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29TIMESBUSINESSDIRECTORYOFSINGAPORE2024/2025GOVERNMENTDEVELOPMENTASSISTANCEPROGRAMMESFORSPECIFICSECTORSSectorProgrammesDescriptionFinancialServicesGrantforEquityMarketSingapore(GEMS)-ResearchTalentDevelopmentTheGEMSResearchTalentDevelopmenttracksupportsfinancialinstitutionsindevelopingequityresearchcapabilitiesFinancialServicesInstituteofBankingandFinanceStandardsTrainingScheme(IBF-STS)TheIBF-STSprovidesfundingforprogrammesaccreditedundertheIBFstandardsFinancialServicesInternationalPostingsProgramme(iPOST)TheiPOSTinitiativehelpsFIsdefraypartofthecostsincurredinsendingSingaporecitizenstaffonglobalandregionalattachmentsorpostingsFood&Beverages(F&B)EnergyEfficiencyGrant(EEG)TheEnergyEfficiencyGrant(EEG)aimstohelpbusinesseswithintheFoodServicesManufacturingorRetailsectorstocopewithrisingenergycoststhroughco-fundinginvestmentsinmoreenergy-efficientequipmentFood&Beverages(F&B)EnterpriseDevelopmentGrant(EDG)TheEDGhelpsSingaporecompaniesgrowandtransformThisgrantsupportsprojectsthathelpyouupgradeyourbusinessinnovateorventureoverseasReceiveupto70%supportforeligiblecostsFood&Beverages(F&B)HawkersGoDigitalBonusof $300permonthover 5months tobegiven tostallholdersinhawkercentreswetmarketscoffeeshopsandindustrialcanteentoencourageadoptionofe-paymentsFood&Beverages(F&B)HealthierDiningGrantTheHealthierDiningGrantisafundingschemewhichempowersHealthierDiningProgrammePartnerstopublicisetheirhealthiermenuoptionseitheronlineorofflineFood&Beverages(F&B)HealthierDiningInnovationGrant(HDI)HDIisafundingschemeofupto$5000forF&Boperatorstotaketheirfirststeptowardscapabilityupgradingin4areasR&DPurchaseofHealthierIngredientsCulinaryTrainingandRecipeReformulationFood&Beverages(F&B)HealthierIngredientDevelopmentScheme(HIDS)HIDSisaHealthyChoiceSymbolDevelopmentGrantthatincentivisesfoodingredientmanufacturers/supplierstodevelopgreatervarietiesofhealthieringredientsforadoptionamongF&BbusinessesandconsumersTheschemefundsupto80%qualifyingprojectcostscapat$200000Food&Beverages(F&B)HealthierIngredientPromotionScheme(HIPS)HIPSis a Go-To-Market grant thatincentivises foodingredient manufacturers/supplierstopromotetheadoptionofhealthieringredientsamongF&BbusinessesandconsumersTheschemefundsupto80%qualifyingprojectcostscapat$300000ForestryEnterpriseDevelopmentGrant(EDG)TheEDGhelpsSingaporecompaniesgrowandtransformThisgrantsupportsprojectsthathelpyouupgradeyourbusinessinnovateorventureoverseasReceiveupto70%supportforeligiblecostsHealthcareEnterpriseDevelopmentGrant(EDG)TheEDGhelpsSingaporecompaniesgrowandtransformThisgrantsupportsprojectsthathelpyouupgradeyourbusinessinnovateorventureoverseasReceiveupto70%supportforeligiblecosts–Contd