LEVEL OF SUPPORT
Successful applicants will receive funding support of
up to 70% of qualifying third-party costs, subject to STB's evaluation on the tourism merits and scope of the project. Qualifying third-party costs include cost items related to professional services, production and marketing.
Proposed projects will be assessed based on their potential to deliver key tourism outcomes, such as increasing tourism receipts contribution, strengthening destination branding, offering greater authenticity for Singapore and enhancing precinct vibrancy amongst others.
Interested applicants are advised to provide an executive summary / brief description of the proposed project to STB_Incentives@stb.gov.sg. An STB officer will be in touch to assist you further. The STB officer in-charge of your project will advise you if your proposed project is eligible for TIP-iT and to proceed with the application.
Please note that projects that have commenced prior to STB’s offer of the grant may not be eligible.
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.