Grant Information

For small and medium-sized enterprises (SMEs) planning to embark on digital journey to improve their business operation, there are various grants available to be tap on.

SMEs Go Digital link

Firstly, you should have heard of the latest scheme for SMEs called SMEs Go Digital which is the joint initiave between IMDA and Enterprise Singapore for SMEs to adopt affordable and easy-to-use digital solutions. This programme is intended to help SMEs build stronger digital capabilities to seize the opportunities for growth in the digital economy.

Enterprise Development Grant (EDG) link

Secondly, government grants such as the Enterprise Development Grant (EDG), which are sometimes seen as being more suitable for established SMEs – rather than younger business at the nascent stages of their businesses.

As announced in Supplementary Resilience Budget 2020, these schemes will be enhanced until Dec2020 in which the maximum support for EDG being raised to 80% up to 90% respectively to spur business transformation.

As Singapore prepares for recovery upturn, business should continue to make full use of this downtime to digitize and transform – there has not been a better time to transform than now.

Microsoft Dynamics 365 Business Central link

Having said that, with SMEs Go Digital’s clear positioning SMEs can also easily get the same head start to embark on their digital adoption. In fact, some packages offer the same branded solutions like Microsoft Dynamics 365 Business Central which is used by larger SMEs at just fraction of the usual price.

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