Thanks to the growing business and IT industry in Singapore, the local government has made grants for web development available to the public!
Nowadays, a growing ecommerce website design company in Singapore can seek the financial help of the Singaporean government. Whether they need website funding grants or development grants, the local government is willing to offer their assistance to the best website design company in Singapore!
Here are four grants that an ecommerce website design company in Singapore can apply for.
Innovation and Capability Voucher (ICV)
One of the existing grants to have a simple application process, ICV is a convenient solution for small companies who want to improve their business.
Suitable for sole-proprietor companies, the $5,000 worth of voucher can be used to enhance and improve business operations. Furthermore, ICV also offers consultation around various key areas in business like financial management, innovation, and human resources.
Capability Development Grant (CDG)
Offered by SPRING Singapore, the CDG program allows the best website design company in Singapore to have financial assistance worth 70%.
The said assistance should be used to develop key areas in the ecommerce website design company in Singapore.
The CDG program allows the best website design company in Singapore to mobilise their business and improve its productivity!
PIC Grant (Production and Innovation Credit Grant)
This scheme provided to Singapore-based companies offers a 400% tax deduction or allowances as well as a 60% cash payment to any of the Six Qualifying Activities of the year 2013-2018.
Should a website design company in Singapore qualify for the grant, they can access training programs and get support for research as well as development.
Enhanced iSPRINT Grant
This specific grant believes that effective use of technology for boosting productivity and growth is key to success.
So, to assist businesses out, the enhanced iSPRINT grant offers assistance for any technological needs the best website design company in Singapore may need.
To learn more about the existing grants for web development in Singapore, visit Efusion's website!
Resource:
https://visual.ly/community/Infographics/technology/4-popular-website-funding-grants-singapore