPDF)

Tourism Product Development Fund (TPDF)


The Tourism Product Development Fund supports the creation of new tourism products and experiences as well as rejuvenation of existing products and experiences that will heighten interest in Singapore as a tourist destination.

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