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24TIMESBUSINESSDIRECTORYOFSINGAPORE2024/2025GOVERNMENTDEVELOPMENTASSISTANCEPROGRAMMESFORSPECIFICSECTORSSectorProgrammesDescriptionBuildingandConstructionEnhancedEnterpriseFinancingScheme-ProjectLoanExtensionofsupportfordomesticprojectsforconstructionsectoruntil31March2025WholesaleTradeEnhancedEnterpriseFinancingScheme-TradeLoanExtensionofsupportuntil31March2025at50%Governmentrisk-shareFORSTARTUPSProgrammesDescriptionStartupSGFounderStartupSGFounderprovidesmentorshipandstartupcapitalgrantofS$50000tofirst-timeentrepreneurswithinnovativebusinessideasStartupsarerequiredtocommitS$10000asco-matchingfundtothegrantStartupSGTechStartupSGTechsupportsProof-of-Concept(POC)andProof-of-Value(POV)forcommercialisationofinnovativetechnologiesGRANTSFORALLSECTORSProgrammesDescriptionEnhancedEnterpriseFinancingScheme-SMEWorkingCapitalLoanExtendingsupportforSMEstofinancetheiroperationalcashflowneedsMaximumloanquantumincreasedto$500000EnterpriseFinancingScheme(EFS)TheEFShelpsSingaporeenterprisestoaccessfinancingmorereadilyEnterpriseSGwillsharetheloandefaultriskintheeventofenterpriseinsolvencywiththeParticipatingFinancialInstitutionsEnterpriseFinancingScheme-Green(EFS-Green)ExtensionofsupporttoincludetheadoptionofgreensolutionstillMarch2026LOANSFORALLSECTORSProgrammesDescription3RFundThe 3R Fund supports companies and organisations registeredin Singapore toimplement waste minimisationandrecyclingprojectstoreducesolidwastesentfordisposalCareerTrialAllowscompaniestoassessjobseekersjobfitthroughashort-termtrialbeforeformalemploymentGovernmentwillprovidetrainingallowancetothejobseekersforthetrialperiod(upto3months)Citrep+BuildICTtechnicalskillsforyouremployeesinareassuchascybersecuritydataanalyticsnetworkandinfrastructureandsoftwaredevelopmentFundingsupportofupto90%