With the unprecedented COVID-19 outbreak, it has resulted business feeling helpless. In order to combat the situation, the government is doing its best to help business, especially Small Medium Enterprises (SMEs) to overcome these trying times. To help your company develop innovative technology and products with the end goal of commercialisation, here are the funding schemes available for innovation enterprises in Singapore
NHIC
Innovation to Develop Grant (I2D)
Innovation to Industry Grant (I2I)
Startup SG
Others
Enterprise Development Grant (EDG)
Market Readiness Assistance (MRA)
Productivity Solutions Grant (PSG)
Despite it being a stressful time for everyone as well as businesses, it is also the time to reflect, re-think on strategies for exploration after all these is over. With determination, SME definitely can emerge stronger than before.