SME Resource Page
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Grants and assistance schemes put up by various government bodies to help SMEs adopt new technology.
|Grants and Assistance Programmes|
The iSPRINT (Packaged Solutions) contains a list of solutions, both Off-the-Shelf and Pay-Per-Use. IDA encourages businesses to make comparisons on different packages of the infocomm solutions before making a purchase and seek professional advice where appropriate or necessary. Businesses can claim up to 50% of the qualifying costs for the purchase of the first packaged solution under each solution category.
|Innovation Voucher Scheme (IVS)
Apply for an innovation voucher worth S$5,000 to pay for consultancy and technology services at participating knowledge institutions.
|Infocomm@SME – Accounting Software Assistance Scheme
Get a grant to defray the cost of purchasing and setting up accounting software listed in the Inland Revenue Authority of Singapore (IRAS) Accounting Software Register.
|Capability Development Grant – PREPARE Community
As part of its effort to help older employees remain economically productive, the Government will enact re-employment legislation on January 1, 2012 to enable more people to continue working beyond the current statutory requirement age of 62, up to 65 in the first instance and subsequently, up to 67.Tap on $10,000 from the Capability Development Grant to defray some of the costs incurred in implementing a HR system to support Re-employment.
|Enterprise Development Centre@ASME
ASME recognises the urgent need for SME-specific products, services and government-linked assistance schemes to be made readily available for local small and medium enterprises (SMEs).With the support of SPRING Singapore, ASME has set up Singapore’s first Enterprise Development Centre or EDC@ASME – a holistic advisory centre for aspiring entrepreneurs and current SME owners where they can gain immediate access to a wide range of expert business consultancy products and services along with information on government assistance schemes/grants/programmes to initiate or further develop their businesses.
|Enterprise Development Centre@SCCCI
EDC@SCCCI is spearheaded by Singapore Chinese Chamber of Commerce & Industry in partnership with SPRING Singapore with an aim to provide value-added services to local enterprises in all aspects of doing business in Singapore and beyond. Its familiarity with business operational needs and market trends makes EDC@SCCCI an ideal strategic partner for local enterprises seeking to fuel growth and achieve breakthrough.The centre provides different degrees of business consultancy and advisory services to enable business expansion, especially in developing financial and technological strategies and helping clients gain access to government grants and assistance schemes. Backed by the business partners of SCCCI, EDC@SCCCI is also buttressed by a strong global network which provides guidance and support to companies in their overseas expansion plans.
|Enterprise Development Centre@SICCI
The EDC@SICCI is a one-stop business solution partner for Singapore entrepreneurs and Singapore-based enterprises that are looking to grow their businesses locally and expand overseas. Leveraging on the strengths and reputation of the Chamber, EDC@SICCI promote and champion the development of enterprises, offering an array of services, ranging from business advisory services to market-related seminars, relating to business, financial, legal and management services.The India Desk provides a range of advisory services to assist Singapore-based Small-Medium Enterprises (SMEs) expand into India and Southeast Asia as well as assist Indian entrepreneurs and companies seeking to establish their presence in Singapore and the Southeast Asian region.
|Enterprise Development Centre@SMCCI
EDC@SMCCI is about assisting entreprenuers and their enterprises to grow their competetive capabilities Whether you’re starting up, expanding or even venturing abroad, EDC@SMCCI’s services and programs are designed to assist and enable you to grow and succeed
|Enterprise Development Centre@SMa
EDC@SMa was formed from a government grant through SPRING Singapore and SMa. The primary role of the Enterprise Development Centre is to assist Singapore enterprises to develop essential business competencies and adopt best practices throughout their operations so that they be competitive and successful enterprises both domestically and in the global markets.
|Technology Innovation Programme (TIP)
The government is committing some $320 million to help 3,500 SMEs under the Technology Innovation Programme (TIP) administered by Spring Singapore. The scheme was announced in August by Singapore Deputy Prime Minister Teo Chee Hean
|Government Assistance Programmes for SMEs
Download a PDF listing government assistance programmes for SMEs
|Government institutions and Trade Associations|
|International Enterprise Singapore
International Enterprise (IE) Singapore is the government agency driving Singapore’s external economy. IE Singapore spearheads the overseas growth of Singapore-based companies and promotes international trade.IE Singapore also anchor global trading companies in Singapore and position the country as a base to expand into the region in partnership with Singapore-based companies.
|Infocomm Development Authority of Singapore
IDA plays four key roles in driving Singapore’s transformation into an Intelligent Nation and a Global City through infocomm:Infocomm Industry Development – role aims to build a vibrant infocomm ecosystem by attracting multinational corporations and innovative foreign companies to Singapore to complement local infocomm enterprises and start-up companies.Government Chief Information Officer role is responsible for masterplanning, project-managing and implementing various infocomm systems and capabilities for the Government. It oversees IT standards, policies, guidelines and procedures for the Government, and manages the infocomm security of critical infocomm infrastructure.Sectoral Transformation – Through Infocomm role is to promote the adoption of infocomm technology as a key enabler to enhance Singapore’s economic competitiveness.People Sector Enrichment – Through Infocomm role is working with organisations in the people sector and the infocomm industry, IDA develops initiatives to encourage the less ICT savvy to enrich their lives through adopting infocomm and using infocomm in a more sophisticated way.
SPRING Singapore is the enterprise development agency responsible for helping Singapore enterprises grow. We work with partners to help enterprises in financing, capability and management development, technology and innovation, and accessing new markets. As the national standards and accreditation body, SPRING develops and promotes an internationally-recognised standards and quality assurance infrastructure that builds trust in Singapore enterprises, products and services, thereby enabling their global competitiveness and facilitating global trade.
|Economic Development Board
The Singapore Economic Development Board (EDB) is the lead government agency for planning and executing strategies to enhance Singapore’s position as a global business centre. EDB dreams, designs and delivers solutions that create value for investors and companies in Singapore. EDB’s mission is to create for Singapore, sustainable economic growth with vibrant business and good job opportunities. EDB’s ‘Host to Home’ strategy articulates how we are positioning Singapore for the future. It is about extending Singapore’s value proposition to businesses not just to help them improve their bottom line, but also to help them grow their top line through establishing and deepening strategic activities in Singapore to drive their business, innovation and talent objectives in Asia and globally.
Enterprise One Portal is managed by SPRING Singapore, EnterpriseOne is a comprehensive network where you can find the help and answers you need to start, grow and sustain your business. If you need business advisory services, you can go to our Enterprise Development Centres (EDCs). A wealth of government information and e-services can also be found in EnterpriseOne portal.
|Association for Small and Medium Enterprises (ASME)
The Association of Small & Medium Enterprises is a not-for-profit organisation that welcomes all in the entrepreneurial community into our membership. ASME work closely with both the public and the private sectors to ensure that businesses in Singapore can operate in a conducive and fair environment.With a wide array of services and programmes, ASME is well-poised to facilitate the growth and development of a larger pool of SMEs in Singapore as it looks towards creating a conducive business environment and effective platform for the success of local enterprises.
|Singapore Chinese Chamber of Commerce and Industry (SCCCI)
The Singapore Chinese Chamber of Commerce and Industry plays a proactive role in representing the interests of the local business community and contributing to the economic, educational, cultural and community development in Singapore. SCCCI has a membership network of about 138 trade associations and 4,000 corporate entities including large financial and business organisations, multinational corporations, government-linked companies, small and medium enterprises from a wide spectrum of trades and industries. These members together provide vast resources and opportunities which enable the SCCCI to develop an influential global Chinese business network for business, education, culture and community development.
|Singapore Indian Chamber of Commerce and Industry (SICCI)
The Singapore Indian Chamber of Commerce and Industry is a platform for enhancing interaction and information exchange for business promotion and development for its members. It is a unified body representing the Indian mercantile community and serves as a spokesman to the private and public sector organizations in Singapore, and it also serves as a Secretariat for the Asia Pacific Indian Chambers of Commerce & Industry (APICCI).
|Singapore Malay Chamber of Commerce and Industry (SMCCI)
The Singapore Malay Chamber of Commerce and Industry (SMCCI) is an independent, not-for-profit organization to represent the interests of the local Malay/Muslim business community. SMCCI has a diverse membership network of companies and professionals and serves as a platform for enhancing interaction as well as information exchange for business promotion and development. In line with its mission to nurture a vibrant entrepreneurial culture amongst local enterprises, SMCCI organizes regular business missions, networking sessions and activities to bridge members and the business community to local and overseas markets.
|Singapore Logistics Association (SLA)
Established since 1973, SLA aims to represent Singapore logistics and is thrust to advance professionalism and excellence to promote high standards in industry practices.Its growing membership of more than 440 business entities today offers a diverse scope of logistics and ancillary support services.As a trade association, SLA seeks to fulfill its objects in close collaboration and engagement with logistics companies & professionals, institutions & academia, industry organisations and partners, government agencies as well as international organisations & businesses.
|Singapore Manufacturers’ Federation
The Singapore Manufacturers’ Federation (SMa), formerly known as the Singapore Manufacturers’ Association. SMa’s mission is to represent the interest of the Singapore manufacturing community and to drive its competitiveness and sustainable growth through serving industry-specific needs.
|Action Community for Entrepreneurship
The Action Community for Entrepreneurship (ACE) is a movement that involves both the private and public sectors to create a more entrepreneurial environment in Singapore. It was launched on 26 May 03 in response to the Economic Review Committee’s (ERC) recommendation of remaking Singapore into “a creative and entrepreneurial nation willing to take risks to create fresh businesses and blaze new paths to success”. Its portal features news and activities, information and resources, calendar of events, and a link to a library of archived feature stories, articles, reports, speeches and press releases. It includes useful links to statistical sources, market research services and a deal flow portal hosted by Spring Singapore, which connects businesses to sources of funds such as financial institutions, venture capitalists and investors.
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