Singapore Government Grants for SMEs

IF cost is holding you back from doing something as important as accounting, it shouldn’t be. Your business success hinges on you doing it efficiently and correctly. Even the government thinks this way, which is why they are providing subsidies for you to use our IRAS approved software. For each of the grants, we have had examples of successful claims.

CAPABILITY DEVELOPMENT GRANT (CDG)

Up to June 2019, you can utilize CDG to defray 70% of costs of projects in different areas, one being financial management. Even professional consultation, training and software implementation costs will be encompassed. The subsidies can go up to $30, 000 and involve relatively uncomplicated application. For more information, click here.

Productivity Solutions Grant (PSG)

The Productivity Solutions Grant (PSG) is an initiative to assist businesses in their transformation journey. Aligned to the Industry Transformation Maps (ITMs), PSG provides support for the adoption of IT solutions and equipment that have been selected by the respective industries’ lead agencies. The PSG is coordinated by MTI’s Grants Management Office (GMO) and administered by relevant agencies.

To better support businesses in the next phase of transformation, which may require more substantial investments and longer term commitments, PSG have the following features:

a. Funding of up to 70% of cost;
b. Increase in grant caps;
c. Pre-scoping of IT solutions and equipment with prequalified vendors (for IT solutions); and
d. Simplified grant processes.

For more information, click here.

With a host of various government grants aimed at helping you implement our software solution, you are able to enjoy huge amount of savings. 1,000,000 enterprise clients are already using Kingdee worldwide, request for your free trial today.

Understand how can our products benefit your business by utilizing government grants?
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