Complete Guide to Wise Grants in Singapore 2025: All Programs & Application Strategies

Agency expertise: ✅ Complete Wise portfolio ✅ Program analysis ✅ Application strategies ✅ Success factors ✅ Expert guidance

In the vibrant business landscape of Singapore, Wise has emerged as a crucial partner for SMEs seeking to innovate and grow. With a portfolio of 12 distinct grants, Wise offers comprehensive support tailored to meet the diverse needs of businesses across different sectors. This guide explores each grant, providing valuable insights into eligibility criteria, application processes, and practical strategies to enhance your chances of securing funding.

Wise operates with the objective of empowering small and medium enterprises (SMEs) through strategic financial support. Their grants cover a variety of areas, including technology adoption, business innovation, market expansion, and workforce development. Below, we delve into each grant and its specific focus.

Designed to help businesses integrate cutting-edge technology solutions, this grant aims to enhance operational efficiency and competitiveness. Eligibility requires businesses to demonstrate a clear technology adoption plan with measurable outcomes.

Application Strategy: Highlight how the technology will improve your business processes and showcase any prior successful technology implementations.

Focusing on fostering innovation, this grant supports projects that introduce new products or services. Applicants must present a comprehensive business plan detailing the innovation's potential impact.

Application Strategy: Provide case studies or prototypes that illustrate the feasibility and potential success of your innovative project.

This grant assists businesses looking to enter new markets, both locally and internationally. It covers costs associated with market research, promotional activities, and distribution channel establishment.

Application Strategy: Conduct thorough market analysis and demonstrate strong market entry strategies, including partnerships or distribution networks.

Aimed at upskilling employees, this grant covers training programs and professional development courses. Eligible businesses must outline a clear training roadmap with expected skill enhancements.

Application Strategy: Align training programs with business goals and include testimonials from previous successful training initiatives.

Encouraging eco-friendly practices, this grant supports projects that integrate sustainability into business operations. Applicants must present initiatives that reduce environmental impact and promote sustainability.

Application Strategy: Use data to demonstrate current environmental challenges and how your proposed initiative will address them.

Supporting digitalization efforts, this grant helps businesses transition to digital platforms for improved customer engagement and operational efficiency.

Application Strategy: Show past digital projects and how they increased efficiency or customer engagement, and link these to your current digital strategy.

This grant funds R&D projects that lead to new products or processes. Applicants need to provide a detailed R&D plan with defined objectives and timelines.

Application Strategy: Include previous R&D successes and how they benefited your business, emphasizing the potential market impact of your current project.

Helping businesses expand their export activities, this grant covers export-related costs such as compliance and logistics.

Application Strategy: Present a strong export plan that includes target markets, potential customers, and logistics strategies.

Focusing on boosting productivity, this grant supports projects that streamline business operations or improve resource management.

Application Strategy: Use metrics to show current productivity levels and how your project will improve these metrics.

Encouraging partnerships, this grant supports collaborative projects between businesses and research institutions or other enterprises.

Application Strategy: Highlight previous collaborations and the outcomes achieved, and outline the roles and contributions of each partner in the proposed project.

Targeted at early-stage businesses, this grant provides funding for business development activities including marketing and product development.

Application Strategy: Present a strong business model and growth plan, including how the grant will accelerate your startup's development.

Supporting initiatives that benefit the community, this grant is for projects that have a social impact.

Application Strategy: Showcase past community projects and their impacts, and present a detailed plan for your current initiative.

Securing a Wise grant can significantly enhance your business’s growth trajectory. By understanding each grant’s focus and tailoring your application to meet these criteria, you can improve your chances of success. Remember to provide comprehensive data, realistic projections, and clear strategies that align with Wise's objectives. For further assistance, consider consulting with a grant specialist to refine your application and maximize your potential for funding.