The Singapore Government is allocating more than S$500 million of the Fortitude Budget to support businesses with digital transformation and e-payment adoption.
The Digital Resilence Bonus will be targeted at Food Services and Retail sectors for a start to implement business continuity strategies to adapt to new post-COVID norms. This will help to keep their businesses running and even acquire new revenue lines. Eligible businesses can receive bonus payout of up to S$10,000 if you adopt PayNow Corporate, E-Invoicing, Business Process or E-Commerce solutions.
Find out how to get the Digital Resilience Grant (DRB).
Here are the list of digital solutions that are qualified for Digital Resilience Grant.
To be eligible for the grant, businesses must meet the following criteria.
UEN falls under Food Services and Retail sectors
UEN incorporated on or before 26 May 2020
Adopt PayNow Corporate and Peppol e-invoicing; and
Adopt the digital solutions in the required categories
There is no need for you to submit any application form for the grant. Providers of Qualified Solutions (or Supporting Banks