The Business Adaptation Grant provides up to S$100,000 to enterprises impacted by tariffs to support advisory services on trade compliance, Free Trade Agreements, and supply chain optimization. It also funds reconfiguration costs related to logistics and inventory for enterprises owning manufacturing operations. Enhanced support rates apply for SMEs. Projects last up to 24 months with no group applications allowed.
Eligible companies must be registered and operating in Singapore with at least 30% local equity held by Singaporeans or PRs. They must export to or operate in overseas markets and be impacted by tariffs. Specific ownership and operational criteria apply for reconfiguration support.
