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Identifying Core Capabilities through Strategic Brand and Marketing Development, Innovation, Automation and Productivity and Market Access
Small and medium-sized business in Singapore faces real challenges. From rising business costs and restriction in labour laws, this has squeezed their margins as it becomes increasing difficult to operate a profitable enterprise. The challenges of SME brands are real as many are re-looking their business model and marketing strategies.
Against the competitive business landscape today, the Singapore Government has placed great emphasis on helping local companies building strong foundations and business and marketing strategies and most importantly grow their overseas presence.
There are many available grants from Enterprise Singapore and Singapore Tourism Board that are able to help serious business and brands achieve greater. OCG has Singapore Certified Management Consultants that are able to assist you and understand more about how your company can compete stronger with these assistance.
Enterprise Development Grant (EDG), one of the more popular business grants is managed by Enterprise Singapore. If your business is in tourism or media sector, there are other specific grants from other government bodies like IMDA and STB. Most grants have very comprehensive and transparent information on their website.
EDG (previously called CDG) is popular because it covers most general industries (i.e retail and F&B). Its mission is to help SME build a strong foundation and help grow overseas presences. On its website, it mentions funding up to 70% for consultant fees, software and equipment and incremental internal manpower cost.
From our knowledge, grants like EDG generally help local business in these key areas
Consultation to access, diagnose and recommend strategies to help strength business capabilities in
Assist in development on business automation, process redesign and product development.
Help company build brand presences in new market or increase their business/marketing presences.
Over the years, we have done end to end consultation work from Offering, Execution to Closure stage. Typically these projects take about 6-9 months to complete. Not all our works are government assisted as these works include local and overseas brands alike.
The Singapore government is doing a lot for the SME market locally. Are you ready to leverage and improve your business productivity?