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Global Partnership (GCP) Capacity Building and Manpower Development Opportunities by Enterprise Singapore

Breaking into new markets can be easier if you have the right business capabilities, knowledge and skills. We can help you defray the costs of engaging a third-party professional to develop strategies that will grow your capabilities for overseas expansion, through the Global Company Partnership (GCP) Grant.

Small and medium enterprises (SMEs) will receive up to 70% funding for eligible costs, while bigger companies get up to 50% funding support.

All Singapore-based companies with:
  • Global aspirations
  • Clear internationalisation plan
  • Competitive product or service
  • Potential economic benefits to Singapore

Enterprise Singapore

International Enterprise Singapore and SPRING came together on 1 April 2018 as a single agency to form Enterprise Singapore.

Enterprise Singapore is the government agency championing enterprise development. We work with committed companies to build capabilities, innovate and internationalise. We also support the growth of Singapore as a hub for global trading and startups. As the national standards and accreditation body, we continue to build trust in Singapore’s products and services through quality and standards.

Startup SG by Enterprise Singapore

Startup SG represents the shared interests of the startup community and positions Singapore as a leading startup hub. It provides entrepreneurs with a launch pad and a platform to connect them to the global stage and access to local support initiatives.

Trade Credit Insurance Scheme (SCIS)

Trade Credit Insurance (TCI) is an insurance protection that your company can purchase to protect against non-payment by your buyers, thus allowing you to acquire new customers with greater confidence. The Trade Credit Insurance Scheme (TCIS) defrays the cost of insurance for companies by supporting part of the minimum premium payable.


If your company qualifies, Enterprise Singapore can support up to 50% of the minimum insurance premium for TCI policies provided commercially by Singapore-registered credit insurers. This is subject to a maximum lifetime support of S$100,000 per qualifying Applicant Company.


Your company needs to fulfil the following criteria:

  • Global headquarters1 anchored in Singapore
  • Turnover of Applicant Company and its subsidiaries should not exceed S$100
  • A minimum paid-up capital of S$50,000

Political Risk Insurance Scheme (PRIS)

Political risks insurance (PRI) is an important tool for companies to safeguard their projects and/or investments in overseas markets against political uncertainties. Companies can also use PRI to unlock access to mid to long-term financing as it gives lenders additional assurance that the impact of political uncertainties over the performance of a project or investment has been mitigated.

With Political Risk Insurance Scheme (PRIS), qualifying Singapore companies can receive premium support for PRI policies. Enterprise Singapore will support 50% of the premium for up to the first three years of each PRI policy. This is subject to a maximum amount of S$500,000 per qualifying Singapore-based company.

A typical PRI policy covers risks such as:

  • Expropriation
  • Currency inconvertibility and transfer restrictions
  • Political violence
  • Breach of contract by host government
  • Non-honouring of sovereign financial obligations


Companies applying for PRIS1 should meet the following criteria:

  • Global HQ2 anchored in Singapore
  • At least three strategic business functions3 in Singapore
  • An annual turnover not exceeding S$500 million
  • An annual total business spending4 of at least S$250,000 in Singapore for each of the past three years
  • A minimum paid-up capital of S$50,000


Loan Insurance Scheme (LIS)

Companies can secure short-term trade financing with the Loan Insurance Scheme (LIS), which insures the banks against insolvency risks of the borrowers. Loans are underwritten by commercial insurers, while a portion of the insurance premium is supported by the Government.

Companies can apply for the LIS to secure short-term trade financing lines such as:

  • Inventory / stock financing facility
  • Structured pre-delivery working capital
  • Factoring / bill or invoice or accounts receivable discounting with recourse

Internationalisation Finance Scheme (IFS)

Internationalisation Finance Scheme (IFS) is a programme designed to assist aspiring Singapore-based companies who wishes to venture abroad and are in need of financing facility. IFS provides indemnification to Participating Financial Institutions (PFIs) who provides the facility.

With IFS, companies have opportunities to access financing facilities provided by PFI in the following categories:

  • Asset-based financing to purchase fixed assets for use overseas, or to purchase/construct factories overseas.
  • Structured loans to finance the working expenses of secured overseas projects.
  • Banker’s guarantee for issuance of guarantee facilities for secured overseas projects which can take the form of advance payment guarantee, performance guarantee or tender bond guarantee.
  • Merger and Acquisition financing to finance acquisition of equity stakes in businesses for overseas expansion. The acquisition should be in line with the applicant’s core business.


SME Equipment and Factory Loan

Small and medium enterprises (SMEs) can apply loans of up to S$15 million through the Local Enterprise Finance Scheme (LEFS) to purchase equipment, machines or selected factory properties.

Enterprise Singapore shares the risk of loan defaults with Participating Financial Institutions in the event of company insolvency.

SME Venture Loan by Enterprise Singapore

Fast growing and innovative companies can expand your operations with venture debt financing of up to S$6 million.

Introduced in October 2015, the Venture Debt Programme (VDP) serves as an additional funding option for SMEs where venture debt providers may combine loans with rights to purchase equity.

TO facilitate continued access to alternative financing, the VDP will be extended for another three years from 1 April 2018 to 31 March 2021.

Enterprise Singapore shares 50% of the risk of loan defaults with Participating Financial Institutions (PFIs) in the event of company insolvency interest rates, repayment structures, collateral and warrant structures will be determined by the PFIs.

SME Working Capital Loan by Enterprise Singapore

Get greater access to unsecured working capital loans of up to S$300,000, through the SME Working Capital Loan. Launched in June 2016, the loan acts as an additional financing option by helping eligible companies cope with larger working capital and cash flow needs. The loan programme will be available till 31 May 2019.

Enterprise Singapore partners with Participating Financial Institutions and co-shares 50% of loan default risks in the even of company insolvency.