{"id":522,"date":"2025-08-27T13:55:45","date_gmt":"2025-08-27T13:55:45","guid":{"rendered":"https:\/\/www.cresco-investments.com\/markets\/?post_type=insight-and-update&p=522"},"modified":"2025-09-09T07:51:31","modified_gmt":"2025-09-09T07:51:31","slug":"new-grant-eases-business-strain-from-global-trade-shocks","status":"publish","type":"news-and-development","link":"https:\/\/www.cresco-investments.com\/markets\/news-and-development\/new-grant-eases-business-strain-from-global-trade-shocks\/","title":{"rendered":"New Grant Eases Business Strain from Global Trade Shocks"},"content":{"rendered":"
Eligible companies to receive up to S$100,000 in transitional support from October 2025<\/i><\/b><\/p>\n
Singapore will roll out a new <\/span>Business Adaptation Grant<\/b> in <\/span>October 2025<\/b>, offering targeted support to firms navigating rising global trade tensions and shifting tariff landscapes.<\/span><\/p>\n The Business Adaptation Grant is designed as a time-limited, targeted scheme to help companies adjust to immediate trade-related disruptions.<\/span><\/p>\n \u00a0<\/span>Targeted Relief for Exporters and Manufacturers<\/b><\/p>\n The grant will provide <\/span>up to S$100,000<\/b> per eligible company over a <\/span>two-year period<\/b>, focusing on transitional needs rather than long-term operational subsidies. It adopts a <\/span>co-funding model<\/b>, with a larger share allocated to small and medium enterprises (SMEs).<\/span><\/p>\n Export-oriented companies can use the funding to cover <\/span>advisory services<\/b> related to trade compliance, free trade agreements (FTAs), legal and contractual reviews, and market diversification strategies.<\/span><\/p>\n Meanwhile, <\/span>manufacturing firms<\/b> may receive support for supply chain restructuring, such as <\/span>logistics redesign<\/b> or additional <\/span>inventory holding costs<\/b> incurred while rerouting production or procurement channels.<\/span><\/p>\n More details about the grant will be disclosed in October.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Eligible companies to receive up to S$100,000 in transitional support from October 2025<\/p>\n","protected":false},"author":1,"featured_media":649,"template":"","meta":{"_links_to":"","_links_to_target":""},"category-news-development":[],"class_list":["post-522","news-and-development","type-news-and-development","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\n