| | | | | | | | | Singapore recently announced its S$107 billion Budget 2021 to help businesses and households rebound from the pandemic. Here are some initiatives for businesses â more details can be found here. | | ⢠| Extension of financial support: The Jobs Support Scheme, which subsidises wages for local employees, will be extended till September for sectors impacted by the pandemic, such as aerospace and tourism. | | ⢠| Growing a vibrant business community: As Singapore deepens its position as a global-Asia node, the Government will invest in platforms to help firms innovate on an international scale. One initiative is the Corporate Venture Launchpad, which will provide co-funding for corporates to build new ventures through pre-qualified venture studios. | | ⢠| Catalysing capital for businesses: Businesses here from SMEs to large local enterprises will be given access to a suite of capital to innovate, transform, and scale. The Emerging Technology Programme for example, will co-fund the adoption of frontier technologies like 5G and AI. |
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| | UPCOMING EVENT | | [3 March] Singapore: Your Gateway into Asiaâs Medtech Industry | | Asia Pacific is set to become the 2nd largest region for medtech industry by 2023. Join speakers from EDB, EY, and medtech firm Healwav to learn about industry trends in the region, and how companies can best optimise their supply chain. | | |
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