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Leveraging on Singapore Government Grants

As part of the Singapore Budget announced in early 2017, the government’s SMEs Go Digital programme allocates SGD80 million in grants to help small to medium-sized businesses in their digital transformation. Check out the following solution-based and consultancy-based grants that you can tap on :

Get up to 70 % funding with Productivity Solutions Grant

Overview

In Budget 2017, SMEs Go Digital Programme was announced to help small and medium-sized enterprises (SMEs) leverage on digital technology in their business operations and strengthen digital capabilities for growth. PSG supports companies keen on adopting IT solutions and equipment to enhance business processes ; providing up to 70 % funding support.

Sage 300 is among the list of supportable solutions under the scheme.

Who is eligible?

SMEs can apply for PSG if they meet the following criteria:

  • Registered and operating in Singapore
  • Purchase/lease/subscription of the IT solutions or equipment must be used in Singapore
  • ≥30% ordinary shares (ultimate individual ownership) held directly/indirectly by Singaporean/PR

How to apply?

  1. Check out the list of supportable solutions under PSG and identify the relevant solutions that best cater to your business needs.

  2. For IT solution, get a quotation from the pre-approved vendor. For equipment, source for the equipment and get a quotation from the vendor.

  3. Submit an application via your CorpPass account on Business Grants Portal.

Contact us to find out how you can leverage on this scheme.

Email : [email protected]

Enhancing business capabilities with Capability Development Grant

Overview

Capability Development Grant (CDG) is a financial assistance scheme aimed at encouraging SMEs to enhance their business capabilities for sustainable growth. This grant defrays up to 70% of qualifying project costs such as consultancy, training, certification and equipment expenses.

Supportable development areas include:

  • Branding and Marketing
  • Business Excellence
  • Business Model Transformation
  • Standards Adoption
  • Financial Management
  • Human Capital Development
  • Intellectual Property
  • Enhance Business Processes for Productivity
  • Service Excellence
  • Product Development

Enterprise Singapore will assess the application based on your needs, project scope and competency of the service provider in strengthening your business capabilities.

Who is eligible ?

SMEs can apply for CDG if they meet the following criteria :

  • Registered and operating in Singapore
  • Have a minimum of 30 % local shareholding
  • Group annual sales turnover of S$100 million or less, or group employment of up to 200 employees
How to apply ?
  1. Identify your company's business and growth needs and business capabilities which requires upgrading.

  2. Discuss your project with an Enterprise Singapore or SME Centre business advisor.

  3. Identify a solution provider and/or a certified consultant.

  4. Prepare your CDG application.

  5. Submit your CDG application online via your CorpPass account at Business Grants Portal.

Tapping on CDG for Funding Support

We have Sage 300, Sage EasyPay and Sage Business Cloud Enterprise Management customers who have benefited from PSG. Get in touch with us to find out how you can tap on this scheme and get funding support.

Email : [email protected]

Enhanced Work-Life Grant for flexible work arrangements

Overview

The Work-Life Grant aims to incentivise companies to sustain the use of flexible work arrangements (FWAs) such as flexi-load, flexi-place and flexi-time to create work-life harmony.

The grant comprises of 2 components:

  • FWA Incentive
    Incentivise companies to sustain implementation of FWAs for their local employees. 
  • Job Sharing Incentive
    Incentivise employers to implement job sharing for employees at PMET-level with gross monthly salary of at least $3,600, before job sharing arrangement. 

How to apply ?

Submit your application directly to official programme partners - SNEF and e2i(NTUC) for WorkPro, which Work-Life Grant falls under. Interested companies can apply for the enhanced Work-Life Grant through these WorkPro Programme Partners from 1st Jul 2018 onwards.

Contact us to find out how you can leverage on this scheme.

Email : [email protected]

Job Redesign Grant

Overview

Job Redesign Grant (under WorkPro) provides up to $300,000 funding support to help companies create physically easier, safer and smarter jobs for older workers aged 50 years and above.

Who is eligible?

All local companies legally registered/incorporated in Singapore.

How to apply?

Find out more information from WorkPro Programme Partners - e2i(NTUC) and SNEF.

Contact us to find out how you can leverage on this grant.

Email: [email protected]

Leveraging on Age Management Grant

Overview

Age Management Grant is one of the funding support under WorkPro which aims to raise awareness of good age management practices, build an age-friendly workplace and assimilate their older workers within their organization.

Age Management comprises of 7 key aspects:

  • Fair employment
  • Re-employment
  • Job redesign
  • Flexible work arrangements
  • Performance management
  • Well-being programmes
  • Multi-generational workforce

How to apply?

Companies can approach WorkPro Programme Partners - NTUC's e2i and SNEF.

Contact us to find out how you can leverage on this scheme.

Email: [email protected]