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.



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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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Local Enterprise and Association Development Programme (LEAD)

The Local Enterprise and Association Development (LEAD) Programme supports efforts by Trade Associations & Chambers (TACs) to drive industry initiatives, focusing on areas like technology & infrastructure, business collaborations, intelligence & research.

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Training Industry Professionals in Tourism (TIP-iT)

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

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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)

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 Singapore as a tourist destination.

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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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Cruise Development Fund (CDF)

​​​​​​​​​​​​​​​The Cruise Development Fund (CDF) supports cruise industry players such as cruise lines, travel agents, charterers and trainers in activities that will build strong consumer demand for cruises from Singapore.

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Experience Step-Up Fund (ESF)

The Experience Step-Up Fund (ESF) supports development and enhancement of tourism experiences that increase the attractiveness of Singapore to visitors, hence improving overall visitor experience.

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Tourism Product Development Fund (TPDF)

The Tourism Product Development Fund (TPDF) supports the creation, development of new tourism products and/or major rejuvenation of existing tourism products to increase Singapore destination attractiveness to visitors.

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