What are some government grants available for fitness studios and gyms in Singapore?
Singapore has consistently come out on top as one of the top locations in the world for start-ups to begin their journey. One of the reasons is the strong and consistent support shown by the Singapore government to these start-ups through the extensive grant packages to help businesses grow. Even in times of the pandemic, the government has been generous in extending their support to start-ups and businesses in Singapore. Fitness studios and gyms in Singapore are not left out by the government and the government has continually pushed out grant packages and funding for fitness studios and gyms to support them throughout the pandemic. Just a few months ago in May, SportsSG set aside another $18 million under the Sports Resilience Package (SRP) for eligible businesses and self-employed people affected by the latest Covid-19 guidelines under Phase 2 Heightened Alert (HA). With the recent further tightening of measures from September 27th to October 24th, the Singapore government als...