{"id":4848,"date":"2020-08-20T07:00:02","date_gmt":"2020-08-19T23:00:02","guid":{"rendered":"https:\/\/dollarsandsense.sg\/business\/?p=4848"},"modified":"2020-11-23T15:36:16","modified_gmt":"2020-11-23T07:36:16","slug":"step-by-step-guide-to-using-the-new-gobusiness-gov-assist-for-finding-grants-youre-eligible-for","status":"publish","type":"post","link":"https:\/\/dollarsandsense.sg\/business\/step-by-step-guide-to-using-the-new-gobusiness-gov-assist-for-finding-grants-youre-eligible-for\/","title":{"rendered":"Step-By-Step Guide To Using The New GoBusiness Gov Assist For Finding Grants You’re Eligible For"},"content":{"rendered":"\n

If you have ever confused been by the myriad government grants and schemes available, the newly launched\u00a0GoBusiness Gov Assist<\/a>\u00a0aims to address this with their e-adviser service. <\/p>\n\n\n\n

This service is especially timely now. Many businesses are still struggling with the impact from COVID-19 and may need additional governmental support to tide them through this difficult time. At the same time, there are also business that are leveraging on accelerating trends to supercharge their growth and can use additional firepower from the government to expand.<\/p>\n\n\n\n

GoBusiness Replaces The SME Portal<\/h3>\n\n\n\n

GoBusiness Gov Assist replaces the old SME Portal which ceased on 1 September 2020. Instead, content from SME Portal is ported over to GoBusiness Gov Assist and Enterprise Singapore (ESG).\u00a0<\/p>\n\n\n\n

GoBusiness Gov Assist collates all grant related matters including the\u00a0Productivity Solutions Grant<\/a>\u00a0listings and the\u00a0GeBiz Alerts<\/a>. Non-grant information such as\u00a0SME support<\/a>\u00a0and\u00a0appointment booking for business advisory sessions<\/a>\u00a0can be found at Enterprise Singapore.\u00a0<\/p>\n\n\n\n

Read Also: <\/em><\/strong>Planning To Start A Business In 2020? Here\u2019s Your Guide To Grants, Tools, And Resources Available<\/em><\/strong><\/a><\/em><\/strong><\/p>\n\n\n\n

Features Of GoBusiness Gov Assist For Companies<\/h3>\n\n\n\n

The great thing about the new e-adviser service is that you do not need to have go clicking through all the various grants and schemes to find out those that are relevant to you. Instead, the e-advisor will ask you some questions to narrow down the grants and schemes that may fit your needs. <\/p>\n\n\n\n

Additionally, you don\u2019t have to login to CorpPass or input any company identification to use the service. To begin, click on Get Started with e-Adviser<\/a> button on the home page. <\/p>\n\n\n\n

Step 1: Identify Your Business Needs <\/h3>\n\n\n\n

Once you click through, it will ask you to identify your business needs. You may select 2 out of the 10 options each time. If you have more than 2 business needs, you can restart the e-adviser with your other needs another time. By focusing on only 2 main business needs, it forces you to prioritise what is crucial to your business right now and focuses the grants result displayed. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

For illustration, you chose \u201cHelp My Business through COVID-19\u201d as the first business need and your specific need is \u201cGet loans to alleviate cashflow issues\u201d. <\/p>\n\n\n\n

You chose \u201cImprove Working Arrangements\u201d as your secondary business need and the specific need is \u201cImplement flexible working arrangements\u201d.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Clicking on certain specific needs may bring up sub-options. For example, choosing \u201cGet loans to alleviate cashflow issues\u201d causes additional options to appear. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Read Also:\u00a0<\/em><\/strong>Singapore Budget 2020: How Enterprise Financing Scheme (EFS) Can Help SMEs<\/em><\/strong><\/a><\/p>\n\n\n\n

Step 2: Fill In Your Business Details<\/h3>\n\n\n\n

Next, you need to input some basic details about your business. This is mainly to help the e-adviser narrow down the grants and schemes applicable to your business. Some grants and schemes have criteria related to ownership, revenue size or years in operation. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Step 3: Read Through The Shortlisted Schemes<\/h3>\n\n\n\n

This step brings you to all the relevant schemes that the e-advisor has narrowed down as relevant to your business. The thumbnails give a short description of what the scheme is about and each scheme is tagged by type (e.g. \u201cloan\u201d, \u201cgrant\u201d, \u201ctoolkit\u201d). This provides a simplified overview of the relevant schemes.<\/p>\n\n\n\n

Clicking on the \u201cfind out more\u201d link of each scheme will bring you to the relevant agency\u2019s webpage and you can find out more details about the schemes and the application process from there. <\/p>\n\n\n\n

You also have the option to send your results to your email so that you can use it as a reference later. <\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

If your business is having cashflow constraints, you can also rely on your business bank partners to facilitate with your application. For example, if you are banking with OCBC, they will ultimately be disbursing loans through the Temporary Bridging Loan (TBL) programme<\/a>. You can also tap on other government-assisted business loans such as the SME Working Capital Loan<\/a>.<\/p>\n\n\n\n

Read Also: <\/em><\/strong>Practical Guide To Understanding SME Loans In Singapore<\/em><\/strong><\/a><\/p>\n\n\n\n

GoBusiness Gov Assist Points You In The Right General Direction<\/p>\n\n\n\n

As an e-adviser service, GoBusiness Gov Assist is much easier to use than the previous method of trawling through the last of schemes to identify those that are relevant to your business. Additionally, it pulls results across the various government agencies so that you don\u2019t have to trawl through them all. While the results may not be fully relevant once you go deep into the scheme eligibilities, it does a provide a firm starting point for businesses.\u00a0\u00a0<\/p>\n\n\n\n

Additionally, it still preserves the original functionality of SME portal as a central repository of government grants and schemes targeted at SMEs. All things considered, this is a credible attempt at a one-stop shop for SMEs looking to navigate through the myriad government grants and schemes.<\/p>\n\n\n\n

Read Also: <\/em><\/strong>Guide To Government Grants And Resources For Singapore Companies To Expand Their Business To Overseas Markets<\/em><\/strong><\/a><\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"The new GoBusiness Gov Assist has the unenviable task of helping SMEs navigate the maze of government schemes.\n","protected":false},"author":11,"featured_media":4857,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[95],"tags":[254,186,108],"yoast_head":"\nStep-By-Step Guide To Using The New GoBusiness Gov Assist For Finding Grants You're Eligible For | DollarsAndSense Business<\/title>\n<meta name=\"description\" content=\"The new e-advisor to all the government grants your business can apply for.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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