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The capability development grant cdg is a scheme for providing financial assistance to startups for building capabilities in ten business areas.
Business start up grant singapore. It is provided by the singapore centre for social enterprise raise and supported by the ministry of social and family development. Assistance under startup sg is offered by enterprise singapore. Singapore government recognises their important role in the economy and provides wide support for.
One of the six startup sg pillars startup sg founder is the most relevant for first time entrepreneurs. This grant provides funding support to the entrepreneurs singapore citizen or permanent resident who want to incorporate a company in singapore for the first time in any differentiated business. Under startup sg qualifying startups can access cash grants equity financing and business loans.
Startups can seek early stage funding to fast track commercialisation of scalable in house solutions with startup sg tech. The vfg grant is available to new and existing social enterprises who need funding either to start up or expand their operations. They make up 47 of the gdp.
Planning to incorporate your business in singapore. The government has been injecting a tremendous amount of money into grants and initiatives to create the singaporean version of silicon valley. New entrepreneurs can look to startup sg founder for funding support mentorship and business networks.
The goal of startup sg is to provide singapore based startups with access to funding sources and mentorship programs and thereby help turn innovative business ideas into thriving companies. It features the e adviser for government assistance gebiz alerts for procurement opportunities and the productivity solutions grant listing of supportable solutions. This includes grants tax incentives loans and toolkits programmes.
Interested applicants can apply for up to 300 000 in grants. 16 singapore start up grants and schemes singapore is working hard to be known as the most proactive government in the world when it comes to developing the tech industry. Join singapore s startup hub.
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