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.
ELIGIBILITY CRITERIA
The CDF is open to cruise lines, charterers, intermediaries (e.g. travel agents, destination management companies, ground handlers), experience owners and industry trainers.
Proposed projects should fall under one of the following categories:
Anchoring Deployments:
1. Deployment of new ships to Singapore
2. Extension of existing deployments out of Singapore
3. Chartering of cruise sailings out of Singapore
Growing The Industry:
1. Development and marketing of fly-cruise packages
2. Development of experiences such as pre-cruise and post-cruise experiences, shore excursions and/or land tour packages
3. Development of seasonal themed cruises (e.g. create onboard wellness-themed programming, to coincide with Singapore wellness events)
4. Development of training courses focused on promoting cruising in Singapore and Southeast Asia
5. Third party consultancy studies related to cruising in Singapore and Southeast Asia
GRANT SUPPORT
Successful applicants will receive funding support for qualifying costs, subject to the scope of the project and STB's evaluation of the merits of the project. Qualifying costs may include third-party costs relating to consumer and trade marketing, terminal operator port charges, content development and production costs, and third-party consultancy costs.
APPLICATION EVALUATION
Proposals will be assessed on how they:
- Grow cruise sailings out of Singapore
- Drive cruise passenger traffic from source markets
- Drive overall contribution to Singapore in terms of economic impact and growth of Singapore's cruise industry
APPLICATION PROCESS
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 CDF 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.
CONTACT INFORMATION
For more information and any queries on the grant scheme, you may contact:
1) STB Cruise Division at STB_Cruise@stb.gov.sg
2) STB Incentive Policy Department at STB_Incentives@stb.gov.sg
For any feedback or suggestions, you may email the Quality Service Manager at STBqsm@bizengage.gov.sg or leave your message here.
DID YOU KNOW?
Have you done the Grant Eligibility Check to identify which grant is relevant for your project?
For an overview of all the grants that STB offers, you may refer to the Grants Overview page.