"Singaporean government has rolled out grants and schemes to aid the new start-ups and SMEs in the country as well as to support SMEs to be more competitive and building up a better work place in Singapore. To name a few Government Grants to support your Human Resources functions, HR Shared Services (HRSS), Capability Development Grant (CDG), Customer Centric Initiative (CCI) as well as Innovation and Capability Voucher (ICV) are among the grants that could help SMEs to propel their business forward."

"While digital transformation is not an easy journey, it need not be difficult. For one, technology is not just about high-end solutions that will cost you an arm and a leg. For another, you can begin your digitalisation journey with process automation and improved productivity. In light of this, the Singaporean government rolls out Productivity Solutions Grant (PSG) to support companies to adopt and implement IT solutions and equipment to enhance their business processes."

Small-Medium Enterprises (SMEs) are an important segment in Singapore’s business environment.

As such, the government takes great care in nurturing the growth of local SMEs. This can be seen from the grants and initiatives launched across by many Singapore Government agencies and ministries, holistically addressing the varied needs of SMEs.

"Starting up a business in Singapore and could really use the extra funds? Think you will have to fork out everything you have for your new business? If the answers are “yes,” then we have good news for you. There are 7 Start-Up Government Grants in Singapore, and if you are eligible, they can provide you with a head start in your new business venture, procure the items you need as well as to pay for all the procedural fees that would incur. So, let’s learn about the 7 Start-Up Government Grants in Singapore and get the funds you need today!"

The Enterprise Development Grant (EDG) supports projects that help you upgrade, innovate, grow and transform your business. Submit your individual project proposals with details on your business plans and project outcomes to take your business further.

Eligibility:

Business entity registered and operating in Singapore

1. Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership

2. Company is financially ready to start and complete the project. Commonly used financial indicators, such as the current ratio, will be used for assessment.

Maintaining work-life balance has become a more and more important goal for almost every employee and Singaporean government is encouraging employers to cultivate and promote a good work-life balance in their company