ESG grant to help local farms work on high-yielding solutions
Over $55 million has been set aside by Enterprise Singapore (ESG) to help local agriculture and aquaculture companies grow.
The grant will be used to boost their innovation capabilities, so they can work towards resource-efficient and high-yielding farming solutions.
Senior Minister of State for Trade and Industry Koh Poh Koon told reporters yesterday that the $55 million grant complements Singapore's "30 by 30" goal - to cover 30 per cent of its nutritional needs by 2030 through local production.