Government Grants for Web Design & Development
CDG (Capability Development Grant) is now known as Enterprise Development Grant (EDG)
The EDG provides more complete help to companies who wish to upgrade, innovate, venture overseas, or are ready to embark on any combination of these strategies. The grant funds up to 70% of qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.
Expand your business horizon by availing of this government grant.
EDG’s comprehensive record and eligibility requirements can be found at Enterprise Singapore’s EDG page
Enhanced iSPRINT Grant
The effective utilization of technology to boost productivity and growth for SMEs in Singapore is the main thrust of the Enhanced iSPRINT Grant. The original iSPRINT grant was already implemented as early as March 2010 and it was only in August 2014 that the IPG (ICT for Productivity and Growth) was incorporated to create the Enhanced iSPRINT Grant which has a much more impactful assistance and coverage. This grant can address various technological needs of your business such as providing funding for specific and even comprehensive solutions.
You can discover more benefits of this grant as well as its eligibility requirements at iDA Singapore’s Enhanced iSPRINT Grant
PIC (Production and Innovation Credit) Grant – ceased
A great scheme provided for Singapore-based businesses is the PIC which offers a 400% tax deduction/allowances and 60% cash payment for investments in any of the Six Qualifying Activities from the year 2013 to 2018. This is a significant support to your business because through this initiative, you can improve your productivity. Your business, if qualified for the grant, can avail of training programs, support in research and development, investment in design projects and many others types of assistance.
We can help you check if your web design and development is eligible for the PIC grant.
All you have to do is to come to us for consultation. To learn more about PIC, you can have a look at this IRAS PIC page
ICV (Innovation and Capability Voucher) – ceased
What makes the ICV a convenient solution for SMEs to develop their business capability is its simple application process. It is suitable for sole-proprietor businesses and the voucher itself is easy to use. The $5,000 value of the voucher can be utilized to enhance and improve your business operations. You can have a comprehensive consultation in various areas of your business such as human resources, financial management, technology and of course, productivity. Projects should be executed after the ICV grant is approved.
This government grant will be the initial step for your business’ growth. You can check out more details about it at SPRING Singapore’s ICV page