Why Singapore ⟩ Singapore Policy Funding

Singapore GovernmentGrants & Financial Scheme

Aiving Singapore Grants & Financial Support Process

Maximum Amount

$ 0

*Loan: Total limit of $50,000,000 (SGD) for one company (group).

Stage: Company group annual sales turnover < $100million

* currency unit: SGD

Startup SG Founder Grant

Up to $50,000

Productivity Solutions Grant

Up to $30,000

Startup SG Tech

Up to $500,000

Startup SG Equity

Up to $8,000,000

Market Readiness Assistance Grant

Up to $100,000

Stage: Company group annual sales turnover > $500million (SGD)

* currency unit: SGD

SME Working Capital Loan

Up to $500,000

SME Fixed Asset Loan

Up to $30,000,000

Enterprise Development Grant

No Cap / Cost of 50%

Project Loan

Up to $15,000,000 Up to $50,000,000

Venture Debt Loan

Up to $8,000,000

Stage: Company group annual sales turnover > $500million

* currency unit: SGD

Mergers & Acquisitions Loan

Up to $50,000,000

Sustainability Reporting Grant

Up to $150,000

Startup SG Founder

Purpose

Through SSGF, first-time founders can access funding through a startup grant and mentorship from Accredited Mentor Partners (AMPs). This includes pitch training, networking opportunities with investors and corporates, secretarial and accounting support.

Grant

Support all successful startup grant recipients on a 1:1 support ratio, for a grant amount from S$20,000 to S$50,000.

  • e.g. S$20,000 capital is required for S$20,000 grant quantum
Eligibility
  • Has not received funding from another government organisation
  • Has minimum 51% of issued shares are owned by Singapore Citizen (SC) /Singapore Permanent Resident (PR)
  • Be registered as a private limited entity in Singapore for less than 6 months
  • Key HQ activities (e.g. management, product development) should be conducted wholly or mainly in Singapore.
https://www.startupsg.gov.sg/programmes/4894/startup-sg-founder

Productivity Solutions Grant

Purpose

The Productivity Solutions Grant (PSG) helps Singapore companies improve their productivity and automate existing processes through IT solutions and equipment.

Grant
  • Business entity is registered and operating in Singapore
  • 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
  • Company has a Group Annual Sales Turnover not exceeding S$100 million OR Group employment size not exceeding 200 employees
  • Refer to this Annex for more information.
  • IT solutions or equipment that are purchased, leased, or subscribed to must be used in Singapore.
Eligibility
  • Business entity is registered and operating in Singapore
  • 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
  • Company has a Group Annual Sales Turnover not exceeding S$100 million OR Group employment size not exceeding 200 employees
  • Refer to this Annex for more information.
  • IT solutions or equipment that are purchased, leased, or subscribed to must be used in Singapore.
https://www.enterprisesg.gov.sg/financial-support/productivity-solutions-grant

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