Government 70% Grant To Help Singapore SMEs Navigate Through This Business Downturn

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Dear Sir / Madam,

To help our Singapore Small Medium Enterprises (SMEs) navigate this economy slowdown with business excellence, SPRING Singapore has introduced the SMART program (also known as SME Management Action for Results)

This 70% or $3,500 funded program can help a SME to REDUCE risks, IDENTIFY opportunities, PLAN for the future, DEVELOP a roadmap, PRIORITIZE needs, STRENGTHEN management capabilities and ACHIEVE overall stakeholders’ consensus.

SMART is built on the Business Excellence Framework of SPRING Singapore that place focus on seven key critical business dimensions within a business environment namely; Leadership, People, Process, Customer, Planning, Result and Information

To qualify for the SMART funding, the SME must:

1. Own 30% local equity
2. Hire less than 200 employees
3. Fixed asset investment less than $15 million
4. Been in business for 3 years
5. Sales turnover more than $2 million

Contact Davin Tan at davintan@edc.org.sg /68263010 or Raymond Wong at raymondwong@edc.org.sg /6826 3023 for assistance on the SMART program.


Enterprise Development Centre@SMa

An ENTERPRISEONE Initiative of SPRING Singapore

Website: www.edc.org.sg