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Boosting productivity for Singapore SMEs - Find out how we can help you save time and money.
Defray up to 85% of your project costs to enhance your productivity. |
The SMB Grant Hub's goal is to assist businesses and companies subsidize their costs when using IT software hardware, IT security, online services by:
- Cost Optimization - Increase SME profitability through cost saving optiimization
- Process Optimization - Increase productivity using business process optimization
- Digital Transformation - Increase business value with IT and digital solutions
According to a recently released government report, Small businesses (those with less than 20 employees) make up almost 99% of all enterprises. They also contribute to nearly 50% of Singapore’s GDP, having employed more than two-thirds (about 65%) of the country’s workforce.
Key Factor to Consider Before Applying for a Government Grant in Singapore
Your biggest concern when applying for a grant in Singapore should be how you’ll get it approved. This demands that you look into the following key factors:
Due Diligence: Do your research and identify all the grants that your business is eligible for. Don’t just get lost on one particular grant. Scour around for alternative grants and weigh your options.
Support documents: You’ll be asked to submit all these documents on top of your application. It’s upon you to ensure you have all the supporting documents and information on the ready should you be asked to provide them.
Early Submission: Submitting your application right on time (better yet, as early as possible), means you’ll have enough time and opportunity to correct any oversight in case something goes amiss.
Seek Help: Many enterprises are subject to red tape and bureaucracy. They have a long list of legalities and criteria to deal with. It helps to hire a professional to guide you all through the process.
Leverage Buy-in: Private investors and other stakeholders will be more willing to go in business with you if you’re eligible for a government grant. You want to take advantage of grants because they’re a good way to legitimise and validate your business.
Key Factor to Consider Before Applying for a Government Grant in Singapore
Your biggest concern when applying for a grant in Singapore should be how you’ll get it approved. This demands that you look into the following key factors:
Due Diligence: Do your research and identify all the grants that your business is eligible for. Don’t just get lost on one particular grant. Scour around for alternative grants and weigh your options.
Support documents: You’ll be asked to submit all these documents on top of your application. It’s upon you to ensure you have all the supporting documents and information on the ready should you be asked to provide them.
Early Submission: Submitting your application right on time (better yet, as early as possible), means you’ll have enough time and opportunity to correct any oversight in case something goes amiss.
Seek Help: Many enterprises are subject to red tape and bureaucracy. They have a long list of legalities and criteria to deal with. It helps to hire a professional to guide you all through the process.
Leverage Buy-in: Private investors and other stakeholders will be more willing to go in business with you if you’re eligible for a government grant. You want to take advantage of grants because they’re a good way to legitimise and validate your business.
Unable to get/apply Government Grant?
We are here to help Singapore SME
Applicants could get up to 85% subsidy from the SMB Grant Hub.
- You must have some form of presence or operations in that country of application. Eg. If applying in Singapore, must have presence or operations in Singapore.
- Subsidies to be used in the same country.
- Subsidies are recurring every year and there is no expiry.
- Once approved, no need to re-apply every year.
- No need to pay full cost then claim subsidy later. Subsidies are given upfront.
Areas you can apply subsidies for are:
- Setup and Operating of Private Datacenter for File Storage
- Setup and Operating of Private Datacenter for File Backups
- Setup and Operating of Private Datacenter for Disaster Recovery
- Setup and Operating of Private Datacenter for BCP
- Setup and Operating of Private Datacenter for Video Conferencing
- Enterprise Exchange Email
- Advanced Enterprise Exchange Email Security
- Enterprise File Security
- Encrypted Remote Connections
- Encrypted Video Conferencing
- Data Backup
- Disaster Recovery Solution (eg. Ransonware attacks, harddisk failure)
- File Synchronizing and Sharing Solutions (eg. Dropbox, Box.com, Enterprise FileSync, Citrix Sharefile, Tresorit etc)
- End-point Security Software (Antivirus, Firewall etc)
- MS Office 365
- VPS and Cloud VPS Servers
- Multi-Load Balanced Private Servers
- IT Maintenance
- IT RMM
- Website Creation
- Website Maintenance & Updating
- Other customized IT Infrastructure Projects not listed above