Government Grant Available for Singapore SMEs: 2020
E-Invoicing Registration Grant (ERG)
The ERG is a new scheme to help businesses in Singapore to digitalise. As businesses look for digital solutions to enable their staff to work remotely, the Grant will directly assist businesses enable e-invoicing features on their existing or new solutions, allowing their finance staff to work remotely. Eligible company will receive a one-time payment $200 through PayNow Corporate.
The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees. Eligible employers will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.
Productivity Solutions Grant (PSG) for Laptop
Laptop-bundled remote working solutions has been added to help enterprises implement COVID-19 businesses continuity and social distancing measures.