Singapore: IE will extend 2015 Budget initiatives to help the expansion of local firms

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The trade agency in Singapore is currently evaluating if processes such as enhanced grant support should be prolonged, as more SMEs (small and medium-sized enterprises) attempt to expand regionally & even globally. International Enterprise (IE) Singapore is reviewing whether measures in Budget 2015 (whose ideals involve assisting firms grow outside of Singapore) should be extended further. This includes measures to raise the amount of financial support given to firms.