STB unveils a new four-year Tourism Development Fund (TDF), designed to catalyse the creation of innovative and quality tourism products and experiences, and capability and employee upgrading efforts among tourism-related enterprises. 

Key enhancements to the latest tranche include increasing the grant cap to support new and innovative events under the Kickstart Fund, and supporting the development and enhancement of Singapore’s tourism experiences that are virtual or include pre- and post-visit experiences under the Experience Step-Up Fund to increase the attractiveness of Singapore to visitors.

With the focus for Singapore to become a sustainable urban destination, STB will support sustainable development of tourism hardware and software (i.e. events and experiences), which would create a holistic visitor experience that is sustainable across all aspects and touchpoints. To complement this, STB will also support building your workforce’s capabilities and development of innovative solutions to capture opportunities from sustainable travel.

With the enhancements made to TDF, STB is committed to partnering the tourism sector in driving tourism recovery and transformation efforts.



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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. STB has expanded BIF to include sustainability initiatives in support of our tourism companies in their sustainability journey to build resource efficiencies, pivot business models to enhance competitiveness,  scale up adoption and development of sustainable solutions and pursue sustainability certification across the tourism industries.

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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 leadership development, including training in sustainability-related areas.

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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 consumer-focused 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 into one of the world's most vibrant cities.

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Cruise Development Fund (CDF)

​​​​​​​​​​​​​​​The Cruise Development Fund (CDF) supports cruise industry players 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 Singapore's tourism experiences that increase the attractiveness of Singapore to visitors.

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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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