Believe it or not, there are a lot of countries whose government actually highly supports SMEs (small and medium enterprise).
One of the most supportive in providing sme funding and research grant is the progressive nation of Singapore. “Singapore is known to provide one of the best environments in the world for businesses, and there are not just grants to help start-ups, but Small and Medium Enterprise (SME) as well. Whichever type of business you are operating, you can be sure to find a grant suited to you. These grants work to help develop different aspects of your company’s growth, ranging from technology implementation to improve efficiency, human capital development and even implementing strategic business innovations,” as written in the article 6 Most Useful Government Grants for SMEs posted in the website newunion.sg.
“You have to prove you’re worthy,” remarked Mike Mead of Singapore who just received his research grant early this year where is working on modernization of solar energy for South East Asia. “ Imagine how many other good proposals were turned down just to accommodate yours. That’s why in my part, I make sure that my research project will benefit every citizen of the SE region. I want to provide a research that will show how we must start allowing solar energy source investments to totally eradicate the usage of the current power producers we have now so we won’t have to pay skyrocketing electric bill month after month. My vision for the project will surely be benefiting people of the future in a sense that our salary won’t need to be cut paying for electric bill, which means bigger savings for the average families.”
What is hard though for research grant seekers is in fact drafting that proposal, “Grappling with grant applications at your desk is as central to scientific success as is wrestling with experimental conundrums at the bench. In the fight for research dollars, grant writing can make or break a research career no matter how good or innovative a scientist’s ideas are. From inexperienced graduate students and struggling postdocs to exultant new faculty members and worldly-wise senior investigators, competing for grants occurs at all stages of academic research careers. But many candidates falter, making needless mistakes that tarnish potentially award-winning applications: Research plans are overambitious, incoherent, or too diffuse, for example. Learn to address these problems, and your grant applications stand a good chance of receiving a favourable review,” wrote Vid Mohan-Ram for sciencemag.org titled Murder Most Foul: How Not to Kill a Grant Application.
But that’s just a little hurdle for the big reward you are to receive later. “While I did have to go through a lot of paper works to prove that my SME business is legit, it was all worth it in the end when the government provided the money for patenting a new innovation. I was granted the Productivity and Innovation (IPC), and I couldn’t be more glad and grateful,” exclaimed Thomas Han an entrepreneur and innovator from Singapore.
“Demonstrate that you are reliable when using your research funding. You have to show that you can put your research funding to good use. This entails following through on the requirements of the granting institution, such as submitting a post-research summary or attending required sessions of a seminar or conference. Reputation matters in fulfilling your obligations as the recipient of funding. If you have a reputation for being unreliable, fewer organizations will be willing to invest any further in you,” wrote Phillip Magness in the article titled Tips and Pitfalls for Securing Research Funding for heihs.org.