If you are a business owner in Singapore, you may be aware that the government offers a variety of grants to support the growth and development of businesses. These grants can provide funding for various aspects of your business, including research and development, capability development, internationalization, and more. In this article, we will provide an overview of the different types of government grants available in Singapore.

1. Capability Development Grant (CDG)
   The Capability Development Grant (CDG) is designed to help businesses grow and develop their capabilities. This grant provides funding for up to 70% of the costs of various projects, including upgrading of equipment, development of new products and services, and implementation of new business processes.
2. Productivity Solutions Grant (PSG)
   The Productivity Solutions Grant (PSG) is a grant that aims to help businesses improve their productivity and efficiency. This grant provides funding for up to 80% of the costs of various productivity solutions, including IT solutions, automation equipment, and training.
3. Market Readiness Assistance (MRA) Grant
   The Market Readiness Assistance (MRA) Grant is designed to help businesses expand into new overseas markets. This grant provides funding for up to 70% of the costs of various activities, including market research, overseas market promotion, and participation in international trade shows.
4. Enterprise Development Grant (EDG)
   The Enterprise Development Grant (EDG) is designed to support businesses in their growth and expansion plans. This grant provides funding for up to 70% of the costs of various projects, including upgrading of equipment, development of new products and services, and expansion into new markets.
5. Innovation and Capability Voucher (ICV)
   The Innovation and Capability Voucher (ICV) is designed to help businesses develop their capabilities in areas such as innovation, productivity, and human resources. This grant provides funding for up to 70% of the costs of various services, including consultancy, training, and certification.

In conclusion, these are just some of the many government grants available in Singapore to support businesses. As a business owner, it is important to understand the different types of grants available and to determine which ones are most relevant to your business needs. With the right grant, you can access funding to help your business grow and succeed.