The grant is aimed at supporting projects that help startups (and Singapore businesses in general) strengthen their business foundations, pursue innovation and improve productivity, and expand into overseas markets.Additionally, you may wish to consult a corporate lawyer, either to navigate the many forms and requirements involved with incorporating a company or for legal support with specific tasks like intellectual property protection and reviewing and drafting contractual agreements.Do note that AMPs may take up to 50% equity in your startup.

Therefore, you should approach the AMPs for more details on their equity terms.Most crucially, a corporate services firm can help you manage your compliance deadlines and requirements. On the other hand, a POV Project is one where you already have a technically/scientifically viable concept, and you want to develop a working prototype.The application process for the EDG is as follows:Depending on the size of your business, the level of support provided by the BIF will vary. If you haven’t already done so, you can consider engaging a corporate services firm to incorporate your company on your behalf.

The extension takes into consideration Singapore’s GST tax requirements, and helps companies comply with Singapore tax laws through PEPPOL easily. Businesses can select different Synergix ERP software packages such as Inventory, Sales, Accounting and Human Resource Management to be funded under Productivity Solutions Grant.

SMEs only needs to pay 50% to go Digital, ERP system vendor (Synergix) will claim the rest (50%) directly from IMDA.

Thank you for your understanding. To support the exchange of invoices within Singapore, IMDA has developed an extension on the PEPPOL BIS Billing 3.0. In our extensive years of experience, our consultants have successfully helped almost all of our clients to apply for the grants.

In the media industry, IMDA provides various grants and schemes to assist new media talent and start-ups.

With a dedicated corporate services firm handling such legal requirements, you can better direct your resources towards the actual running of your start-up and realising your goals.Successful non-SME applicants will receive funding support of up to 50% of qualifying costs.The EDG  covers up to 30% – 70% of qualifying project costs, depending on whether your business is a Small Medium Enterprise (SME), and whether your costs are related to software and equipment.The newly hired PMETs will then attend a 2/3-day workshop, whereas supervisors from the SME will attend a 1-day workshop.

It can assist you with business registration as well as the filing of important documents to comply with the legal requirements of incorporating a company.To apply, you will have to go through the following steps:P-Max is an initiative by Workforce SG that aims to match hiring SMEs with job-seeking Professionals, Managers, Executives and Technicians (PMETs).

Job-seeking PMETs will be vetted and then placed into suited positions in hiring SMEs by P-Max Programme Managers. Therefore, to receive the maximum value of the $30,000 grant, the entrepreneurs themselves need to raise and commit $10,000 to the business.For Singapore-registered businesses in the tourism sector, the BIF is targeted at encouraging technology innovation and adoption, and the redesign of business models and processes in order to improve productivity and competitiveness. What this means is that the scheme matches $3 to every $1 raised by the entrepreneur for up to $30,000.

The Infocomm Competency Management System (ICMS) is an online system for the management of IMDA's training incentive programme such as Critical Infocomm Technology Resource Programme (CITREP) and Talent Assistance (T-Assist). The PSG covers up to 70% of the costs of investing in government-approved long-term technology solutions such as Customer Relationship Management solutions and Human Resource Management systems.Most of the start-up grants discussed above require you to have already incorporated your company before you can start applying for them.

Interested applicants can apply for up to $300,000 in grants.The following infographic provides a quick summary of the 7 start-up grants:Startup SG Founder provides first-time entrepreneurs with mentorship and a startup capital grant of up to $30,000 on a co-matching arrangement. 4. ; To login to OGMS as Organisation, please inform your CorpPass Administrator to assign IMDA Digital Services in CorpPass. A Singapore Government Agency Website Who We Are Infocomm Media Landscape For Industry For Community Regulations & Licensing News & Events IMDA For a start, PSG covers sector-specific solutions including the retail, food, logistics, precision engineering, construction and landscaping industries.

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