How to Apply for Anchor Booster (RIPS 2024) — 20% Top-Up on Asset Creation Incentive

There is no separate Anchor Booster window with its own shortlist. Assessment is folded into the RIPS 2024 evaluation machinery.

• Service enterprise check — the applicant must be verified as an eligible Service Enterprise under the scheme.
• Anchor classification review — the enterprise's claim to be a Regional Anchor or Sectoral Anchor is examined against Annexure 9.1.2 of RIPS 2024.
• Base incentive determination — the project's eligibility for the Asset Creation Incentive is established first.
• Booster application — for enterprises that clear the above steps, the 20% uplift is then added to the eligible Asset Creation Incentive.
• Multi-stage departmental and committee review — relevant government departments and committees assess the proposal to confirm it complies with policy stipulations and aligns with the scheme's strategic objectives.

Applicants submit a detailed project proposal with supporting documents and are assessed against RIPS 2024 criteria. The booster is applied to approved Asset Creation Incentive claims rather than sanctioned as a separate grant.