June 7, 2020 by Bobo Tan in Blog, Business Solutions

Support and Bonus For SME Business

 

Digital Resilience Bonus (E-commerce) get bonus of $10,000 payout + Go Digital E-commerce Grant (IMDA funded)

www.imda.gov.sg/DRBonus

As announce in the latest Digital resilience bonus SME who choose to Go Digital in 3 Category will receive $10,000 payout.

Firstcomsolutions
Appointed Qualified Provider
E-commerce solution for DRB

E-Commerce + Set up DBS Corporate Paynow

80% Reimbursement from Productivity Solution Grant by Infocomm Media Development Authority.

Total cost: $2059

Bonus
Extra subsidy from Skill future enterprise credit (up to 90%)

Total saving: $1,853.10

Final Cost: $205.90

F&B & Retail Businesses
+ $2500 (DRB E-Commerce) Bonus payout

For more info : Contact 

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Go Digital E-commerce Grant (IMDA funded)

Go Digital with your own E-commerce website during this Covid 19 period!

Price:$10,059

80% Reimbursement from Productivity Solution Grant by Infocomm Media Development Authority.

Total cost: $2059

Bonus
Extra subsidy from Skill future enterprise credit (up to 90%)

Total saving: $1,853.10

Final Cost: $205.90

For more info: Contact 

Business must go on!!

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Commercial Use Waste food convert Compost Machine
2020 Latest Model
Convert all your waste food and compost into fertilizer .

SME GOVERNMENT GRANT APPLICABLE (100% Grant)
https://www.nea.gov.sg/our-services/waste-management/3r-programmes-and-resources/food-waste-management/food-waste-fund

Ranging from 10Kg -10000 Kg
-No water require
-Odourless
-Fully Automatic
-Lower consumption of electricity than traditional model
-Need not stop machine at all time to put in more waste
– Compost husk , crab shell , lobster shell as well.

We can do better to handle waste food , contribute our small effort in protect the environment

For more info: Contact

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Dear Business Owners,

Are you aware that absentee payroll will go up from 1st May 2020.

1. Absentee Payroll (AP) funding is a grant to help employers defray the manpower costs incurred when they send their employees for certifiable skills training.

2. 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.

An example of a company that recently tap on these two Govt scheme for 2 months and saved up to $100k for staff will be shared 🙏

For more info: Contact

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Retail Industry Grant by Enterprise Singapore.

Lead focused digital marketing for Retail only SSID starting with 47

12 Week Digital Marketing Campaign

1) 1 day online training FB/IG fundamental
2) Consultancy and Brainstorm
3) Access to Firstcom’s Creative Team
4) $1000 Sponsor ad Budget
5) Half day Photography and videography

Total cost – $10000
Gst 7% – $700
ESG funding support -$9000

SME to pay only $1000

Bonus
Salary Support
Nominate 3 employee for salary support up to 90% for 3 month

1) Position
2) Industry
3) Have E-commerce site? Yes/No

For more info: Contact

 

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Loan Schemes by Enterprise Singapore (ESG)

To help businesses tide over this difficult period, ESG has worked with participating banks to ensure businesses have access to the right financing at lowered interest rate. Beyond that, ESG will share the loan default risk in the event of enterprise insolvency with the participating banks.

Key Information:

1. Higher Loan Amount:
– SME Working Capital Loan increased to S$1mil
– Temporary Bridging Loan increased to S$5mil

2. Maximum Repayment Period:
SME Working Capital Loan – 5 years
Temporary Bridging Loan – 5 Years

3. Lowered Interest Rates:
SME Working Capital Loan – depending on participating banks risk assessment (can be as low as 3% p.a.)
Temporary Bridging Loan – 5% p.a.

For more info: Contact

 

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P/S: Each subject will be link to the different vendor. Do click Contact and specific the subject that you are inquire. Thanks.

“Business Solutions in Singapore”

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