Assistance Schemes Archives

Facilitating the Safe Adoption of AI – New Initiatives Unveiled at Committee of Supply 2026

June 29, 2026June 8, 2026 by Weave Asia

Singapore’s unwavering commitment to technological leadership took center stage at the Committee of Supply (“COS”) 2026 debates, amid Parliament’s budget deliberations. Minister for Digital Development and Information, Josephine Teo, unveiled a suite of groundbreaking initiatives aimed at accelerating artificial intelligence (“AI”) adoption while embedding robust safeguards. These measures, which form part of the broader National … Read more

Declaring Bankruptcy, What Happens Next?

May 14, 2026March 15, 2022 by Weave Asia

If your debts have become unmanageable, you might be thinking about declaring bankruptcy. While bankruptcy may be the only way out for some people, it also has serious consequences that are worth considering before you make any decisions. A Bankruptcy Order is granted by the Court when it is satisfied that the debtor is unable … Read more

Government Funding and Assistance Schemes Available in Singapore: Upskilling And Retraining, Part III

April 29, 2026September 9, 2020 by Silvester Editor

In this article, we’ll look at the remaining upskilling and retraining support offered by the Government to companies and individuals. IMDA Company-Led Training Programme (CLT) The Company-Led Training (CLT) programme aims to accelerate professional development through on-the-job structured training programme for fresh to mid-level professionals acquiring competencies for jobs in the Digital Economy. Companies … Read more

Government Funding and Assistance Schemes Available in Singapore: Upskilling and Retraining, Part II

April 29, 2026September 9, 2020 by Silvester Editor

In this article, we will focus on Workfare and how it can help your business. Global Innovation Alliance Workfare Training Support (WTS) encourages individuals to attend training to upgrade their work skills and improve their employability. The following benefits are up for grabs: For Employers: Up to 95% absentee payroll (no cap) for all … Read more

Government Funding and Assistance Schemes Available in Singapore: Upskilling and Retraining, Part I

April 19, 2026September 9, 2020 by Weave Asia

The world economy grows increasingly dependent on digital technology, and human capital becomes increasingly crucial for economic stimulation. The Singapore Government places high importance on education, healthcare and upgrading the skills of its local talent base. It is crucial that companies and individuals adapt and leverage the relevant government policies implemented. The sources of support … Read more

Government Funding and Assistance Schemes Available in Singapore: Technology and Innovation, Part II

April 19, 2026September 1, 2020 by Weave Asia

In Part II of this series, we will look at the resources offered by A*STAR. Working with A*STAR A*ccelerate acts as A*STAR’s commercialisation arm, tasked with commercialising A*STAR research outcomes, thus driving innovation and economic transformation. SMEs and entrepreneurs working with A*ccelerate are able to obtain (1) IP licences, (2) Gap Funding for A*STAR … Read more

Government Funding and Assistance Schemes Available in Singapore: Technology & Innovation, Part I

April 19, 2026September 1, 2020 by Weave Asia

Looking to enter the Technology and Innovation markets? Overwhelmed by complicated information on Government Assistance Schemes? Silvester Legal LLC has compiled all the relevant information into an accessible 3-part series. Singapore is strategically positioned to dominate the Technology and Innovation markets. Singapore is the most innovative country (according to The 2017 Global Innovation Index) with … Read more