With Ministry of Trade and Industry Singapore (MTI) reducing Singapore’s 2016 growth forecast to 1-2%*, SMEs have much to consider in these challenging times – cost constraints, productivity, business growth and more. With the Singapore government assisting SMEs by giving out many different types of grants, SMEs would do well to fully leverage them. What grants are available, and which solutions should SMEs use these grants for? Read on to find out more.
*Reference from http://www.singstat.gov.sg/news/news.
Capability Development Grant
Identify the business and growth needs of your company and the business capability area which requires upgrading at www.spring.gov.sg/CDG.
Discuss your project with an SME Centre business advisor. Call +65 6826 3011 to make an appointment (optional).
Identify a solution provider and/or consultant to discuss project implementation details and prepare your CDG application.
Prepare your CDG application. This includes your company’s latest ACRA form, audited financial statements, project proposal, relevant quotations for your project cost items, and consultant’s proposal for projects involving consultancy.
Submit your CDG application online via your SingPass account at the SPRING Grant Portal grantportal.spring.gov.sg.
What is PIC?
PIC is designed to allow SMEs upgrade and improve their hardware to raise their productivity and innovation.
What to expect from PIC?
From 1 Aug 2016, companies can expect the following Cash Payout Scheme:
- 40% cash payout rate for qualifying expenditure.
- 400% tax deduction for qualifying businesses.
Office Multifunction Printers, laptops, servers and more.
Our Multifunction Printers are able to help you achieve cost and energy savings!
- You can expect to reduce your energy consumption from printers by 10-15% and up to 45% off your monthly electrical bill during the first year of implementing energy management practices.*
- You can check out our monthly promotions for good deals.
We respond to all machine faults within the next business day, reducing productivity loss due to machine down-time.
SMEs can also utilise the following solutions we have to improve their productivity. We can assist you in finding the applicable government grants for each solution as well.
Smart Suite – Harness the power of Cloud to empower you. Smart Suite helps growing businesses boost business agility and optimise costs, resulting in better document management and smarter workforce collaboration.
Skydesk CRM and Cards R – Cloud-based Software as a Service that empowers you to manage all your Sales, Marketing, Customer Support & Service, Inventory Management, and Email campaigns within a single system you can access anywhere.
IT Concierge Service – Start maximising your IT uptime by enjoying our one-stop vendor management service that supports your IT environment as a whole.
Modular ERP, Inventory Management, Point-of-sales, Accounting & Finance, HR/Payroll
Send in your enquiry today to find out more!
Having been in the Singapore market for more than 50 years, Fuji Xerox have worked and grown together with many SMEs, and understand their needs as their businesses mature. Whether it is IT equipment, cloud solutions, IT services and even Data Analytics, SMEs can choose from our wide range of offerings to empower them as they grow.
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