New Grant Eases Business Strain from Global Trade Shocks

Cresco Markets

Eligible companies to receive up to S$100,000 in transitional support from October 2025

Singapore will roll out a new Business Adaptation Grant in October 2025, offering targeted support to firms navigating rising global trade tensions and shifting tariff landscapes.

The Business Adaptation Grant is designed as a time-limited, targeted scheme to help companies adjust to immediate trade-related disruptions.

 Targeted Relief for Exporters and Manufacturers

The grant will provide up to S$100,000 per eligible company over a two-year period, focusing on transitional needs rather than long-term operational subsidies. It adopts a co-funding model, with a larger share allocated to small and medium enterprises (SMEs).

Export-oriented companies can use the funding to cover advisory services related to trade compliance, free trade agreements (FTAs), legal and contractual reviews, and market diversification strategies.

Meanwhile, manufacturing firms may receive support for supply chain restructuring, such as logistics redesign or additional inventory holding costs incurred while rerouting production or procurement channels.

More details about the grant will be disclosed in October.

Cresco Markets
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