Regulatory tracker · MAS ·
The Extended VCC Grant Scheme expires
By VCCGuide Editorial
Reviewed by the fund management team at JCube Capital Partners (JCP), a Monetary Authority of Singapore capital markets services licence holder (Licence No. CMS100895).
What changed?
The Extended VCC Grant Scheme came to the end of its tenure on 15 January 2025. Under the scheme, the Financial Sector Development Fund had co-funded 30% of qualifying VCC incorporation or re-domiciliation expenses, up to SGD 30,000 per application, for first-time qualifying fund managers. Final grant applications for VCCs set up within the eligibility window closed on 15 April 2025.
Why it matters for fund managers
No successor scheme has been announced, so managers incorporating a VCC now bear the full setup cost. Any provider still marketing the grant as available is out of date — five years of co-funding ended here, and cost planning for new VCCs should assume zero subsidy. MAS removed its dedicated scheme page after the scheme ended; its final wording — "The Extended VCCGS has come to the end of its tenure as of 15 January 2025" — is preserved in the archived copy linked below.