SINGAPORE GOVERNMENT GRANTS

Government grants are one of the significant pillars that help to boost the growth of SMEs. Besides offering funding support for key business investments and projects, the grants also provide incentives for SMEs to maximize the potential of their manpower. SMEs should capitalize on the resources provided by government agencies to transform their businesses and to reap the many benefits, such as higher productivity, better profits and lower staff turnover. With these strong stabilisers in place, SMEs will then be able to achieve greater excellence and remain sustainable in the ever-evolving economy.