Budget 2026

Learn what it means for your business.

Building resilient businesses in the changing world

As Singapore charts new pathways for economic growth, Budget 2026 sharpens its focus on strengthening the ecosystem and championing key growth sectors to help enterprises succeed.

By deepening support across innovation, internationalisation and sustainability, the Budget opens up more opportunities for enterprises to grow at various stages of their journey. It also strengthens support to help enterprises adopt and benefit from AI, building competitive advantage.

Learn more about these initiatives to help your business scale and go further.

  • Expanding overseas
    Market Readiness Assistance [Enhanced]
    • From 1 April 2026, support for SMEs will be enhanced up to 70% till 31 March 2029, while the S$100,000 grant cap will be extended.
    • From 2H 2026, it will also support companies to deepen activities in existing overseas markets, in addition to accessing new markets. More details will be shared.
    • Find out more here.

    Global Innovation Alliance Schemes [Enhanced]
    • From 1 April 2026 to 31 March 2029, support will be enhanced to up to 70% for SMEs and up to 50% for non-SMEs. Find out more here.

    Business Adaptation Grant [Enhanced]
    • From 1 April 2026 to 6 October 2027, support will be enhanced to up to 70% for SMEs and up to 50% for non-SMEs. Find out more here.

    Enterprise Financing Scheme [Enhanced]
    • From 1 April 2026, companies can tap facilities across the scheme up to a maximum of S$50 million per borrower group.
    • This will provide more flexibility for different financing needs, especially for overseas activities. Find out more here.

    Double Tax Deduction for Internationalisation [Enhanced]
    • From year of assessment 2027, more qualifying activities will be eligible for automatic claims, with the cap raised to S$400,000. Find out more here.
  • Transforming digitally
    Champions of AI [New]
    • A new programme will be launched to back leading companies with the ambition to use AI to transform their businesses comprehensively.

    Productivity Solutions Grant [Enhanced]
    • Expanded to support more digital and AI-enabled solutions, so that every firm, regardless of size, can access tools that help them work smarter and compete better. Find out more here.
  • Pursuing sustainability
    Energy Efficiency Grant [Enhanced]
    • Extended until 31 March 2027 to help firms invest in energy-efficient and sustainable solutions. Find out more here.

    Enterprise Financing Scheme – Green [Enhanced]
    • Extended until 31 March 2031 to facilitate access to financing for enterprises that develop or adopt green solutions. Find out more here.
  • Scaling up
    Startup SG Equity [Enhanced]
    • Expanded to cover growth-stage startups, with S$1 billion set aside for both early- and growth-stage deep tech investments. Find out more here.

Additional resources

Budget 2026