iSPRINT (Increase SME Productivity With Infocomm Adoption & Transformation)
……..Get a grant
to defray costs of your infocomm project to improve or innovate
your business operations. As part of the move to simplify the grant
application process, IDA introduced the concept of pre-qualified infocomm packages supportable under iSPRINT.
These bite-sized, ready-to-use solutions enable SMEs to start deploying IT
into their operations quickly and easily. The iSPRINT
(Packaged Solutions) contains a list of solutions, both Off-The-Shelf and
Pay-Per-Use that meet IDA's prequalification requirements.
All small and medium
enterprises (SMEs) that are registered or incorporated in Singapore with:
at least 30% local shareholding;
group annual sales not more than S$100M; or
employment size not exceeding 200 employees*.
* Computed on a group basis, i.e. checking all levels up for corporate
shareholders holding more than 50% of the total shareholding in your
company and any subsequent corporate parent, and all levels down in
To encourage SMEs to use
technology to improve or innovate their business operations.
project should lead to:
increase in efficiency/ productivity
increase in revenue
increase in value-added human resources (HR)
However the grant does not
support upgrades and enhancements for existing infocomm
iSPRINT supports 2 types of projects:
Ø Packaged Solutions1 for basic business functions like
Accounting^ and Payroll
Ø Customised Solutions that are tailored to your business needs
1Solutions must be
pre-qualified by the Info-Communitcations
Development Authority of Singapore (IDA)
1For each basic packaged solution, the subsidy is 70% of qualifying
costs, capped at $2,000 on:
cost, up to 12 months
^ Accounting Software must comply with Inland Revenue Authority of Singapore (IRAS)’ eTax Guide and listed under the IRAS Accounting Software
For more info
iSPRINT (Increase SME Productivity with Infocomm Adoption & Transformation) by Infocomm Development Authority of Singapore
How to apply?
You may contact us at Tel: 6220 3306 to find out