Business Adaptation Grant

Under the Business Adaptation Grant (BizAdapt) initiative, EY teams help companies impacted by tariffs to adapt operations and strengthen supply chain resilience. The government funds up to 50% of the consulting fees for SMEs and up to 30% for non-SMEs (up to 70% and 50% respectively from 1 April 2026 to 6 October 2027), capped at S$100,000 for each enterprise.*

The team

Photographic portrait of Luis Coronado
Luis Coronado
EY Global Tax Controversy Leader
Photographic portrait of Johanes Candra
Johanes Candra
Partner, Business Incentives Advisory, Ernst & Young Solutions LLP
Photographic portrait of Tracy Tham
Tracy Tham
Partner, Business Incentives Advisory, Ernst & Young Solutions LLP
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Supported activities*

  • Free trade agreements and trade compliance (supported by EY tax services)
  • Legal and contractual matters 
  • Supply chain optimization and market diversification (supported by EY-Parthenon strategy services)
  • Reconfiguration of logistics and inventory (Refer here for details)

Criteria for application*

  • Business entity is registered and operating in Singapore 
  • At least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
  • For activity 1: export to and/or have operations in overseas markets
  • For activities 2 and 3: export to and/or have operations in overseas markets, and was impacted by tariffs
  • For activity 4:
    • Export to and/or have operations in overseas markets and was impacted by tariffs; and
    • Own at least 51% of local or overseas manufacturing operations requiring reconfiguration support

*Note: Information accurate as of 23 February 2026

How can EY teams help?

EY Corporate Advisors Pte. Ltd. is an official BizAdapt pre-approved vendor of Enterprise Singapore supporting businesses in their response to tariffs. In the initial consultation with interested companies, EY teams assess their eligibility for BizAdapt and whether it is suitable for them. This is followed by the proposal of a suitable project scope to support their needs.

Once the project starts, EY teams will provide the agreed-upon services within the commitment period with quarterly update reports.

The team

Luis Coronado

EY Global Tax Controversy Leader
Vast cross-border experience. Well-versed in international tax. Thought leader in tax policy and controversy.
Singapore, Singapore

Johanes Candra

Partner, Business Incentives Advisory, Ernst & Young Solutions LLP
Enjoys learning. Passionate about playing a key role in building and transforming businesses, government policies and teams. Proud father of two.
Singapore, Singapore

Tracy Tham

Partner, Business Incentives Advisory, Ernst & Young Solutions LLP
Driven to empower individuals and businesses. Avid reader and caffeine aficionado. Passionate about preserving the Singaporean spirit and culture.
Singapore, Singapore

Bingxun Seng

EY-Parthenon Partner, Economic Advisory, Ernst & Young Solutions LLP
Experienced economist and strategy consultant. Deeply passionate about sustainable economic development across Southeast Asia.
Singapore, Singapore

Gary Ong

EY-Parthenon Associate Partner, Strategy and Execution, EY Corporate Advisors Pte. Ltd.
Extensive strategy consulting experience for government and public sector organizations and portfolio companies in the Southeast Asian market. Loves entertaining people with a cellar of fine wines.
Singapore, Singapore

Samir Bedi

EY Asean People Consulting Leader; Singapore Government & Public Sector Leader, Ernst & Young Advisory Pte. Ltd.
Lifelong learner. Passionate about talent and human resources consulting. Believer of human-centered growth. Sports enthusiast.
Singapore, Singapore

Accelerate growth with government incentives

EY teams help your enterprise navigate the incentive landscape to accelerate growth and enhance competitiveness.

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How EY can Help

Get in touch on navigating the incentive landscape

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