Capability Development Grant (CDG)
- Brand Development
- Business Excellence
- Business Innovation
- Enhancing Quality and Standards
- Financial Management
- Human Capital Development
- Intellectual Property and Franchising
- Service Excellence
- Technology Innovation
- Productivity Improvement
- Registered and operating in Singapore.
- At least 30% local shareholding.
- Group annual sales turnover not more than S$100m or group employment not more than 200 employees.
Market Readiness Assistance Grant (MRA)
- Overseas market set-up
- Identification of business partners
- Overseas market promotion
- Market Assessment
- Market Entry
- Business Matching
- Overseas PR and Marketing Activities
- Online Marketing Activities (including Search Engine Marketing or Optimisation)
- Participation In Overseas Trade Fairs (not supported under International Marketing Activities Program)
- Global HQ anchored in Singapore.
- Annual turnover less than $100m per annum.
Double Tax Deduction for Internationalisation (DTDi)
The DTDi Grant supports SMEs in market expansion and investment development activities.
Qualifying activities include: –
(1) Market Preparation
Engaging third-party professional consultant for: –
- Design of packaging for overseas markets.
- Products/services certification for overseas markets.
- Market surveys/ feasibility studies.
(2) Market Exploration
- Overseas business development trips/ missions.
- Overseas trade fairs.
- Local trade fairs approved by IE Singapore or Singapore Tourism Board (STB).
(3) Market Promotion
- Overseas advertising and promotion campaigns.
- Production of corporate brochures for overseas distribution.
- Advertising in approved local trade publications.
(4) Market Presence
- Overseas trade offices.
- Master licensing and franchising
- Employee overseas posting.
- Overseas investment study trips/ missions.
- Investment feasibility/ due diligence studies.
- Singapore-registered company or have a permanent establishment in Singapore.
- Not enjoying other government tax incentives or concessions.
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