Budget Navigator on GoBusiness
Check out the Budget Navigator for Businesses on the GoBusiness portal.
National AI Strategy
National AI Council
The Government will set up an inter-ministerial committee, the National AI Council, to provide strategic direction and drive the national AI agenda. The National AI Council will:
- Provide strategic direction for Singapore’s National AI Strategy and ambition, including overseeing the development and execution of the AI Missions
- Commission AI Mission(s) in priority sectors with strong industry relevance and growth potential, that address complex, frontier problem statements
- Unlock regulations and resources to accelerate the development, testing, deployment, and scaling of innovative and impactful AI solutions
Visit the Smart Nation website for more information on the National AI agenda.
AI Missions
The Government will launch a set of national AI Missions to transform four key sectors of Singapore’s economy using AI:
- Advanced Manufacturing
- Connectivity
- Finance
- Healthcare
Working closely with the industry, the Government will identify clear problem statements in these sectors, and align research and development, regulatory, and investment promotion efforts to accelerate the development, testing, deployment, and scaling of AI solutions.
For Businesses
Champions of AI Programme
The Champions of AI programme is a flagship national initiative by Enterprise Singapore and Digital Industry Singapore to support leading Singapore-based companies in transforming their business end-to-end with AI. The initiative goes beyond pilot projects to enable enterprise-wide adoption of AI across business functions, systems, and workforce. Participating companies receive customised support, including:
- Development of tailored, long-term business transformation roadmaps to identify, prioritise, and execute AI transformation projects across key business domains
- Implementation of priority AI projects for enterprise-wide deployment
- Change management and workforce training to facilitate holistic and effective organisational transformation
- Building up an in-house AI team to drive and sustain AI transformation
- Facilitation of targeted collaborations with expert partners
Interested? Register your interest. Visit the Enterprise Singapore website for more information on the Champions of AI programme
Enterprise Innovation Scheme
The Enterprise Innovation Scheme (EIS) encourages businesses to engage in research and development, innovation, and capability development activities.
Budget 2026 enhances the EIS to cover qualifying AI expenditure: businesses can claim 400% tax deductions/allowances on up to $50,000 of qualifying AI expenditure per year for Year of Assessment (YA) 2027 and 2028.
No separate application required.
Visit the IRAS website for more information on the Enterprise Innovation Scheme.
Who is eligible for the EIS enhanced tax deductions/allowances?
Only sole-proprietorships, partnerships, companies (including registered business trusts), registered branches and subsidiaries of a foreign parent or holding company are eligible for EIS enhanced tax deductions/allowances. The qualifying conditions as follows:
- Carry on active business operations in Singapore
- Incurred qualifying expenditure during the basis period of the qualifying YA
Productivity Solutions Grant
The Productivity Solutions Grant helps Singapore companies improve productivity and automate existing processes by adopting pre-approved IT solutions and equipment.
Budget 2026 expands the PSG to support a wider range of AI-enabled solutions available. Local SMEs can receive up to 50% of eligible costs.
Apply on the Business Grants Portal. Visit the Enterprise Singapore website for more information on the Productivity Solutions Grant.
Who is eligible for the Productivity Solutions Grant?
- Business entity that is registered and operating in Singapore
- At least 30% local shareholding
- Has annual group revenue of up to $100 million or maximum employment size of 200 employees
- IT solutions or equipment that are purchased, leased, or subscribed to must be used in Singapore
- Grant applicant must not have made payment, and/or any form of deposits to a supplier, vendor or third party in relation to the purchase, or leased or subscribed to the IT solution or equipment, prior to application submission
For Workers
TechSkills Accelerator
TechSkills Accelerator (TeSA) helps mid-career workers transition into tech roles, and keeps the existing tech workforce relevant within the fast-changing Information and Communications Technology sector.
Budget 2026 expands TeSA to support AI skills training in non-tech, cross-sectoral occupations, starting with the accountancy and legal professions, and progressively extending to other fields.
Visit the IMDA website for more information on the TechSkills Accelerator.
AI Courses on SkillsFuture
The redesigned MySkillsFuture website will help Singaporeans find relevant AI courses that match their needs and proficiency levels. The new website will include curated recommendations for in-demand skills areas, an AI-powered chatbot for personalised guidance and occupation-based course exploration tools. Singaporeans can also expect a more seamless course enrolment process using pre-filled Singpass information to enrol directly in courses via the MySkillsFuture portal.
Visit the MySkillsFuture website for more information.
Subscription to Premium AI Tools
Singaporeans who have completed selected AI training courses on the MySkillsFuture portal can receive six months of free access to premium versions of AI tools, to encourage learning-by-doing with AI.
Visit the MySkillsFuture website for more information on redeeming your AI subscription.
Who is eligible for the six months of free access to premium version of AI tools?
- You are a Singapore Citizen
- You are aged 18 and above
- You have attended an eligible AI course that ends on 16 Sep 2026 or later
- One per person: you can redeem only one free subscription, regardless of how many eligible courses you attend.
Related Content
Singapore Budget 2026 is part of the Ministry of Finance, Singapore. Visit website