We are always looking for various ways to support the growth of startups and SMEs, as well as ways to provide value-added services to help businesses thrive in the long run. We currently offer flexible leases, interchangeability for our spaces, and even financial support (subsidies) for new space set-ups at some of our properties.
As a business that has grown over the last 26 years, we understand that the core of many businesses is funding - something that is hard to source. Accordingly, as a complimentary effort, we have gone the extra mile to condense the various grants available in SG into a handy table for businesses to access.
Grant information is usually lengthy and difficult to read – so we’ve done all the hard research and narrowed down the important information for you!
| Type of Grant | Funding | Overview | Submission deadline | Contact Information |
|---|---|---|---|---|
| Technology | ||||
|
Automation Support Package (ASP) |
Up to $1 million | ASP allows companies to upgrade automation solutions (mechanics and technology) of their current operations to reduce reliance on manpower. | ALL Year |
SPRING Singapore +65 6898 1800 |
|
Business Improvement Fund (BIF) |
Up to 70% | BIF aims to improve productivity and competitiveness in the tourist sector through the adoption and innovation of technology. | ALL Year |
Singapore Tourism Board +65 6736 6622 |
|
Critical Infocomm Technology Resource Programme Plus
(CITREP)+ |
Up to 90%, capped at $2,500 per trainee | CITREP provides local professionals with the support they need through various programs to keep up to date with the continuous changes in technology and remain relevant. | ALL Year |
Critical Infocomm Technology Resource Programme Plus +65 6324 8737 |
|
Mechanisation Credit (MechC) Scheme |
Up to 70%, capped at S$25,000 | MechC assists builders in reducing the costs of technology adoption when leasing or purchasing equipment. | ALL Year |
Building and Construction Authority 1800 342 5222 |
|
Operation & Technology Roadmapping (OTR) |
Up to S$10,000. | OTR allows businesses to improve their science, technology and research through help from the Agency for Science, Technology and Research. | ALL Year |
Technology Adoption Programme +65 6590 3151 |
|
Productivity Innovation Project (PIP) Scheme |
Co-funded up to 70%; capped at S$5M per application | PIP assists businesses in effective operation through the restructuring of work processes and incorporating labour efficient technologies. | ALL Year |
Building and Construction Authority 1800 342 5222 |
|
Startup SG Tech |
Up to $500,000 | Startup SG Tech is a competitive grant that offers early-stage funding for technology solutions. | ALL Year |
SPRING Singapore +65 6898 1800 |
|
Technology Adoption Programme (TAP) |
Up to 70% | TAP assists SMEs and other professional bodies such as the Institutes of Higher Learning and Private System Integrators to collaborate for the purposes of productivity improvement by accessing new technology. | ALL Year |
SPRING Singapore +65 6898 1800 |
|
Technology for Enterprise Capability Upgrading (T-UP) |
Up to 70% | T-UP provides assistance for businesses to identify and put into place R&D projects with the help of research engineers and scientists from the Agency for Science, Technology and Research. | ALL Year |
Agency for Science, Technology and Research +65 6825 6108 |
|
Training@ Maritime Singapore |
50% / 70%* / 90%* co-funding of the course fee | The Training@Maritime Singapore grant assists maritime professionals to improve skills in IT, Data Analytics, Green Tech and other soft skills in the maritime industry. | ALL Year |
Maritime and Port Authority of Singapore +65 6375 1923 |
| Business Efficiency | ||||
|
Building Information Model (BIM) Fund |
Up to $30,000 per applicant | BIM provides funding to encourage companies to build collaboration within the built environment industry firms. | ALL Year |
Building and Construction Authority 1800 342 5222 |
|
Capability Development Grant (CDG) |
Up to 70% | CDG provides SMEs in Singapore with the opportunity to develop their capability in areas such as innovation, brand development and service excellence. | ALL Year |
SPRING Singapore +65 6898 1800 |
|
Energy Efficiency Fund (E2F) |
Up to 50%, capped at $600,000. | E2F seeks to help industrial companies who wish to reduce their expenses through energy efficiency. | ALL Year |
National Environment Agency 1800 225 5632 |
|
Global Company Partnership (GCP) Grant |
Up to 70% of eligible costs incurred | GCP provides financial assistance for companies who wish to be globally competitive by building internal capabilities, develop manpower, and gain market access. | Valid until 31 Mar 2018. |
International Enterprise Singapore +65 6337 6628 |
|
Inclusive Growth Programme (IGP) |
Capped at $1 million over two years/company | IGP helps companies kickstart productivity projects and share the gains with their employees. | ALL Year |
Employment and Employability Institute +65 6474 0606 |
|
Innovation & Capability Voucher (ICV) |
8 vouchers valued at a maximum of S$5,000 each. | ICV aims to develop and improve the capabilities and productivity of businesses in: Financial Management, Human Resources, Innovation, and Productivity. | ALL Year |
SPRING Singapore +65 6898 1800 |
|
Land Productivity Grant (LPG) |
Up to 70% | LPG aims to assist companies that need one-time assistance for relocation related costs arising from the domestic or overseas relocation of their business. | ALL Year |
Singapore Economic Development Board +65 6832 6832 |
|
Productivity & Innovation Credit (PIC) |
400% tax deductions or allowances; 60% cash payout on up to $600,000 per year | PIC enables businesses to enjoy tax savings in the form of deductions /allowances of up to 400% or non-taxable cash payouts in six various qualifying areas. | End of the year 2018 |
Inland Revenue Authority of Singapore 1800 356 8622 |
|
Revitalisation of Shops (ROS) Scheme |
100% of upgrading costs, up to $35,000 per shop. | ROS assists to revitalise HDB shops and promote them to gain a competitive advantage. | ALL Year |
HDB Commercial Properties 1800 866 3073 |
|
SPRING SEEDS Capital |
Up to S$2M | SPRING SEEDS helps startups develop innovative products or processes that can be marketed and sold globally, to secure co-financing (dollar-for-dollar financing) for up to $2 million. | ALL Year |
Spring Seeds Capital Pte. Ltd +65 6278 6666 |
| Marketing | ||||
|
International Marketing Activities Programme (iMAP) |
Up to 70% | IMAP supports international trade fairs and overseas business missions to network with businesses and gain feedback on their products and services to effectively market them. | ALL Year | International Enterprise Singapore +65 6337 6628 |
|
Market Readiness Assistance (MRA) Grant |
Up to 70%, capped at S$20,000/company per fiscal year | MRA assists SMEs in Singapore to expand internationally by identifying international business partners and overseas marketing opportunities. | ALL Year | International Enterprise Singapore +65 6337 6628 |
|
Market Access Incubation Programme (MAIP) |
Up to 70%, capped at S$10,000 per trip | MAIP provides financial support for startups looking to expand overseas through approved market access incubators. | ALL Year | International Enterprise Singapore +65 6337 6628 |
|
Marketing Assistance |
Up to S$25,000 per applicant (companies and individuals) per calendar year | The Marketing Assistance program helps media companies effectively market their products to their target audience. | ALL Year |
Infocomm Media Development Authority +65 6377 3800 |
| Staffing and Human Resource | ||||
|
Career Support Programme (CSP) |
40% of gross monthly salary, capped at $2,800/month | CSP is a wage support programme that helps SMEs hire Singaporean Professionals, Managers, Executives and Technicians (PMETs) to tap on their skills. | ALL Year |
Employment and Employability Institute +65 6474 0606 |
|
Enhanced Training Support for SMEs |
90% of course fees; 80% of employee’s basic hourly salary, capped at S$7.50 per hour | Enhanced Training Support aims to provide SMEs with the funding they need to enhance the skills of their workforce by sending them on training schemes. | ALL Year | Workforce Singapore +65 6883 5885 |
|
Enterprise Training Support (ETS) |
Up to S$200,000 | ETS encourages businesses to implement progressive and innovative human resource systems that would help raise the skills and productivity of employees. | ALL Year | Workforce Singapore +65 6883 5885 |
| Productivity-Max (P-Max) Programme | Up to 90% for SMEs & a one-off S$5,000 Assistance Grant | P-Max assists SMEs to recruit and retain the best Professionals, Managers and Executives in their field. | ALL Year |
Workforce Singapore: +65 6883 5885 |
|
SkillsFuture Earn and Learn Program |
Up to $15,000 per individual | The Earn and Learn program provides graduates with hands-on training to further their careers. | ALL Year |
Skills Future Singapore: +65 6785 5785 |
|
SME Talent Programme (STP) |
Up to 70% covering the internship stipend | STP helps SMEs attract local talent from ITEs, Polytechnics and Universities through student internships, sponsorships and fresh hire training to gain industry exposure. | ALL Year |
Association for Small and Medium Enterprises: +65 6513 0347 |
|
Special Employment Credit (SEC) |
Wage offset of up to 16% | SEC provides a wage-offset to employers hiring Singaporean workers aged 55 and above. | 2017 to 2019 |
Ministry of Manpower 1800 2222 888 |
|
Talent Assistance |
Many funding options for media practitioners | Talent Assistance provides many funding support options for the capability development of media practitioners. | ALL Year |
Infocomm Media Development Authority +65 6377 3800 |
|
Training Industry Professionals In Tourism (TIP-iT) |
Up to 50% | TIP-iT enables businesses in the tourist sector to upgrade their employees' skills and attract new talent. | ALL Year |
Singapore Tourism Board +65 6736 6622 |
|
Workforce Training & Upgrading (WTU) |
Up to 90% | WTU assists businesses in building forward-thinking workforces and attracts mature locals back to work in the construction industry. | ALL Year |
Building Construction Authority Ms Chrystal Chau +65 6730 4302 |
|
WorkPro |
Up to $300,000 per company | WorkPro provides employees with support and funding to implement work-life measures, redesign jobs and improve workplace practices to allow more flexibility for employees. | ALL Year |
NTUC +65 6213 8383 |
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