International market expansion
Small and medium enterprises that are keen to expand their business overseas, are usually faced with challenges such as lack of resources, cash and knowledge to even take on the first step. By applying through us, we can help you gain an international boost to help take your business overseas easily.
If you are eligible, you can get a grant covering up to 80% of the eligible costs, capped at $100,000 per company per new market. This amount covers overseas market promotion, overseas business development, and overseas market set-up. With this grant, you will be able to venture overseas with much needed capital and ease.
Grant covering up to 80% of the eligible costs, capped at $100,000 per company per new market
- Business entity is registered/incorporated in Singapore
- New market entry criteria, i.e. target overseas country whereby the applicant has not exceeded S$100,000 in overseas sales in each of the last three preceding years
- At least 30% local shareholding
- Group Annual Sales Turnover of not more than S$100 million; OR Company’s Group Employment Size of not more than 200 employees