New BizSG initiative to give SMEs easier access to government support and services
A website will offer guided help and tailor recommendations to each business’ needs and goals
The Singapore Ministry of Trade and Industry (MTI) and Enterprise Singapore (EnterpriseSG) have launched a new whole-of-government artificial intelligence initiative called BusinessSG, designed to make it easier for small and medium enterprises (SMEs) to access government support and services. BizSG, set to launch on September 30, will incorporate AI and emerging agentic technologies to provide tailored recommendations to each business's unique needs and goals, anticipate business requirements, and simplify transactions.
Senior Minister of State for Trade and Industry Low Yen Ling announced the initiative at the SME Centre Conference 2026, emphasizing that BizSG aims to create a more seamless and efficient process for businesses. The portal will offer guided navigation across government support and services, tailor recommendations to individual business needs, and simplify transactions such as licence applications and business filings.
Additionally, BizSG will provide businesses looking to expand overseas with access to trade data, tariff information, and market contacts across 30 markets and 13 industries. The AI-powered recommender will surface relevant grants based on businesses' profiles and plans, with initial grants including the Skills and Workforce Development Agency and EDGE grant.
EnterpriseSG stated that the portal will progressively add more government grants in the coming year. The initiative was developed with input from trade associations, SME Centre advisers, and nearly 200 companies, with over 700 businesses having used its beta version since October 2025.
Brief written by urgent.news from The Business Times - Singapore's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
