Shipyard SG Cash

Around $4.6 billion will be invested to boost businesses and support Singaporean workers over the next three years.

There will be $3.6 billion of this earmarked to assist workers during industrial disruptions while $1 billion will enable firms to grow their deep enterprise capabilities.

Start-ups and small and medium sized enterprises were given help to boost business.

Some of the points that were laid out for support are:

  • Innovation Agents programme pilot
  • SME Co-Investment Fund III
  • Enterprise Financing Scheme
  • Financing support for young companies
  • Extend enhanced working capital support
  • SMEs Go Digital programme
  • Digital Services Lab
  • Automation Support Package
  • Pilot one-stop portal for food services

Abstract from Straits Times published Feb 18 2019. Read more…