The startups and SMEs are the pillars of economical growth of Singapore. The government keeps close watch on their growth and development and always remains ready to support such entities. Several schemes like SME grants Singapore for SMEs have been devised to grant financial support to overcome the obstacles coming in way of their growth.
The authorities for SME grants Singapore issue grants for Action Community for Entrepreneurship, Capability Development, Early Stage Venture Funding, Financial Sector Technology and Innovation Schemes and productivity and innovation Credit etc. in addition, under International Marketing Activity programme, financial grants are given by SME grants Singapore. SPRING Singapore plays a crucial role in issuing grants to SMEs in Singapore.