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34TIMESBUSINESSDIRECTORYOFSINGAPORE2025/2026GOVERNMENTDEVELOPMENTASSISTANCEPROGRAMMESFORSPECIFICSECTORSSectorProgrammesDescriptionAerospaceApprovedImportGSTSuspensionSchemeUnderAISSGST-registeredbusinessesintheaerospaceindustryenjoyaddedimportGSTsuspensionbenefitsforqualifyingaircraftpartsBuiltEnvironmentInvestmentAllowanceScheme(IAS)TheInvestmentAllowanceScheme(IAS)fortheconstructionindustryhelpsfirmsachievehigherlevelsofproductivitythroughprovidingtaxincentivesforinvestmentsinproductiveequipmentforconstruction-relatedworksandconstruction-relatedmanufacturingfacilitiesLogisticsApprovedThirdPartyLogistics(3PL)CompanySchemeApprovedlogisticscompaniesthatprovidelogisticsmanagementservicestooverseasclientsdonotneedtopayimportGSTorchargeGSTonthesuppliesoftheiroverseasclientsgoodsundercertaincircumstancesManufacturingandEngineeringApprovedContractManufacturerandTradeSchemeContractmanufacturers and tradersneednot account forGSTon value addedactivitiessuppliedtonon-GSTregisteredoverseascustomersoroverseaspersonsregisteredundertheOVRregimeasapay-onlypersonFORALLSECTORSProgrammesDescriptionEnterpriseFinancingScheme(EFS)TheEFShelpsSingaporeenterprisestoaccessfinancingmorereadilyEnterpriseSGwillsharetheloandefaultriskintheeventofenterpriseinsolvencywiththeParticipatingFinancialInstitutionsEnterpriseFinancingScheme-Green(EFS-Green)ExtensionofsupporttoincludetheadoptionofgreensolutionstillMarch2026EnhancedEnterpriseFinancingScheme-SMEWorkingCapitalLoanExtendingsupportforSMEstofinancetheiroperationalcashflowneedsMaximumloanquantumincreasedto$500000SustainableLoanGrantSchemeSupportscompaniestoobtainsustainableandtransitionfinancingbydefrayingtheexpensesofengagingindependentserviceproviders to validate thesustainabilitycredentialsof theloansOffsetsup toS$125000ofexpensesincurredfromexternalreviewsofeligiblegreensocialsustainabilitysustainability-linkedaswellastransitionloansandpromotestheadoptionofinternationallyrecognisedstandardsandtaxonomiesLOANS