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The grant defrays up to 70 percent* of qualifying project costs such as consultancy, training, certification and equipment costs. You can take on large scale upgrading projects in areas like increasing productivity, process improvement, product development, market access and increasing sales.
To encourage more SMEs to build business capabilities, the application process for grant support of $30,000 or less has been simplified. You can look forward to simpler application forms and reduced documentation requirements for such projects.
* SPRING’s enhanced funding support of up to 70% would be effective for three years until 31 March 2018.