Exploring the MAS VCC Grant: Singapore Business Opportunities
5 minutesThe MAS VCC Grant presents a unique opportunity for Singapore businesses to leverage the benefits of the Variable Capital Companies (VCC) framework, designed to enhance the flexibility and attractiveness of fund management in Singapore. This innovative scheme, launched by the Monetary Authority of Singapore (MAS), aims to support companies in establishing and operating VCCs by providing financial grants to offset initial costs. In this article, we look into the key features of the MAS VCC Grant, including eligibility criteria for applicants, funding details, and the required operational period. Additionally, we will offer practical tips on setting up a VCC to help businesses navigate this promising avenue for growth and investment.
