Past Events
Briefing on Funding Schemes under Trade and Industry Department
At a seminar on 20 April, Belinda Wong, Assistant Director-General (Industries Support) of the Trade and Industry Department, introduced to members some of the plans to enhance funding schemes for businesses, as announced in the recent Budget.
Some of the highlights are the changes to the Dedicated Fund on Branding, Upgrading and Domestic Sales, known as the BUD Fund. This will be expanded to ASEAN markets, and the cumulative grant ceiling per enterprise under the SME Export Marketing Fund will also be increased. Wong explained that the enhancement proposals will cater for the needs of start-ups, aligning with the Government's policy objective of encouraging start-ups and innovation. The proposals are expected to be effective in the fourth quarter of 2018.
2018/04/20
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