The iSPRINT grant, which stands for (Increase SME Productivity with Infocomm Adoption & Transformation), is a grant initiative by IMDA (Info-Communications Media Development Authority) that aims to address SMEs’ different infocomm adoption needs – from simple solutions for the improvement of your business operations to innovative use of technology for the transformation of your business or sector.
iSPRINT is a comprehensive scheme that helps Small to Medium Enterprises (SMEs) move towards automation by providing grant in their purchase from the approved vendor*, as long as the project involves the use of infocomm technology to improve the company’s business operations, resulting in efficiency or productivity, increased revenue or value-add for the business.
SMEs can claim up to 70% of the qualifying costs, capped at $20,000 for the purchase of the first packaged solution (listed) under each solution category. (This is subjected to fulfilling the SME eligibility criteria and the availability of funds.)
No claim submission is necessary on SMEs’ part as it will be handled by the approved vendor, however, do note that the qualified SMEs are required to pay at least 30% upfront to the approved vendor upon iSPRINT grant’s application approval.
*CMS Data Technology Pte. Ltd. is one of the approved vendor in IMDA vendor listing.
|ICT Packaged Solution CMS V1.3|
|STANDARD PACKAGE FEE|
|DESCRIPTION||COST||Grant Support under enhanced iSPRINT (Scale-up)*|
Standard Software Per Year including:
a. Standard Software / Subscription Fees, Support Max 50 users
|$9,500||Up to 70%, capped at $6,650.00 for up to 1 year’s support|
Standard Professional Services (12 hours) including:
a. Software installation & configuration
b. Data Migration
|$1,200||Up to 70%, capped at $840.00 for up to 12 hours|
Standard Software Training (20 hours) including:
a. HR Training
b. Safety Training
c. Project Management
|$2,000||Up to 70%, capped at $1,400.00 for up to 20 hours|
a. Additional Software / Subscription Fees for additional user
$1,100 per 10 users
Up to 70%, capped at $770.00 for up to 1 year’s support
a. Additional Professional Services
b. Additional Software Training
c. Maintenance/Technical Support
$100 per hour
$100 per hour
$100 per hour
|Total Packaged Price Per Year||$12,700|
Your business must meet the following requirements to qualify for iSPRINT.
1. You are a local SME with
• Company registered or incorporated in Singapore
• Minimum 30% local shareholding AND
• Company’s Group annual sales turnover not more than S$100 million OR Company’s Group employment size not more than 200 workers
2. You do not already own/ use any other solutions that you are going to adopt (i.e. accounting, payroll or POS solution).
The Application Process:
• Contact us and complete Self-Declaration Form for eligibility check
• Purchase and implement our CMS V1.3 solution
• Submit your claims with the necessary supporting documents (quarterly claim submission).
APPLYING MOBILE-INTERNET AND DATA TECHNOLOGY TO IMPROVE PRODUCTIVITY OF CONSTRUCTION COMPANIES
TRANSFORMATION TOWARDS A SMART CONSTRUCTION INDUSTRY IN SINGAPORE.
195 Pearl's Hill Terrace #03-31 Singapore 168976
TEL: (65) 9782 2622 Ms. Sherly Lim
TEL: (65) 9661 1032 Mr. Zan Lim