Maritime Innovation and Technology (MINT) Fund

Maritime Innovation and Technology (MINT) Fund

The MPA has injected of a total of $265 million into the Maritime Innovation and Technology (MINT) Fund since 2003 to grow Singapore’s maritime innovation and technology ecosystem. . The objectives of the MINT Fund are to:

 

  1. Develop competitive edge for the port of Singapore (i.e. a world-class port and port services that are smarter, safer, more efficient and sustainable);
  2. Build up technological capabilities within our maritime industry in key niche areas; and
  3. Transform the maritime sector into a highly productive and innovative cluster by leveraging leading-edge technologies.

 

There are currently two funding schemes available:

 

MINT-Research & Development (MINT-RD)

This scheme promotes applied R&D and encourages development of maritime technology and IP/patent and capabilities development, and is relevant to maritime technology developers, marine and port equipment makers and maritime companies with in-house R&D outfit in Singapore..

 

MINT-Product Development (MINT-PD)

This scheme encourages product and solution development, value creation, and translation of technologies for maritime applications. It is relevant to technology developers, marine and port equipment makers, systems integrators and maritime companies with in-house technology product development (for industry) outfit in Singapore.  and.

 

 

For more queries, please feel free to drop an e-mail to: mint@mpa.gov.sg