Agency | Types of Grants + | Grant Amount | Description of the Grants | Eligibility for Each Grant |
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ACE | Startup SG Founder | The scheme provides up to $30,000 by matching $3 to every $1 raised by the entrepreneur. | To provide mentorship support and startups, capital grant for 1st time entrepreneurs with innovative business concepts | Open to all Singaporeans/Permanent Residents who are first-time entrepreneurs. In addition.
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Objective | Agency | Types of Grants + | Grant Amount | Description of the Grants | Eligibility for Each Grant |
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Going Overseas | Enterprise Singapore | MRA | Up to 70% of eligible costs, capped at 20K per company per fiscal year. | SMEs to receive an international boost with MRA Grant to help take business overseas | Companies should meet the following criteria: Business entity is
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Adopting New Technology | IDA | iSprint | Business Improvements Each SME can seek support of up to 50% of the qualifying costs, with a cap of S$10,0005 , to either purchase packaged solutions or engage consultants to develop customised solutions. Business Transformation Each SME can get support of up to 50% of qualifying costs for manpower-related costs, consultancy services, hardware and software. | Help SMEs' use of technology in order to enhance SMEs' productivity and growth. It aims to increase the rate of adoption and raise SMEs’ infocomm capabilities. | The basic qualifying criteria are:
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Enterprise Singapore | PSG | With up to 70% funding support, PSG serves as an avenue for companies to make long-term technology investments. | The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes | SMEs can apply for PSG if they meet the following criteria:
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Engaging Consultants | Enterprise Singapore | ICV | Voucher worth $5,000 to strengthen your core business operations through consultancy in the areas of innovation, productivity, human resources and financial management. | Help SMEs grow their capabilities by providing better grants to engage consultants or implement solutions. ICV enables the enterprises to be able to afford upgrading services in areas of Productivity, Human Resources and Financial Management | To get an ICV voucher, you need to meet the following criteria: Your company has to be
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Hiring & Training PMETs | WSG | P-Max | With up to 90% funding support from WSG, SMEs are only required to pay the 10% nett fee portion of the respective SME and PMET workshop course fees. | support SMEs in recruiting, training, managing and retaining newly-hired PMETs (Professionals, Managers, Executives, and Technicians). | SMEs must meet the following criteria:
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