{"id":1045,"date":"2023-06-02T09:06:44","date_gmt":"2023-06-02T09:06:44","guid":{"rendered":"https:\/\/opencompanysingapore.com\/the-global-company-partnership-grant-for-singapore-companies\/"},"modified":"2023-07-12T06:46:59","modified_gmt":"2023-07-12T06:46:59","slug":"the-global-company-partnership-grant-for-singapore-companies","status":"publish","type":"post","link":"https:\/\/opencompanysingapore.com\/the-global-company-partnership-grant-for-singapore-companies\/","title":{"rendered":"The Global Company Partnership Grant for Singapore Companies"},"content":{"rendered":"\n<p>Over the last few years,&nbsp;<strong>Singapore has enabled several assistance programs for local companies<\/strong>, among which the most familiar one is the&nbsp;<strong>Industry Transformation Map<\/strong>. However, this is not the only way the government has planned to help&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/company-registration-in-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore companies<\/a><\/strong>, as there are agencies, such as International Enterprise (IE), which plays an important role in helping small and medium-sized enterprises (SMEs) to expand their activities overseas. Knowing how challenging a new business environment is and the costs it could incur, IE Singapore has enabled the&nbsp;<strong>Global Company Partnership Grant<\/strong>.<\/p>\n\n\n\n<p>Below&nbsp;<strong>our&nbsp;<a href=\"https:\/\/www.opencompanysingapore.com\/about-us\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore company formation consultants<\/a><\/strong>&nbsp;explain how to access this program.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #002e5b;color:#002e5b\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #002e5b;color:#002e5b\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/opencompanysingapore.com\/the-global-company-partnership-grant-for-singapore-companies\/#who-can-enter-the-global-company-partnership-grant-in-singapore\" title=\"Who can enter the Global Company Partnership Grant in Singapore?\">Who can enter the Global Company Partnership Grant in Singapore?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/opencompanysingapore.com\/the-global-company-partnership-grant-for-singapore-companies\/#what-are-the-costs-supported-by-the-singapore-global-company-partnership-grant\" title=\"What are the costs supported by the Singapore Global Company Partnership Grant?\">What are the costs supported by the Singapore Global Company Partnership Grant?<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"who-can-enter-the-global-company-partnership-grant-in-singapore\"><\/span><strong>Who can enter the Global Company Partnership Grant in Singapore?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The&nbsp;<strong>Global Company Partnership Grant<\/strong>&nbsp;is available for both&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/types-of-companies-in-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">large and small companies in Singapore<\/a><\/strong>. Companies with a few years of history can benefit from a&nbsp;<strong>50% refund of the costs<\/strong>&nbsp;generated by hiring another company or individual to develop a strategy which will enable them to expand their operations on foreign market. SMEs will benefit from a&nbsp;<strong>70% refund<\/strong>&nbsp;of the amount spent on the same services.<\/p>\n\n\n\n<p>In order to enter the&nbsp;<strong>Global Company Partnership Grant<\/strong>, a company must fulfill the following eligibility criteria:<\/p>\n\n\n\n<ul>\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a minimum annual sales revenue of 500,000 SGD;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the headquarter of the company must be located in Singapore;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; a minimum paid-up capital of 50,000 SGD.<\/li>\n<\/ul>\n\n\n\n<p>Our&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">company formation experts in Singapore<\/a><\/strong>&nbsp;can also help you&nbsp;<strong>open a company<\/strong>&nbsp;in the city-state.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"what-are-the-costs-supported-by-the-singapore-global-company-partnership-grant\"><\/span><strong>What are the costs supported by the Singapore Global Company Partnership Grant?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The&nbsp;<strong>Global Company Partnership Grant<\/strong>&nbsp;is dedicated to&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/general-guide-to-company-incorporation-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore companies<\/a><\/strong>&nbsp;carrying the following activities which help them expand their operations:<\/p>\n\n\n\n<ul>\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; activities which help them create a brand for their company;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; the development of financial management strategies;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/the-intellectual-property-office-in-singapore\" target=\"_blank\" rel=\"noreferrer noopener\">intellectual property<\/a><\/strong>&nbsp;management activities;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; franchising activities;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; e-commerce development strategies;<\/li>\n\n\n\n<li>&#8211;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; internationalization strategies.<\/li>\n<\/ul>\n\n\n\n<p>The&nbsp;<strong>Global Company Partnership Grant<\/strong>&nbsp;will be developed by March 2018 for SMEs in Singapore.<\/p>\n\n\n\n<p>If you are interested in&nbsp;<strong>opening a company in the Lion City<\/strong>&nbsp;and need assistance, please&nbsp;<strong><a href=\"https:\/\/www.opencompanysingapore.com\/contact\" target=\"_blank\" rel=\"noreferrer noopener\">contact our Singapore company formation advisors<\/a><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Over the last few years,&nbsp;Singapore has enabled several assistance programs for local companies, among which the most familiar one is the&nbsp;Industry Transformation Map. However, this is not the only way the government has planned to help&nbsp;Singapore companies, as there are agencies, such as International Enterprise (IE), which plays an important role in helping small and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[999,8,11,998,997],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Global Company Partnership Grant for Singapore Companies<\/title>\n<meta name=\"description\" content=\"Find here information on the Global Company Partnership Grant. 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