Businesses in need of funding can turn to the traditional sources such as banks and financial houses, and institutional support such as venture capitalists and private funds.
The Singapore Government also provides funding to both Singaporean and foreign companies.
SPRING Singapore, a statutory board of the Ministry of Trade and Industry, offers numerous financing opportunities for start-ups and small businesses, such as SPRING Start-up Enterprise Development Scheme (SPRING SEEDS), Technology Enterprise Commercialisation Scheme (TECS) and Business Angel Funds.
The EnterpriseOne Portal managed by SPRING Singapore, a government agency dedicated to enabling enterprise growth, also offers a comprehensive list of government assistance schemes for various purposes, from training subsidies and technology upgrades to improving work-life balance among your employees.
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