The enhanced Enterprise Financing Scheme (EFS) supports Singaporean enterprises in their internationalisation and M&A efforts. Key updates include increased loan quantum, broadened scope to cover asset
EFS-Green is a targeted scheme to support eligible enterprises (i.e. Project Developers, System Integrators, Technology & Solution Enablers) in Green Growth Sectors such as Clean Energy, Circular Economy, Green Infrastructure
Singapore''s first smart and clean energy-powered service stations have been unveiled today. This project was developed following an innovation grant awarded to Singapore renewable energy
The Applicant must duly complete and sign the Application Form. The Application Form should be submitted together with all necessary information and supporting documents. Applications
2024 Update - Energy Storage Systems ("ESS") In Singapore. Legal News and Analysis - Singapore - Energy & Project Finance - Conventus Law
Budget 2025 focuses on empowering Singapore businesses to pursue diverse avenues of growth in an increasingly competitive global landscape. With initiatives to foster innovation, enhance business competitiveness, and strengthen the
SINGAPORE: Singapore''s Enterprise 2030 strategy will support the growth of high potential companies and strengthen core capabilities of local enterprises in industry
Findings from the project will also be applied to improve safety and lower the compliance cost of future ESS deployments in Singapore. The consortium will be developing
SINGAPORE: Singapore''s Enterprise 2030 strategy will support the growth of high potential companies and strengthen core capabilities of local enterprises in industry transformation, said Second
These energy storage systems are "critical in supporting Singapore''s target of at least 2 gigawatt-peak of solar deployment by 2030", as they help to integrate more solar energy into the power
The Singapore IP Strategy 2030 (SIPS 2030) is the national strategy to strengthen Singapore''s IA/IP (intangible asset / intellectual property) regime, enable enterprises to use their IA/IP more effectively, and create good
Explore solar financing options in Singapore, including solar loans, leases, and power purchase agreements. Compare rates, government incentives, and the best options for residential and
The 200MW/285MWh Sembcorp BESS project on Jurong Island, Singapore. Image: Sembcorp Singapore''s government and Energy Market Authority (EMA) have announced power sector and grid enhancements,
The Singapore enterprise social software (ESS) market is experiencing substantial growth due to the ever-increasing need for efficient communication and collaboration within organizations.
Enterprise Singapore will set aside up to S$180 million for the programme, which is expected to benefit at least 6,000 enterprises over the next four years. The programme will support training workshops, capability and product
These financing schemes were carried over from former SPRING and IE Singapore and will be relaunched as the EFS, managed by Enterprise Singapore. Enterprise Singapore will share the loan default risk in the event of enterprise
Learn how to apply for government grants and business loans for SMEs in Singapore, including PSG, EDG funding, and the CIMB Working Capital Loan.
Amid a challenging business environment in 2023, Enterprise Singapore helped some 18,000 Singapore companies grow revenues through improving cost competitiveness, innovation, and
GOOD PROGRESS MADE ON THE SINGAPORE GREEN PLAN 2030 AS GOVERNMENT ACCELERATES DECARBONISATION AND SUSTAINABILITY EFFORTS 8 March 2022 – At
SINGAPORE''S clean energy efforts to maximise its solar power potential has made a big leap with the official opening of its massive energy storage system (ESS) of "giant batteries" – the largest of such a facility in
To support these efforts, the government has committed itself to helping businesses transition to more sustainable practices through a diverse range of green grants under the Singapore Green Plan 2030. The Singapore
Among the many project loan providers is the government of Singapore itself, through the Enterprise Financing Scheme - Project Loan (EFS-PL) run by Enterprise Singapore that is
What Is The Singapore Green Plan 2030? The Singapore Green Plan 2030, or the Green Plan, is a whole-of-nation movement to advance Singapore''s national agenda on sustainable development.
Singapore''s First Utility-scale Energy Storage System Through a partnership between EMA and SP Group, Singapore deployed its first utility-scale ESS at a substation in Oct 2020. It has a capacity of 2.4 megawatts (MW)/2.4 megawatt
SINGAPORE – Singapore will push on with applying artificial intelligence (AI) on a large scale in key sectors, as well as launch major research and development (R&D)
EFS-Green is a targeted scheme to support eligible enterprises (i.e. Project Developers, System Integrators, Technology & Solution Enablers) in Green Growth Sectors such as Clean Energy,
DBS and Enterprise Singapore launched the "ESG Ready Programme" today. The end-to-end programme aims to help local businesses – from small and medium enterprises (SMEs) to mid
To further strengthen the enterprise ecosystem, Singapore will expand support for firms looking to scale globally by extending internationalisation and merger and acquisition (M&A) support schemes. The city-state will also
These financing schemes were carried over from former SPRING and IE Singapore and will be relaunched as the EFS, managed by Enterprise Singapore. Enterprise Singapore will share the loan default risk in the event of enterprise insolvency with the Participating Financial Institutions.
What is it? The Enterprise Financing Scheme – Project Loan (EFS – PL) supports Singapore-based enterprises’ overseas project financing needs, which include the financing of working capital, guarantee and fixed assets. What is being enhanced?
ES was formed after a merger of Spring Singapore and IE Singapore. The Enterprise Financing Scheme consists of 6 separate government assisted financing schemes that is grouped under one umbrella, EFS. These financing schemes are supported by various participating financial institutions (PFIs).
The Enterprise Financing Scheme (EFS) is a comprehensive tool to enable Singapore enterprises to access financing more readily across all stages of growth.
The Monetary Authority of Singapore (MAS) also supports related initiatives (for example, MAS launched a Green and Sustainability-Linked Loan Grant Scheme complementary to EFS-Green), but the EFS itself is chiefly managed by Enterprise Singapore. Enterprise Financing Scheme Program
Minimum Local Shareholding: At least 30% of the company’s ownership must be held by Singaporeans or Permanent Residents (either directly or indirectly). In other words, the enterprise should be locally owned to a significant extent. Business Size (SME Definition): For most EFS loan categories, the applicant should be an SME.
