Supporting Our Businesses - Overcoming Challenges, Capturing Opportunities - MTI
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Supporting Our Businesses Overcoming Challenges, Capturing Opportunities
Contents
02 Foreword
03 Additional Support
03 Credit
04 Cashflow
05 Costs
06 Deepening Capabilities to Capture
Opportunities and Build Resilience
08 Business Development and Leadership
10 Internationalisation
12 Jobs and Skills
15 Innovation
18 Digitalisation
Additional Resources
21 SME Centres
22 Centres of Innovation
1Foreword Additional Support Credit
Enterprise Financing Scheme – SME
The Government has introduced
The earlier version of this booklet provided an overview of the support measures announced Working Capital Loan (EFS-WCL)
additional measures to support Enhanced
in the Unity, Resilience and Solidarity Budgets. On 26 May 2020, Deputy Prime Minister and businesses and to preserve jobs
Minister for Finance Heng Swee Keat presented the Fortitude Budget in Parliament - the and livelihoods. • The EFS-WCL has been further enhanced
fourth Budget for this financial year. from 1 April 2020 to 31 March 2021.
• The maximum loan quantum has been
increased to $1 million, up from
The pandemic has caused severe economic disruptions, and much uncertainty lies ahead.
$600,000 previously.
As we reopen our economy safely and progressively, businesses and workers must be • The Government’s risk share of loans
prepared to transition to a new normal. Life will not return to what it was before COVID-19, have been increased to 90% for loans
but we will journey together. In total, the Government is dedicating close to $100 billion initiated from 8 April 2020 till 31 March
to support our people in this battle, amounting to about 20% of our GDP. This landmark 2021.
• Businesses may request for deferment
package is a necessary response to an unprecedented crisis.
of principal repayment for one year,
subject to assessment by Participating
For businesses, immediate help is given on credit, cashflow and costs. This includes support Financial Institutions (PFIs).
for wage payments for your workers. As we tackle the immediate challenges, we must also
build resilience in our economy and develop capabilities for when the eventual recovery Enterprise Financing Scheme –
comes. We will support businesses to use this downtime to digitalise, strengthen your Trade Loan (EFS-TL) Enhanced
workforce and transform for the long term. Businesses can find details of these support
measures in this booklet as well. • The EFS-TL (formerly known as Loan
Insurance Scheme Plus) supports
Singapore-based enterprises’ trade
The battle against COVID-19 will be a long and uncertain one. It is a test of our unity, and we financing needs.
must face this battle with a spirit of resilience. The Government will continue to work closely • The EFS-TL will be enhanced for one
with our businesses, workers and industry partners to bolster our economic resilience and year, from 1 April 2020 to 31 March 2021.
seek new opportunities amid the adversity. As we move forward with fortitude, we will • The maximum loan quantum will
be increased to $10 million, up from $5
overcome and emerge stronger together as Singapore United, Singapore Together.
million previously.
• The Government’s risk share of loans
have been increased to 90% for loans
initiated from 8 April 2020 till 31 March
2021.
Financing Support for Promising
Startups New
• To sustain startup innovation and
entrepreneurship activities, $285 million
will be set aside to catalyse and crowd
in matching private investments.
2
3Loan Insurance Scheme (LIS) Cashflow Costs Deferment of Higher CPF
Enhanced Contribution Rates New
Corporate Income Tax (CIT) Cash Grant for SME Tenants in
• The Loan Insurance Scheme helps • The planned increase in CPF
Rebate New Private Non-Residential Properties
SMEs secure short-term trade loans New contribution rates for senior workers
by having commercial insurers co-share • A CIT Rebate of 25% of tax payable, will be deferred for one year, from 1
loan default with PFIs. capped at $15,000 per company, will be January 2021 to 1 January 2022.
• Subsidies for loan insurance premiums • The Government will provide a cash
granted for Year of Assessment 2020. grant to offset the rental costs of
have been increased from 50% to
80%, for one year from 1 April 2020 to eligible SME tenants, of approximately Ensure Pass-on of Property Tax
31 March 2021. Deferment of Income Tax 0.8 months of rent for qualifying Rebate New
Payments New commercial properties, and approximately
0.64 months of rent for industrial/office • Property owners are required to pass
Temporary Bridging Loan • Automatic deferment of income tax properties. The cash grant will be on the full amount of property tax
Programme (TBLP) New payments for companies and self- disbursed through property owners. rebate attributable to a rented property
employed persons. • Taken together with the Property Tax to his tenant, in a timely manner, and
• The TBLP, which was introduced • For companies, income tax payments due Rebate 2020 for non-residential properties, without conditions.
at Budget 2020 to provide additional in April, May, and June 2020 will instead the Government will provide approximately
cash flow support for enterprises in be payable in July, August, and September 2 months of rent for qualifying commercial Property Tax Rebate for 2020 New
the tourism sector, has been enhanced 2020 respectively. properties, and approximately 1 month of
from 1 April 2020 to 31 March 2021. rent for industrial/office properties. • 100% Property Tax Rebate for
• The programme will be expanded to • To ensure that these measures benefit qualifying commercial properties such
eligible enterprises across all sectors Enhanced Jobs Support Scheme the intended beneficiaries, eligible SME
Extended
as hotels, serviced apartments, tourist
from 1 April 2020. tenants in qualifying commercial attractions, shops and restaurants.
• The maximum loan quantum has properties will receive 2 months’ waiver of • 30% Property Tax Rebate for other non-
also been raised from $1 million to The Government will provide support for their base rental, and eligible SME tenants residential properties such as offices
$5 million. the first $4,600 of monthly wages for every in industrial/office properties will receive and industrial properties.
• The Government’s risk share of loans local worker, for 10 months till end-2020. 1 month’s waiver of their base rental.
have been increased to 90% for loans
initiated from 8 April 2020 till 31 March • Wage support levels will be differentiated Foreign Worker Levy Extended
by sector. The list of sectors has been Rental Waivers for Tenants in
2021.
updated at the Fortitude Budget. Government Properties New • For businesses that are unable to resume
Businesses can check their eligibility on operations yet, the Foreign Worker Levy
IRAS’ website. • Stallholders in hawker centres and (FWL) waiver and rebate will be extended
• For firms that cannot resume operations markets will get five months’ rental for up to 2 months.
immediately after the circuit breaker, the waiver in total. • For each work permit or S Pass holder:
Government will continue providing wage • Qualifying commercial tenants will get FWL rebate of $750 (April to June 2020)
support at 75% until August 2020 or when four months’ rental waiver in total. and $375 in July 2020; FWL waiver of 100%
allowed to reopen, whichever is earlier. • Other tenants of non-residential (April to June 2020) and 50% in July 2020.
• Firms have received the first JSS payout properties will get two months’ rental
in April and a special payout for May waiver in total.
No Increase in Government Fees &
wages. Subsequent payouts will be in
Charges New
July and October 2020 (includes August
wages).
• There will be no increases in Government
Fees & Charges from 1 April 2020 to 31
Enhanced Wage Credit Scheme March 2021.
Enhanced
• The Government will co-fund 20% and
15% of qualifying wage increases in 2019
and 2020 respectively for Singaporean
employees earning a gross monthly wage For more information, log on to:
of up to $5,000. https://www.singaporebudget.gov.sg/budget_2020/fortitude-budget
4 • Additional payout to be disbursed in June 5
2020.Deepening Capabilities to Capture Opportunities and Build Resilience
The Government is committed to supporting our businesses through the short-term The Government will continue to provide support for businesses to build capabilities at
challenges while working with them to build up longer-term capabilities to be better every stage, for every size of company and every business goal. Businesses can do their
prepared for the eventual recovery. part by thinking through their business plans and goals.
• Capability Transfer Programme
• Digital Resilience Bonus
Support for businesses at
• Grow Digital
every stage, for every size Revenue: New • Hiring Incentive
MNCs >S$100mil
and for every business goal • Part-Time Re-employment Grant
and LLEs • Global Ready Talent Programme (GRT)
• SGUnited Traineeships / Mid-Career Traineeships programme
• Digital Resilience Bonus
• Enterprise Leadership for Transformation (ELT)
Medium Revenue:
• Executive-in-Residence
Enterprises S$10mil - S$100mil • Grow Digital
• Market Readiness Assistance Schemes
• Global Ready Talent Programme (GRT)
New
• GoBusiness Licensing and e-adviser
• Hiring Incentive
• SkillsFuture Enterprise Credit
Revenue: • SME Centre Enhancement - Partners for Business Growth
Small Enterprises S$1mil - S$10mil • SMEs Go Digital
• SGUnited Traineeships / Mid-Career Traineeships programme
• Digital Resilience Bonus
• E-payment Adoption
• Enhanced Startup SG Equity
Revenue: • GoBusiness Licensing and e-Adviser
Micro EnterprisesBusiness Enterprise Development Grant
(EDG) Enterprise Transform Package
• Offers access to an alumni network
for peer learning and collaboration.
Heartland Enterprise Upgrading
Programme (HEUP) New
Development and • Supports projects in three key categories
• The ELT will be delivered by a network
of partners including Institutes An integrated support package for
Leadership - core capabilities, innovation and
productivity, and internationalisation.
of Higher Learning (IHLs), financial
institutions, and industry experts.
selected Merchants’ Associations to
implement holistic precinct rejuvenation
Build and enhance management • From 1 April 2020 to 31 December plans, through infrastructural
2020, the support level will be raised Executive-in-Residence improvements, place-making activities,
and enterprise capabilities to New
from up to 70% to up to 80%. capability upgrading projects, and
grow the business. • In the same period, for enterprises that training for businesses and workers.
Support for trade associations
are most severely impacted by and business chambers to engage
COVID-19, the maximum support level experienced professionals with SkillsFuture Enterprise Credit
can be further raised to 90% on a case- relevant expertise, and to match New Next Bound of SkillsFuture
by-case basis. them to businesses to assist in
• Unionised enterprises and transformation, capability building, and Please refer to full description on pg 14.
Employment and Employability internationalisation efforts.
Institute (e2i) partners under the
Labour Movement can qualify for SkillsFuture Leadership
an additional 10% funding, subject to GoBusiness e-Adviser for Development Initiative
endorsement from e2i under NTUC. Government Assistance (SkillsFuture LDI)
• The maximum support under EDG is New Enterprise Grow Package
capped at 90%, excluding additional Businesses can leverage on SkillsFuture
out-of-pocket support from the Businesses can get customised LDI to develop and/or enhance their
SkillsFuture Enterprise Credit. guidance on government assistance. in-house leadership development
The e-adviser will recommend the most programmes (for example overseas
relevant government assistance to assignments and cross-functional
Enterprise Financing Scheme (EFS) rotations) to expand their pipeline of
businesses via a guided set of questions
on business needs. Singaporean talent.
• Financing support to meet business
needs at various stages of growth.
The e-adviser will be launched later in SME Centre Enhancement -
• EFS covers six different areas –
2020. Partners for Business Growth
working capital, fixed assets, venture
debt, trade, projects, and mergers & Enhanced Enterprise Grow Package
acquisitions. GoBusiness Licensing
• Stronger support for young businesses. Enhanced Enterprise Grow Package • Pilot initiative for businesses that
demonstrate ability to accelerate
For enhancements to the SME Working Capital growth and are keen to transform
Loan, please see pg 3.
Businesses can look forward to simpler,
faster and better processes when their business in areas such as
transacting with the Government digitalisation, talent development and
Enterprise Leadership for through the GoBusiness Licensing internationalisation.
• SME Centres will partner these
Transformation (ELT) portal. The portal currently provides
new businesses in the food services businesses to jointly develop
New Enterprise Transform Package
sector with a guided, streamlined business plans and support
journey for licensing applications. The implementation efforts.
• Supports business leaders of
promising SMEs in achieving the next portal will be expanded later in 2020
bound of growth, through structured to cover other key transactions by Support for Job Redesign under
modular training in business growth businesses with the Government. Productivity Solutions Grant (PSG)
capabilities and business coaching in Enhanced Next Bound of SkillsFuture
developing a business growth plan.
Please refer to full description on pg 18.
Legend MNCs and LLEs Small and Medium Enterprises Micro Enterprises
PACT Programme
*Key initiatives are designed to address businesses’ needs and businesses of any size can tap on any initiative
8 9
where eligible. Please refer to full description on pg 16.Internationalisation Double Tax Deduction for
Internationalisation (DTDi)
GlobalConnect@SBF New Market Readiness Assistance
(MRA) Enhanced Enterprise Grow Package
Enhanced
Provides market advisory services
Venture overseas and seize and in-market business connections Businesses can look forward to in-
opportunities from regional and Businesses can apply for tax deductions to Singapore businesses looking to depth FTA consultancy and support for
global markets. on eligible expenses incurred to support expand or deepen their presence in key overseas business development. To
businesses’ overseas expansion Southeast Asian and emerging markets. support more local businesses to go
activities. The DTDi will be extended to overseas, the grant will be enhanced:
31 December 2025. Beginning 1 April
2020, the scope of the scheme will also
Global Ready Talent Programme
(GRT) Enhanced • Grant cap will be increased from
be expanded to include: $20,000 per year to $100,000 per
new market over three years.
• Support for third-party consultancy Supports Singapore businesses to train
• 70% support level will be extended by
costs relating to new overseas and deepen in-market knowledge of
three years to 31 March 2023.
business development to identify their Singaporean employees, and
suitable talent and build up business supports students of local IHLs to go on
networks. internships. PACT Programme
• New categories of fees incurred on
overseas business missions. GRT Programme has been enhanced Please refer to full description on pg 16.
to encourage more students to go
abroad for overseas internships and
Enterprise Development Grant attachments, deepening the talent pool
SkillsFuture Enterprise Credit
(EDG) Enterprise Transform Package for businesses.
New Next Bound of SkillsFuture
Please refer to full description on pg 8. Please refer to full description on pg 14.
Grow Digital New Enterprise Grow Package
Growing Markets
Enterprise Singapore Overseas Businesses can get a headstart in going
Centres global. Get support to leverage digital
platforms and channels for access to
Businesses can tap on the support a larger pool of consumers overseas,
of Enterprise Singapore’s in-market and to test new markets. Businesses
presence at over 35 international will also receive training and support to
locations to generate new business enhance their e-commerce capabilities.
leads, find business partners and
acquire new technologies and
capabilities.
Global Innovation Alliance (GIA)
New
Businesses can gain access to overseas
partners for co-innovation and market
expansion.
Legend MNCs and LLEs Small and Medium Enterprises Micro Enterprises
*Key initiatives are designed to address businesses’ needs and businesses of any size can tap on any initiative
10 11
where eligible.Jobs and Skills Capability Transfer Programme Enterprise Portal for Jobs & Skills P-Max
Provides funding support for businesses Businesses can explore information and Helps SMEs to better recruit, manage
Support workers in their skills to bring in foreign specialists to transfer resources on relevant jobs and skills and retain newly-hired PMETs through
training so that they remain new capabilities to local workers, or to initiatives under SkillsFuture Singapore funding support and workshops on
relevant with the changing needs send local workers for training overseas and Workforce Singapore via this one- progressive human resource practices.
to acquire new capabilities. stop portal to support their training and
of the industry.
human capital development needs.
Part-Time Re-employment Grant
Career Support Programme New Senior Worker Support Package
Hiring Incentive
Salary support programme to encourage Enhanced SkillsFuture Mid-Career Support Package Support for businesses that voluntarily
The Fortitude Budget introduced an employers to hire Singaporean PMETs SGUnited Jobs and Skills Package commit to providing part time re-
SGUnited Jobs and Skills Package – a who are unemployed and actively employment to all eligible senior
$2b package to create close to 100,000 looking for jobs for 6 months or more, Expanded support for employers workers who request for it.
opportunities in jobs, traineeships and or workers aged 40 and above who which hire local workers who have
have been made redundant. completed eligible reskilling or training
skills training. Professional Conversion
programmes*.
Programmes, Place-and-Train
Career Trial Programmes for Rank-and-
*Reskilling or training programmes eligible
Allows employers to assess jobseekers’
for the hiring incentive are the PCPs, PnT File Workers, Career Transition
programmes for rank-and-file workers, career
job fit through a short-term trial before Programmes by Continuing
transition programmes by CET centres, SGUnited
offering employment. Traineeships, SGUnited Mid-Career Traineeships Education and Training (CET)
and SGUnited Skills. Centres Enhanced
SkillsFuture Mid-Career Support Package
Enhancements to Course Fee
Subsidy and Absentee Payroll (AP) Lean Enterprise Development SGUnited Jobs and Skills Package
SGUnited Jobs and Skills Package Scheme
Receive course fee funding and/or
In Budget 2020, SkillsFuture Singapore Provides grants and transitional foreign salary support for employers to hire and
enhanced course fee subsidies and manpower support to businesses reskill local jobseekers.
absentee payroll (AP) rates for employers undertaking transformation projects to
in sectors directly affected by the become more manpower-lean. Enhanced wage support levels for
COVID-19 outbreak, when they sponsor mature jobseekers at up to 90% under
their workers for eligible courses. Place-and-Train programmes.
National Centre of Excellence for
Workplace Learning (NACE)
• From 1 April 2020, the enhanced course Senior Worker Early Adopter
Enhanced Next Bound of SkillsFuture
fee subsidies and absentee payroll Grant New Senior Worker Support Package
rates has been extended to the Land
Transport and Arts and Culture sectors. Businesses can tap on this to build their
Supports businesses in raising their
• From 1 May 2020, the enhanced in-house training system and workplace
company-level retirement and re-
absentee payroll rates have been learning capabilities, as well as certify
employment age above the minimum
further extended to cover all sectors. workplace trainers using best-in-class
statutory requirements.
• The duration of the enhanced training training practices through customised
support is also extended, to cover solutions.
eligible courses that start before 1 SGUnited Traineeships / Mid-
January 2021. Open Door Programme Career Traineeships programme
New SGUnited Jobs and Skills Package
Supports employers to hire and retain
persons with disabilities through job Supports businesses in raising their
redesign, training and placement services. company-level retirement and re-
employment age above the minimum
Legend MNCs and LLEs Small and Medium Enterprises Micro Enterprises statutory requirements.
*Key initiatives are designed to address businesses’ needs and businesses of any size can tap on any initiative
12 13
where eligible.Skills Framework SkillsFuture Work-Study
Programmes
Innovation A*STAR Collaborative Commerce
Marketplace (ACCM)
Businesses can use the Skills Framework Enhanced Next Bound of SkillsFuture
to design their human resource strategy Create new products and services An online platform that enables
and talent development plans. Each Businesses can groom and hire fresh or enhance work processes businesses to network, form
framework provides key information on talent through Work-Study Programmes through technology and relationships, and foster collaborations
the sector, career pathways, job roles, among local companies and large
from the Certificate to Post-Graduate collaboration.
existing and emerging skills required, levels. Businesses will jointly design and multinational companies.
and suggested training programmes. deliver with Institutes of Higher Learning
(IHLs) and appointed private providers.
Centres of Innovation (COIs)
SkillsFuture Enterprise Credit
New Next Bound of SkillsFuture
Support for Job Redesign under Support businesses in the development
Productivity Solutions Grant (PSG) and testing of new technology
Additional support for employers products, through provision of facilities,
Enhanced Next Bound of SkillsFuture
investing in workforce and enterprise consultancy, training, and technical
transformation. services in specific sectors.
Please refer to full description on pg 18.
Up to $10,000 credit per firm to cover
up to 90% out-of-pocket expenses Digital Services Lab
TechSkills Accelerator (TeSA)
for workforce and/or enterprise SGUnited Jobs and Skills Package
transformation. Businesses partner with IMDA, tech
providers and research institutions to
Supports both current information co-develop digital solutions to address
SkillsFuture JumpStart! Workshop and communications technology (ICT) sector-wide challenges.
professionals and non-ICT professionals
Businesses can learn about the to upgrade and acquire new skills and
available jobs and skills resources and domain knowledge that are in demand, Enterprise Development Grant
grants through this specially curated and to stay competitive and meet the (EDG) Enterprise Transform Package
workshop. challenges of a fast-moving digital
landscape. Please refer to full description on pg 8.
SkillsFuture Series TeSA’s Company-Led Training Programme
has been enhanced to provide more support Headstart Programme
Businesses can use these short, industry-
for businesses looking to hire and train
relevant programmes to train employees Improves SMEs’ access to intellectual
mature PMETs aged 40 and above.
in emerging and priority areas, namely property (IP) by providing royalty-
data analytics, finance, tech-enabled free and exclusive licences for up to
services, digital media, cybersecurity, 36 months, for IP co-developed with
entrepreneurship, advanced A*STAR.
manufacturing and urban solutions.
Legend MNCs and LLEs Small and Medium Enterprises Micro Enterprises
*Key initiatives are designed to address businesses’ needs and businesses of any size can tap on any initiative
14 15
where eligible.Innovation Advisors Programme Intellectual Property Startup SG Tech Access
Intermediary (IPI)
Businesses can be guided by innovation Access a wide range of support for Businesses can access a comprehensive
mentors who will advise them in the Online marketplace and consultancy startups and entrepreneurs, including: suite of A*STAR’s advanced
development of innovation strategies, for businesses to connect with manufacturing equipment and biotech/
new products and solutions to address providers of suitable technology IP for Startup SG Founder biomedical scientific services, under the
market needs, and connect businesses business needs. Provides mentorship and startup capital guidance of technical experts.
to technology and business partners. grant to first-time entrepreneurs with
innovative business ideas.
*Formerly known as Innovation Agents Programme Open Innovation Platform (OIP) Technology for Enterprise
Startup SG Tech Capability Upgrading (T-Up)
Businesses can get matched to Provides funding for startups to carry Programme
Intellectual Property (IP) problem-owners or solution providers out Proof-of-Concept and Proof-of-
Schemes to collaborate and address business Value trials for innovative technologies. Businesses can get access to talent
needs through digital solutions. from A*STAR’s Research Institutes and
Businesses can access subsidised Startup SG Equity Enhanced build in-house R&D capabilities.
programmes including IP audit, IP To catalyse private sector investments
strategy advisory, IP analytics and Operation and Technology
into local-based deep-tech startups with
business/ legal clinics to accelerate Roadmap (OTR) strong IP and global potential.
translation of technologies, brands and
IP to the market. Development of technology roadmaps Startup SG Infrastructure
to map out priorities that are aligned Provides physical spaces (e.g. LaunchPad
to businesses’ strategies and @one-north) for startups to grow,
developmental plans. Consortium OTR experiment and flourish.
(COTR) is also available to cater to the
needs of a group of companies. Startup SG Talent
Supports startups’ talent needs.
PACT Programme
Collaborate with other businesses to
build capabilities, innovate and pursue
new business opportunities in local and
overseas markets. Funds up to 70% of
qualifying activities.
Singapore Institute of Food and
Biotechnology Innovation (SIFBI)
The new institute will strengthen
Singapore’s R&D capabilities and
support our food and biotechnology
innovation ecosystem.
The institute will officially open in April 2020.
Legend MNCs and LLEs Small and Medium Enterprises Micro Enterprises
*Key initiatives are designed to address businesses’ needs and businesses of any size can tap on any initiative
16 17
where eligible.Digitalisation Automation Support Package
(ASP)
Digital Resilience Bonus New
As part of the call for businesses to “Stay
The Digital Resilience Bonus provides Healthy, Go Digital”, IMDA has curated a
Build stronger digital capabilities Until 31 March 2021, businesses can tap additional support to enterprises seeking set of resources for businesses to Go Digital
to seize growth opportunities in on grant, tax and loan support to defray to uplift their digital capabilities to adapt so that business can continue despite
the digital economy. the cost of deployment of large-scale to safe management practices while challenges brought about by COVID-19.
automation solutions. deepening transformation.
• A payout of up to $5,000 will be
E-invoicing Registration Grant given to help F&B and retail enterprises
New digitalise with PayNow Corporate and
e-invoicing, as well as business process
• Businesses registered on the or e-commerce solutions.
nationwide e-invoicing network on or • Enterprises that adopt advanced digital
before 31 December 2020 will receive solutions will receive an additional
a one-time grant of $200. Businesses $5,000.
can register through more than 50 Peppol-
ready accounting and ERP solutions.
• Businesses incorporated on or before Productivity Solutions Grant
25 March 2020 and registered on the (PSG) Enhanced Enterprise Grow Package
network on or before 31 December 2020
will automatically receive their grant via From 1 April 2020 to 31 December 2020,
PayNow Corporate. There is no need to the maximum support level will be raised
apply for the grant. from 70% to 80%.
From 1 April 2020 to 31 December
E-payment Adoption New
2020, the scope of pre-approved digital
solutions under PSG will be expanded
• To encourage adoption of e-payments to help SMEs implement safe distancing
by F&B stallholders in hawker centres, and business continuity measures.
coffees shops and industrial canteens These include tools for online workplace
to adopt e-payment solution, a bonus collaboration, virtual meetings, queue
of $300 will be given per month, over a management and temperature
period of five months. screening.
Businesses can also access a wider range
of pre-scoped solutions, including IT
solutions and equipment, as well as
consultancy services. Within consultancy,
job redesign will be supported for a
start. Businesses will be able to achieve
productivity gains, and offer more enriching
jobs with better wages for workers.
SkillsFuture for Digital Workplace
Helps businesses build digital confidence
in staff and equip them with the basic
digital skills required for the workplace
over a two-day course.
Legend MNCs and LLEs Small and Medium Enterprises Micro Enterprises
*Key initiatives are designed to address businesses’ needs and businesses of any size can tap on any initiative
18 19
where eligible.SMEs Go Digital Programme SMEs Go Digital expands to more
sectors Enterprise Grow Package SME Centres
Businesses can tap on support available Businesses can use Industry Digital
under SMEs Go Digital, a whole-of- Plans (IDPs) as a step-by-step guide Businesses that wish to enhance their capabilities or embark on transformation
government programme that helps on sector-specific digital solutions to plans may approach the SME Centres below for assistance.
businesses develop digital capabilities. adopt at each stage of business growth.
IDPs for more sectors are progressively
Advanced Digital Solutions New being developed. SME Centre@SCCCI SME Centre@NorthEast
Businesses can access up to 80% Trade Association Hub Our Tampines Hub
funding support to adopt advanced Businesses can adopt a wide range of 9, Jurong Town Hall Road 51 Tampines Ave 4
digital solutions from 1 May 2020 to 31 #03-18, Singapore 609431 #04-31, Singapore 529684
pre-approved SME-friendly generic or Tel: +65 6337 8381 Tel: +65 6513 0388
December 2020. These solutions will sector-specific digital solutions, which Email: enquiry@smecentre-sccci.sg Fax: +65 6513 0399
help businesses deepen their digital include AI, cybersecurity and cloud Email: enquiries@smecentre-asme.sg
capabilities to strengthen business solutions, with funding support from SME Centre@SMCCI
continuity measures and build resilience. the Productivity Solutions Grant (PSG). 15, Jalan Pinang SME Centre@NorthWest
Singapore 199147 Woodlands Civic Centre
Start Digital Enterprise Grow Package
Grow Digital New
Tel: +65 6293 3822 900, South Woodlands Drive
Fax: +65 6293 3905 #06-01, Singapore 730900
Businesses can take up a Start Digital Businesses can get a headstart in going Email: gadvisory@smecentre-smcci.sg Tel: +65 6826 3020
Pack that provides simple Accounting, global. Get support to leverage digital Fax: +65 6826 3021
HR Management System & Payroll, platforms and channels for access to SME Centre@SICCI Email: northwest@smecentre-smf.sg
Digital Marketing, Digital Transactions a larger pool of consumers overseas, SICCI Building
and Cybersecurity solutions. Businesses 31, Stanley Street SME Centre@SouthEast
and to test new markets. Businesses Singapore 068740 1, Engku Aman Turn
can get a waiver of six months will also receive training and support to Tel: +65 6508 0147 #03-02, Wisma Geylang Serai
subscription fee for any two solutions enhance their e-commerce capabilities. Fax: +65 6223 1707 Singapore 408528
with a minimum 18-months contract Email: sme@smecentre-sicci.sg Tel: +65 6513 0388
agreement. Fax: +65 6513 0399
SME Centre@ASME Email: enquiries@smecentre-asme.sg
167, Jalan Bukit Merah
#03-13, Tower 4, Singapore 150167 SME Centre@SouthWest
Tel: +65 6513 0388 The JTC Summit
Fax: +65 6513 0399 8, Jurong Town Hall Road
Email: enquiries@smecentre-asme.sg #26-06, Singapore 609434
Tel: +65 6316 1616
SME Centre@SMF Fax: +65 6316 7250
SMF House Email: southwest@smecentre-smf.sg
2985, Jalan Bukit Merah
Singapore 159457
Tel: +65 6826 3020
Fax: +65 6826 3021
Email: query@smecentre-smf.sg
SME Centre@Central
HDB Hub BizThree
490, Lorong 6 Toa Payoh
#07-11, Singapore 310490
Tel: +65 6715 7580
Email: central@smecentre-sccci.sg
SME Centre@Little India
Little India Arcade
48 Serangoon Road
#01-22, Singapore 217959
Tel: +65 6508 0149
Email: littleindia@smecentre-sicci.sg
Legend MNCs and LLEs Small and Medium Enterprises Micro Enterprises
*Key initiatives are designed to address businesses’ needs and businesses of any size can tap on any initiative
20 21
where eligible.Centres of Innovation Notes
Centres of Innovation (COIs) were set up in Institutes of Higher Learning (IHLs)
and public research institutes (RIs) to enhance SMEs’ technology innovation.
They provide facilities, consultancy, training, and technical services for SMEs to
develop and test technology projects in specific sectors.
Aquaculture Innovation Centre Food Innovation Resource Centre
Temasek Polytechnic Singapore Polytechnic
Dr Lee Chee Wee Mr Zen Tan
Tel: +65 6780 6400 Tel: +65 6870 4619
Email: leecw@tp.edu.sg Email: zen_tan@sp.edu.sg
Dr Diana Chan Pek Sian Marine and Offshore Technology Centre of
Tel: +65 6780 5383 Innovation
Email: peksian@tp.edu.sg Ngee Ann Polytechnic
Mr Ang Yee Kiang
Ms Susila Krishnasamy Tel: +65 6460 8594
Tel: +65 6780 4002 Email: angyeekiang@np.edu.sg
Email: krishnas@tp.edu.sg
Materials Centre of Innovation
Centre of Innovation for Complementary Institute of Materials Research and Engineering,
Health Products A*STAR
Temasek Polytechnic Dr Leong Yew Wei
Mr Martin Cai Tel: +65 6874 3326
Tel: +65 6780 1856 Email: leongyw@imre.a-star.edu.sg
Email: coi-chp@tp.edu.sg
Precision Engineering Centre of Innovation
Centre of Innovation for Electronics and IoT Singapore Institute of Manufacturing Technology,
Nanyang Polytechnic A*STAR
Mr John Fung Mr Peter Shi
Tel: +65 6550 0978 Tel: +65 6590 3152
Email: john_fung@nyp.edu.sg Email: zfshi@simtech.a-star.edu.sg
Centre of Innovation for Supply Chain
Management
Republic Polytechnic
Mr Edmund Chan
Tel: +65 9232 0228
Email: coi-scm@rp.edu.sg
EcoLabs Centre of Innovation for Energy
Nanyang Technological University, Singapore and
Sustainable Energy Association of Singapore
Mr Mahesh Kumar
Tel: +65 6904 1120
Email: mahesh.kumar@ntu.edu.sg
Environmental and Water Technology Centre
of Innovation
Ngee Ann Polytechnic
Ms Ida Kwan
Tel: +65 6460 8168
Email: ida_kwan@np.edu.sg
22 23Notes 24
For more information, please contact MTI at mti_email@mti.gov.sg /
Enterprise Infoline at enquiry@enterprisesg.gov.sg
or refer to www.smeportal.sg.
Information accurate as of 4 June 2020You can also read
