Covid-19 Subsidies and Support: Singapore
BY Christa Nuijs | March 28, 2020
Category : Funding
Enterprise Financing Scheme (EFS)
EFS will enable Singapore enterprises to access financing more readily throughout their various stages of growth. It covers six areas to address enterprises’ financing needs including: Working Capital Loans, Fixed Asset Loans, Venture Debt Loans, Trade and Project Loans. Read more >
This is a virtual ecosystem of entities in Singapore’s tech startup community providing opportunities for local and international startups across a range of areas. Read more >
MAS-SFA-AMTD FinTech Solidarity Grant
The Monetary Authority of Singapore (MAS), Singapore FinTech Association (SFA) and AMTD Foundation (AMTD) have established a S$6 million MAS-SFA-AMTD FinTech Solidarity Grant to support Singapore-based FinTech companies amid the challenging business climate caused by the COVID-19 pandemic. The Grant will help the FinTechs manage their cashflow better, support them in generating new businesses, and provide greater support for FinTechs to pursue growth strategies. Read more here and apply here.