The iSPRINT scheme addresses the different areas of infocomm adoption for the SMEs, making it easy and convenient for these enterprises to seek assistance to help them along their infocomm adoption journey for 1st time adopters.
It supports the packaged solutions pre-qualified by IDA and customised solutions, as long as the project involves the use of infocomm technology to improve the company's business operations, resulting in efficiency/ productivity, increased revenue or value-add for the business.
If you already have plans to implement infocomm solutions to improve your business operations, you can contact IDA to seek advice on the assistance that is suitable for your infocomm project or alternatively, you can complete and email the following documents to IDA at (ida_ino@ida.gov.sg) for a preliminary consultation:
- Request Form
- Business Proposal
- Latest ACRA business profile of your company
- Audited financial statements of your company for the last 2 years
What does the subsidy cover?
| Types of Project |
Support Level |
Qualifying Costs |
Packaged solutions1, pre-qualified by IDA, for basic business functions:
- Finance/ Accounting2
- Human Resources/ Payroll
|
Up to 50% of qualifying costs, capped at S$1,500 per packaged solution
For Software-as-a-Service type of solutions, support will be 50% of up to 12 months subscription for maximum of 2 user licences or S$1,500, whichever is lower |
- Software/ subscription cost
- Consultancy services
- Training cost
|
| [NEW] Software-as-a-Service type of packaged solutions3, pre-qualified by IDA |
Up to 50% support for 12 months subscription for maximum 2 user licences or S$10,000, whichever is lower |
- Subscription cost
- Consultancy services
- Training cost
|
Customised solutions
(eg. customer relationship management, enterprise resource planning)
|
Up to 50% of qualifying costs, capped at S$10,000 per SME |
|
Advanced Customised solutions that requires extensive development efforts and business
re-engineering
(eg. supply chain management)
|
Up to 50% of qualifying costs
(Grant amount is determined on a case-by-case basis) |
- Manpower-related costs
- Consultancy services
- Hardware/ software costs (amortised)
|
1 Only available in Aug 2010 - IDA will be calling for proposal for packaged solutions for Finance/Accounting and Human Resources/ Payroll. The shortlisted packaged solutions will be made available in Aug 2010.
2 Accounting software must comply with IRAS' e-Tax Guide and is listed in the IRAS Accounting Software Register.
3 Only available in Oct/Nov 2010 - IDA will be calling for proposal for solutions for Software-as-a-Service. The shortlisted solutions will be made available in Oct/Nov 2010.
How Do I Qualify?
Your business must meet the following criteria to qualify for the assistance:
- All small and medium enterprises (SMEs) that are registered or incorporated in Singapore
- Your business qualifies as a SME if:
- At least 30% of your shareholding is local
- your group fixed assets are less than S$15 million*
- you have less than 200 employees (for enterprises in the non-manufacturing sector)*
- For customised solutions, the development must be for 1st time automation of business functions, carried out in Singapore and the project must not have started before the grant is approved.
*Computed on a group basis i.e. checking up to three levels for corporate shareholders holding 20% or more of the total shareholding in your company and one level down where your company owns 50% or more of shareholding in a subsidiary company.
Validity Period
Till 31 March 2012
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