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Streamlined assistance for companies to upgrade capabilities, innovate and go overseas
Enterprise Development Grant (EDG)
Effective from 4Q 2018. In the interim, companies can continue to apply for the GCP Grant and CDG through the Business Grants Portal.
Productivity Solutions Grant (PSG)
  • One grant for companies to access a wider range of productivity solutions for business upgrading
  • Streamlines existing productivity schemes - the Innovation & Capability Voucher (ICV) by SPRING, Landscape Productivity Grant (LPG) by National Parks Board, and the SME Go Digital Programme by Info-communications Media Development Authority
  • Funds up to 70% for qualifying activities
Effective from 1 April 2018. Companies can visit the SME Portal to find out more about PSG, and apply for the grant through the Business Grants Portal from 1 April 2018.
National Partnerships for Capability Transformation (PACT) Programme
  • Broadened to support collaborations among enterprises of all sizes, inclusive of local and overseas partners, to pursue business development needs such as knowledge transfer, capability building, co-innovation and accessing overseas opportunities
  • One integrated programme combining the existing Partnerships for Capability Transformation Programmes by SPRING and Economic Development Board, the Collaborative Industry Projects under SPRING, and projects supported under the GCP Grant by IE Singapore
  • Funds up to 70% for qualifying activities
Effective from 1 April 2018.
Double Tax Deduction for Internationalisation (DTDi)
  • Expenditure cap for the Automatic DTDi will be raised from S$100,000 to S$150,000
  • Singapore companies can continue to apply to IE Singapore or Singapore Tourism Board (STB) on qualifying expenses in excess of S$150,000, or on expenses incurred on other DTDi qualifying activities
Effective from Year of Assessment 2019.
  • Helps Singapore SMEs access overseas opportunities
  • Supports overseas market set-up, identification of overseas market partners and overseas market promotion
  • Funds up to 70% for qualifying activities extended till 31 March 2020
Read more about the MRA Grant here.
  • Financing support for high-growth Singapore enterprises in areas including working capital, asset or project financing, and mergers and acquisitions
  • Extended pilot run to 31 March 2021
Read more about VDP here.


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