Companies interested in investing in packaged solutions such as point of sales systems, CFM software, accounting software, et cetera.

The grant will cover up to 70% of the costs, capped at $20,000.

SMEs that prefer to utilize specific sector solutions only need to pay 30% of the expenses upfront to vendors, with the IDA reimbursing the remaining costs directly to the vendors.

• Group annual sales turnover to be less than or equal to S$100 million or group employment of maximum 200employees
• Be registered and operating in Singapore
• Have at least 30% local shareholding
• Solutions must be selected from a list of vendors from IDA’s pre-qualified list