The Services and Digital Economy (SDE) domain is one of the four strategic technology domains under the $19 billion Research, Innovation & Enterprise (RIE) 2020 Plan. RIE 2020 signals Singapore’s strong and continued commitment to research and development, and innovation and enterprise efforts from 2016 to 2020. Specifically, the SDE domain aims to develop and integrate Singapore’s digital innovation capabilities to meet national priorities and aid in industry transformation of key industries in the services sector.
To further strengthen our innovation capacities and remain globally competitive, the SDE budget will be increased by an additional $300 million, that is almost double that of the current budget committed. This increase will help to further boost our Smart Nation and Digital Economy aspirations in the mid to long term. It is part of the next phase of the National Research Foundation (NRF)’s Research, Innovation and Enterprise 2020 plan, which will be announced at a later date.
For more information, please refer to factsheet here.