Singapore’s government has long been supportive to SMEs, offering a variety of financial assistance options ranging from tax benefits to grants. As a result, this is one of the numerous reasons why the Lion City has become such a desirable location for global businesses to establish themselves. That is why it is critical to understand […]
Financial Concerns of SMEs in Singapore A business at its infant stage faces a slew of expenses including research, monitoring market trends, and procuring supplies. Seasoned business owners may have a network of bankers, but receiving finance can be difficult for upcoming entrepreneurs. Singapore is one of the countries with a favourable business environment. From […]
What makes a company eligible for an MRA grant? A company that is incorporated or registered in Singapore, with at least 30% of the company’s stock owned by locals as well as having an annual sales turnover not less than S$100 million is eligible for Market Readiness Assistance grant. The company’s employment size must be […]
There are many incentives available in Singapore to assist SMEs with their digital transformation. Depending on the market you operate in, digital technology may produce revenue or cut costs for your organisation. It is important to know which Singapore grants are most suited to your company’s needs. Let us briefly go through 5 grants that […]
For a company to remain competitive, it is important to undergo business transformation. Understanding the many sorts of business transformations you can implement, regardless of your position on the firm’s management team, can help your company become more resilient and flexible. Knowing some of the most essential forms of company transformation can be a beneficial […]
Enterprise Development Grant Companies that flourish today and in the future are those who have solid business foundations and strategy, implement technology and new procedures and expand their international presence. The Enterprise Development Grant (EDG) helps Singapore businesses grow and innovate. Under three pillars, this award supports projects that help you modernize your firm, develop […]
Introduction Increased sales are critical to a company’s survival in the modern world and they frequently take precedence over any other facet of the company’s daily operations. Increased sales are linked to higher profit margins; therefore, cost-cutting and clear forecasting are critical to meeting corporate goals. The importance of employing a business consultant in a […]
Introduction The Enterprise Development Grant (EDG) aids in the growth and transformation of Singapore based businesses. Under the three pillars of Core Capabilities, Innovation and Productivity and Market Access, EDG grants support projects that help you update your business, innovate or expand internationally. What Is The EDG? The Enterprise Development Grant can be abbreviated as […]
Introduction EDG grants can be described as Enterprise Development Grants. As the name suggests, it is the funds that will help the growth of the business. Any business is looking to develop innovative methods of doing its work. To stand the test of time, a business needs to keep working towards making its operations unique […]
Introduction A business consultant is an essential part of the management of any given company. This is why the demand for a business consultant in Singapore has increased over time. To start with, it is important to know what a business consultant is in the first place. It’s a professional who is supposed to give […]
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