Scaling up a successful business is crucial for entrepreneurs in today’s rapidly changing market conditions. It entails expanding your current operations, workforce, and processes to increase profit margins, maintain competitiveness, and achieve long-term sustainability. Nevertheless, scaling can be a daunting experience, especially without the right financing and support.
Enterprise Fund.
The Economic Development Board offers the Enterprise Development Fund, enabling companies to utilize up to
SGD350,000 for projects that promote innovation in product development.
Grants for Product-Related Activities
The Investment Allowance-Specific Assistance gives businesses a percentage of the company’s qualifying value-added tax credits for the capital expenditure incurred
for and the amount should be at least more than SGD.
–and