The Economic Development Board (EDB)administers different types of incentives for the promotion of new investments and for encouraging existing companies to upgrade their operations and services. Some examples of incentives are tax concessions for pioneer activities and companies with headquarters activities in the country, grants from different funds to small and medium-sized enterprises and for upgrading the skills of the workforce, and Venture Capital financing for companies which are growing rapidly.To read more about the Assistance Programmes for Companies, see the EDB website.(Last updated 21 August 2008)