SMEs in Singapore have played an important role in growth of economy and contributed to GDP of the nation. Accordingly, lot of encouragement is given to fast growing innovative SMEs besides laying emphasis on new startup ventures. SME grants Singapore attaches utmost importance to the SMEs which are struggling to come up due to financial constrains.
SME grants Singapore SMEs to grow by funding on the basis of their capability, upgrading initiatives like technical improvement, process and product development. Singapore Government in its budget 2018 promised financial assistance through SME grants Singapore SMEs for Career Support Programme, Enterprise Development and Energy Efficiency Funds to support SMEs and strengthen nation’s economy.