For businesses in Singapore, navigating government grants and support schemes can often feel overwhelming. With multiple agencies and programs, it’s easy to get lost in the paperwork and processes. To simplify this, the Business Grants Portal (BGP) was created—a centralized online platform that helps businesses discover, apply for, and manage government grants efficiently.
What is the Business Grants Portal?
Launched in 2017 by the Ministry of Finance, Ministry of Trade and Industry, and the Government Technology Agency, the Business Grants Portal serves as a one-stop platform for businesses seeking government support. Rather than approaching multiple agencies individually, businesses can now find relevant grants, apply online, and track the progress of their applications in one place.
Key Features
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Centralized Access – Explore a wide range of grants and funding programs in a single location.
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Simplified Application Process – Submit forms, upload documents, and track applications online.
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Grant Discovery Tools – Tools like the e-Adviser for Government Assistance help businesses identify grants suitable for their sector and business needs.
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Secure Access – Applications are submitted through CorpPass, ensuring secure and authenticated access for business representatives.
Available Grants
The Business Grants Portal provides access to numerous grant schemes, including:
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Productivity Solutions Grant (PSG): Supports businesses in adopting IT solutions and equipment to enhance productivity.
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Enterprise Development Grant (EDG): Helps companies upgrade their business, innovate, or expand overseas.
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Market Readiness Assistance (MRA): Supports businesses in exploring and entering international markets.
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Business Improvement Fund (BIF): Assists tourism-related businesses in enhancing offerings.
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Agri-Food Cluster Transformation Fund (ACTF): Encourages innovation in the agri-food sector.
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Electric Vehicle Common Charger Grant: Promotes the installation of EV chargers.
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Experience Step-Up Fund: Supports tourism businesses in enhancing customer experience.
The e-Adviser tool also allows businesses to discover grants specifically suited to their needs.
How to Apply
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Visit the Portal: Go to www.businessgrants.gov.sg
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Log In: Use CorpPass credentials for secure access.
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Select a Grant: Browse by sector or use the e-Adviser tool to find relevant grants.
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Prepare Documents: Collect necessary paperwork such as financial statements, company registration details, and project proposals.
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Submit Application: Complete the online forms and upload required documents.
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Track Progress: Monitor your application status directly on the portal.
Looking Ahead
The Business Grants Portal is expected to transition to BGP 2.0 by the end of 2026, offering an improved user experience and streamlined processes to make it even easier for businesses to access government support.
For businesses looking to grow, innovate, or expand internationally, the Business Grants Portal is an essential resource. It not only simplifies access to funding but also helps businesses take informed steps toward sustainable growth.
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This blog features articles by guest writers from Lepakcreator.com
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