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.
The TPDF is open to all businesses / companies or associations registered in Singapore.
Proposed projects should fall under one of the following categories:
- New Product Development
- Existing Product Rejuvenation
LEVEL OF SUPPORT
Successful applicants will receive funding support of up to 50% of 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 project-related costs such as professional services, hardware/equipment and software, materials and consumables, and production costs.
Proposed projects will be assessed on their potential to increase Singapore destination attractiveness and contribute to the tourism revenue.
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 TPDF 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.