SMEs still looking to government for help and funding: poll
This suggests that beyond greater incentives, there may be a need to raise awareness of government's initiatives
Mindy Tan
Singapore
DESPITE numerous initiatives rolled out by the government to help small and medium enterprises (SMEs), their Budget wishlist continues to revolve around incentives and subsidies, a UOB survey found.
According to survey respondents, 26 per cent are looking for incentives/help for overseas expansion, 25 per cent are looking at government-backed financing schemes for SMEs and 20 per cent are looking at incentives/subsidies for technology investments.
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