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Artificial Intelligence and Data Analytics (AIDA) Grant

Monetary Authority of Singapore

The AIDA Grant is part of the Financial Sector Technology and Innovation (FSTI) scheme to promote AIDA adoption in Singapore's financial sector. It provides up to 30% co-funding of qualifying expenses, capped at SGD $500,000, for projects focused on improving decision-making and generating better insights using AI and data analytics. The scheme is open to small Singapore-based Financial Institutions, FinTechs, or Industry Consortiums.