Singapore provides some of the most generous business funding in the world. For SMEs trying to reduce costs, increase productivity, or adopt digital tools, government grants can cover up to 50%–90% of costs.
Here are the top grants you should know in 2025:
1. Enterprise Development Grant (EDG)
Supports business transformation, innovation, and capability development.
2. Productivity Solutions Grant (PSG)
Funding for digital tools such as HRMS, CRM, POS, accounting, and cybersecurity.
3. SkillsFuture Enterprise Credit (SFEC)
Extra credits for SMEs investing in training and enterprise solutions.
4. Job Redesign Grant (JRG)
Helps companies redesign tasks to improve productivity.
5. Career Conversion Programme (CCP)
Subsidises salary and training up to 90% when hiring mid-career talent.
6. Workfare Skills Support (WSS)
Training support for lower-wage Singaporeans to upgrade skills.
7. Startup SG Founder Grant
Funding for new entrepreneurs with innovative ideas.
8. Energy Efficiency Grants
Support for businesses adopting greener operations.
9. Market Readiness Assistance (MRA)
Funding for overseas expansion, market testing, and branding.
10. Digital Leaders Programme
For companies appointing qualified digital leaders.
How SMEs Can Maximise Grants
- Combine grants strategically
- Plan training roadmaps
- Adopt digital tools early
- Use consultants to speed up approvals
Conclusion
Government support in Singapore is strong — SMEs that take action early gain a significant advantage.
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