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GOVERNMENT DEVELOPMENT ASSISTANCE PROGRAMMES
TIMES BUSINESS DIRECTORY OF SINGAPORE 2020/2021
Programmes Description Reference
Eligibility Criteria
All Singapore-registered businesses with at least 30% of the shares owned by Singapore Citizens or Singapore Permanent Residents.
Funding Support
Eligible SMEs are entitled to receive 70% funding to offset the cost up to $25,000.
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Productivity Innovation Project (PIP) Scheme
The Productivity Innovation Project (PIP) scheme aims to defray the cost of technology adoption involving application of technology to improve productivity and re-engineering of work processes. This is to encourage the construction related companies to embark on development projects that build up their capabilities and improve their processes for achieving higher site productivity.
Eligibility Criteria
Construction related companies that are registered and physically present in Singapore are eligible to apply for support.
The level of support for each area is as follows.
Area
Funding Support
Technologies and Innovations
30-40% productivity improvements at trade level
Co-funds up to 70% of the qualifying cost, capped at $1 mil per application
> 40% productivity improvements at trade level
Co-funds up to 70% of the qualifying cost, capped at $10 mil per application
DfMA Manufacturing Facilities
Integrated Construction and Prefabrication Hubs (ICPH) Co-funds up to 70% of the qualifying cost, capped at $10 mil per application
Other manufacturing facilities
Co-funds up to 70% of the qualifying cost, capped at $3 mil per application.
Integrated Digital Delivery (IDD)
Integrated Digital Delivery (IDD) 3 stage digitalisation Co-funds up to 70% of the qualifying cost, capped at $600,000 per application.
Integrated Digital Delivery (IDD) 4 stage digitalisation Co-funds up to 70% of the qualifying cost, capped at $700,000 per application.
Local customisation of IDD platforms and solutions
Co-funds up to 70% of the qualifying cost, capped at $500,000 per application.
BCA
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SMEs Go Digital
The SMEs Go Digital programme aims to help SMEs use digital technologies and build stronger digital capabilities to seize growth opportunities in the digital economy. Building on the foundation of Enhanced iSPRINT, SMEs Go Digital has a more structured and inclusive approach towards the adoption of digital technologies by SMEs.
IMDA
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