Grants

Support for Government Grants

We support Singapore Businesses in your application for Government Grants and Assistance Schemes that are managed by the Enterprise Singapore (ESG), the Infocomm and Media Development Authority (IMDA) as well as by other Singapore government agencies and trade / industry associations.

Singapore Businesses should consult with Afinest Partners on grant requirements and their eligibility before applying for grants on their own.

Below are some examples of Singapore Government Grants that we support.

Enterprise Development Grant

The Enterprise Development Grant (EDG) supports Singapore companies in the areas of:

• Business Strategy Development
• Financial Management
• Human Capital Development
• Service Excellence
• Strategic Brand and Marketing Development

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Market Readiness Assistance Grant

The Market Readiness Assistance (MRA) Grant supports Singapore companies in your business development, promotion and set-up costs when you expand into a new overseas market. Its focus areas are:

• Overseas Market Promotion
• Overseas Business Development
• Overseas Market set-up

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Market Entry Support

The Market Entry Support services provided by ESG supports Singapore companies in the areas of In-Market Exploration, Funding and Taxation when you take your business overseas. This grant allows you to gain deeper insights about each market, build valuable networks and secure funding for your overseas ventures.

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Market Access & Networks

The Market Access & Networks services provided by ESG supports Singapore companies to build networks to drive innovation and global growth. You will collaborate with like-minded partners to develop viable solutions more quickly. This will allow you to shorten the time to market, create better solutions and open the doors to new markets.

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Grant Application Process

We provide end-to-end handholding and support to companies in the Grant Application Process. These phases include:

1. Discussion with the Company to identify your needs
2. Evaluate your readiness for New Business Growth / Market Expansion
3. Discussion with the designated ESG / IMDA Officer
4. Develop a Proposal based on the Company’s needs
5. Prepare the relevant Grant Application Documents
6. Handhold the Company to submit the Application through the Grant Portal
7. Explain the Terms & Conditions (T&Cs) of the Letter of Offer (LOF)
8. Sign the Consultancy Proposal to appoint the Consultant
9. Organise and Prepare Agenda for Project Kick-Off Meeting
10. Conduct a Post-Project Evaluation Study