Agri-Food Cluster Transformation (ACT) Fund: Who Qualifies and What You Get
Learn how local agri-food farms in Singapore can access co-funding for high-tech farming systems and infrastructure through this fund.
The Agri-Food Cluster Transformation (ACT) Fund provides financial support to help local agri-food businesses upgrade their operations through modern technology.
Who it's for
This fund is designed for local agri-food farms and companies that are moving toward high-tech farming systems to improve their production.
What you get
You can receive co-funding to help pay for technology and infrastructure that makes your farming processes more productive.
What it costs you
To apply, you will need to prepare a detailed project proposal and a business plan. You must also provide evidence that you have the financial capacity to cover your portion of the costs.
The catch to know
The grant works on a reimbursement basis. This means you must have enough cash on hand to pay for the technology and infrastructure upfront before you can claim the money back.
How to apply
- Prepare your project proposal and business plan.
- Gather proof of your ability to fund your share of the costs.
- Submit your application through the official portal.
https://www.sfa.gov.sg/food-farming/agri-food-cluster-transformation-fund