Grants & Assistance
Developing SMEs
Did you know that Singapore government has been developing a set of economic reform policies to help our Small Medium Enterprises (SMEs) through financial Grants & Assistance ?
With innovation in technology and softwares, global reach is easily achieved through the internet platform. While this also poses an increasing global competitiveness for SMEs to compete both locally and globally. Singapore government has recognised the need for SMEs to develop new capabilities and innovation in order to stay competitive and create long-term competitiveness of Singapore’s economy. As a result, the Singapore government has been reviewing and rolled out a series of improved grants & assistance schemes for the easy adoption by SMEs.
Crownmercado is a practitioner to assist SMEs who are ready to embark on developing new capabilities in the areas of Branding & Marketing, as well as innovation to help you achieve increased productivity, profitability and total sales revenue. Some of the activities offered under our umbrella of services are supportable and funding defrays up to 70%* of the qualifying costs (subject to the criteria set out by various grants & assistance schemes) by different agencies.
SME Eligibility for Grants & Assistance
- Registered and operating in Singapore
- At least 30% local shareholding
- Group annual sales turnover ≤ S$100m or group employment of ≤200 employees
*All applications and funding amount are subject to individual agency’s approval and the criteria set out by individual grants & assistance scheme.
(Credit: All information extracted and laid out on this page are only for your simple understanding and read up. They are property belonging to the various agencies; Spring Singapore, IE Singapore and IRAS. Information extracted are in accordance to the relevant grants & assistance schemes and web pages, which are correct as of Jan 2016.)