Digital resilience bonus

Uplift the digital capabilities withDigital Resilience Bonusin the new environment today

Receive bonus payouts up to $10,000 from now to 30 June 2021

In Proud Support of:

Digital Resilience Bonus

The DRB is a financial grant by the IMDA that encourages food services and retail businesses to use e-payments and digital solutions for running their business in the new environment today. There are also different categories of digital solutions under the Productivity Solutions Grant (PSG)

There are also defined categories of digital solutions. Talk to us to find out more. 

FUNDING SUPPORT:

  • From 1 June 2020 to 30 June 2021, Food Services and Retail enterprises can receive up to $10,000 on digital solutions
  • $200 grant for first-time registrants on the Nationwide e-Invoicing Network by 31 Dec 2020

QUALIFICATION CRITERIA:

  • Your business industry is under Food Services or Retail sectors
  • Your business is incorporated on or before 26 May 2020
  • Your business has an active PayNow Corporate account
  • Your business is using InvoiceNow

How can we help?

We support both two business industries:

F&B Business

OBJECTIVE:

To improve competitiveness and productivity. Also help businesses to be more resilient and adapt to new post-COVID norms.

POSSIBLE SCOPE OF WORK:

Gap analysis, primary or secondary research, evaluation of external and internal factors, and creation of implementation plans

Criteria for Bonus Payouts

F&B
Solutions to adopt in addition to PayNow Corporate and InvoiceNow
Bonus Amount
Category 1
(i) Accounting, (ii) HR/Payroll and (iii) Digital Ordering (Dine in/Takeaway)
$2,500
Category 2
Online food delivery (via food delivery platforms or own online shopfront) or e-procurement
$2,500
Category 3
Data mining and analytics
$5,000

Retail Business

OBJECTIVE:

To improve competitiveness and productivity. Also help businesses to be more resilient and adapt to new post-COVID norms.

POSSIBLE SCOPE OF WORK:

Streamlining of workflows, process automation, development of performance measurements, and the creation of future roadmaps for improvement

Criteria for Bonus Payouts:

Retail
Solutions to adopt in addition to PayNow Corporate and InvoiceNow
Bonus Amount
Category 1
(i) Accounting, (ii) HR/Payroll and (iii) Inventory Management
$2,500
Category 2
E-commerce
$2,500
Category 3
Data mining and analytics
$5,000

Why should you work with us?

You need a management consultant with the Enterprise Singapore-recognised certification

A necessary criteria to apply for the DRB, which our consultants fulfil. As Registered Management Consultants from the Institute of Management Consultants (Singapore), we embrace high standards of ethical and professional conduct, so you can be rest assured that your project is in good hands.

We offer end-to-end support for your project

Grant application may seem like a complicated process. That’s why we’ll be there to guide you throughout the entire process — from the initial project planning and proposal, to grant application, project delivery, and submission of claims. All you need to do is to submit uen to imda. 

We’ve been delivering results for our clients since 2014 — here’s what some of them have to say:

FAQs

  • Food Services enterprises include restaurants, cafes, snack bars and food kiosks, bakeries, fast food outlets, food caterers, canteens, food courts, coffee shops and eating houses.
  • Retail enterprises include those in footwear, bags, clothing, furniture, jewellery, watches, cosmetics, hardware, pet supplies, toys, books, handphones and computer hardware.
  • To view the full list of qualified SSIC for Food Services and Retail sectors, please visit the DRB webpage at www.imda.gov.sg/DRBonus#3.
  • A Retail or Food Services enterprise that has outdated SSIC codes can be supported through an appeal, if the enterprise’s main business activities are in the Retail or Food Services sectors.
  • You can submit an appeal by completing the form in the links below. You will also have to provide the necessary supporting documents as stipulated in the form.
  • Retail: http://go.gov.sg/drbappeal-retail
  • Food Services: http://go.gov.sg/drbappeal-food
  • Please note that all appeals are subject to IMDA and ESG’s evaluation and approval. Enterprises whose appeals are supported will be notified via email and their payout(s) will be processed accordingly.

IMDA will be collecting usage information from all qualified solution providers before cross-checking the data internally to determine the enterprises that will receive the DRB payouts. For example, if you are using two qualified digital ordering solutions, both your solution providers will send your usage information to IMDA.

  • An enterprise that uses a qualified solution through a third-party service provider can be supported through an appeal, if the service provider can provide documentary proof that the enterprise’s accounting/HR payroll transactions are processed using the solution.
  • You can submit an appeal by completing the form in the links below. You may also seek assistance from your service provider on the supporting documents required for the appeal.

All solutions must provide cloud-based, mobile-based or web-based access. In addition, they need to meet the functional requirements specified on the DRB webpage at www.imda.gov.sg/DRBonus.

  • The first enterprises that adopt the pre-defined solutions will receive their first Bonus payouts in August. Those that adopt later will receive their Bonus payouts in later months. IMDA will have a monthly cycle of assessing enterprises’ eligibility for the Bonus and making the Bonus payouts.
  • Assessment of eligibility for the DRB payouts is based on whether an enterprise has used the solution, regardless of the date when the solution was deployed.
  • The Bonus payout will be paid through your PayNow Corporate account. You can check your account statement to see if you have been paid.
  • Alternatively, you may check the status of your enterprise’s eligibility for the DRB payouts, including whether your solution provider has submitted your UEN and whether you have been paid, via the Enterprise Portal which will be ready by October. Kindly subscribe to the official SMEs Go Digital Telegram channel at https://t.me/SMEsGoDigital for updates on when the Enterprise Portal is available.

Yes, the Bonus for each category will be extended to you if you adopt all the solutions in that category. The total payout for each enterprise upon fulfilment of all three categories is $10,000.

  • Yes, enterprises are eligible for the DRB as long as the adopted solutions fall under the respective categories and are listed on the DRB webpage at www.imda.gov.sg/DRBonus.
  • Assessment of eligibility for the DRB payouts is based on whether an enterprise has used the solution, regardless of the date when the solution was deployed.
  • As a grant, the Productivity Solutions Grant (PSG) helps to offset the cost of buying a preapproved digital solution under the SMEs Go Digital programme. As announced in the Resilience Budget, the maximum support level for PSG has been raised from 70% to 80% from 1 Apr 2020 to 31 Dec 2020.
  • The DRB is an additional incentive for digitalisation during this COVID-19 period. It provides a one-time cash payout for enterprises that adopt a predefined set of solutions to uplift their digital capabilities so that they can adapt to safe management practices after the circuit breaker period and be more productive and competitive. The solution adopted does not have to be a PSG-supported solution.
  • Enterprises can receive the DRB as long as the solutions adopted fall under the respective categories and are listed on the DRB webpage at www.imda.gov.sg/DRBonus. For enterprises who have adopted a solution with PSG support, they are still eligible to receive the DRB as long as the solution comes under the DRB list.

Submit your interest

Fill in the form if you’d like our certified consultants to guide you on your Digital Resilience Bonus application

small_c_popup.png

Let us help you go digital

Just tell us what you are looking for

Want To Know What Singapore Search For In Google in 2020?.

Drop Your Email Below And We Will Send You The Report By Google.