Up to 80% support for the LIS insurance premium, valid until 31 March 2021.
Loans are insured by commercial insurers which co-share loan default with the PFI in the event of enterprise insolvency. A portion of the insurance premium is supported by Government.
- A Singaporean enterprise looking to apply LIS to secure short-term trade financing.
You need to:
- Be a business entity that is registered and physically present in Singapore,
- Have at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership,
- Group revenue of up to S$100 million or maximum employment of 200 employees.
Interested enterprises may approach any of the following Participating Financial Institutions to apply for the loan with the required supporting documents (subject to banks’ credit approval).
List of Participating Financial Institutions can be found here.
Technology for Enterprise Capability Upgrading (T-UP)
This programme helps your company in your innovation journey by engaging A*STAR Research Scientists and Engineers from Research Institutes (RIs) to identify and execute suitable Research and Development (R&D) or innovation projects to upgrade your operations.
Startup SG Equity
This government and private co-investment scheme provides equity investments to tech startups with strong intellectual property and global market potential. SEEDS Capital Pte Ltd (SC) and SGInnovate have been appointed to manage the funds under Startup SG Equity.
Overseas Market Workshop (China)
This workshop will provide participants with a better understanding of the regional markets through networking with local businesses in China and also gain knowledge from local and foreign practitioners, business owners and market experts.
Enterprise Development Grant (EDG) - Standards Adoption
This component of the EDG helps companies adopt internationally-recognised standards and certifications in key industries and emerging sectors. By doing so, companies can enhance their competitiveness, improve their access to other markets and increase customer trust in their products and services.
E-Commerce Booster Package - Singapore E-Commerce Programme
Through this programme, businesses can engage one of the four appointed e-commerce platforms to sell products online and expand their reach in the Singapore market