Income Insurance Limited and Singapore’s National Council of Social Service (NCSS) have formalised a partnership to launch the Income OrangeAid Caregiver Support Accelerator Grant, a $10 million initiative focused on strengthening the caregiver support ecosystem.
The agreement, marked by a Memorandum of Understanding, seeks to provide Social Service Agencies (SSAs) with the resources needed to develop and scale programmes that address the needs of caregivers within the community.
Recent findings from the NCSS 2024 Quality of Life Study highlighted that caregivers in Singapore face lower quality-of-life scores than non-caregivers, particularly in physical health, social relationships, and environmental factors.
With projections indicating that half of healthy Singaporeans may require long-term care by age 65, the demand for comprehensive caregiver support is expected to rise.
The Income OrangeAid Caregiver Support Accelerator Grant is part of Income Insurance’s broader strategy to invest $100 million in local communities by 2030 through its OrangeAid platform.
The grant is designed to help SSAs integrate caregiver support into their existing services, which have traditionally focused on direct beneficiaries such as persons with disabilities and youth.
The grant will be distributed through two calls over a five-year period, from 2025 to 2030.
Up to 20 SSA-led caregiver programmes will be supported, with each grant call funding up to 10 initiatives.
Selected programmes may receive up to $200,000 annually for the first two years and $100,000 in the third year.
This funding model is intended to give agencies the opportunity to pilot, refine, and expand sustainable caregiver support solutions.
Income Insurance’s multi-year commitment requires grant recipients to present financial sustainability plans, ensuring that successful programmes can continue beyond the grant period.
The SG Gives Matching Grant from the Singapore government will further increase the reach of the initiative by matching funds for selected social and community projects.
The first grant call is scheduled for September 2025, with a second round in 2027.
To assist SSAs in developing their proposals, an agile workshop will be provided.
Shortlisted applicants will participate in a pitch process, with final grant awards expected by January 2026.
Details on the application process will be available on the NCSS website closer to the launch date.
Andrew Yeo (pictured right), CEO of Income Insurance, said the company aims to support long-term, scalable solutions for caregivers through this grant.
“We are committed to uplifting communities meaningfully by driving social impact that matters. Caregivers are essential to the well-being of families, and we believe that when caregivers are better supported over time, it will have a multiplier effect in improving their families’ overall resilience, too,” he said.
Tan Li San (pictured left), CEO of NCSS, commented that the collaboration demonstrates the role of corporate partnerships in addressing emerging social needs.
“We are grateful for the collaboration with Income Insurance, which demonstrates the important role that corporates can play through multi-year partnerships, to catalyse the development of innovative solutions to address emerging social needs,” she said.
She emphasised that supporting caregivers is consistent with NCSS’s mission to help agencies improve service delivery for both clients and their caregivers.
“This is in line with NCSS’s role as a sector developer to equip social service agencies to strengthen service delivery not just to immediate clients, but also their caregivers, thus strengthening the ecosystem of support for vulnerable individuals and families,” she said.
The announcement of the grant follows the recent Income Eco Run 2025, which took place at Marina Barrage and attracted nearly 5,500 participants.
The event, held as part of Income Insurance’s 55th anniversary, raised $70,000 for the Zero Waste movement and brought together a wide range of participants, including families, seniors, and ultra-marathoners, to promote sustainable living.
