Business benefits-at-a-glance
- An AI-enhanced platform, Business sans Borders, will allow SMBs to digitally connect with domestic and overseas business partners.
- Announced in 2019 SMEs Go Digital was expanded in 2019 giving SMBs access to pre-approved digital solutions.
- Scale up SG gives SMBs the opportunity to learn from experts to develop and grow their leadership teams.
- All financing schemes were integrated into the Enterprise Financing Scheme, meaning the government will cover up to 70% of the risk of bank loans for approved businesses.
- The foreign work quota was lowered to 38% of business’ workforce.
New business data and solutions hub
SMEs Go Digital expands
Scale-up SG takes off
Financing schemes join up
Lower foreign worker quota
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