Setting up Website at 80% Subsidy (SIP)
Posted by admin on Oct 24, 2009
If you have not got your website or you are still using xxx@hotmail.com or xxx@yahoo.com.sg, time to change! To boost adoption of infocomm, our beloved government has introduced a scheme to help local SME.
This particular grant will subsidy up to 80% on the expenditure (capped at $2,000) of establishing a website which include domain registration (www.yourcompanyname.com). This is a perfect grant for new start-up!
If you are looking for other government assistance schemes for SME, visit us at www.361dc.com.
Details as follow, enjoy!
SME INFOCOMM PACKAGE (SIP) INITIATIVE
To help ease the adoption of technology by Small and Medium Enterprises (SMEs), IDA has launched the SME Infocomm Package (SIP) Initiative.
The infocomm solution package you purchase is automatically subsidized by IDA if this is the first time you are investing in a web presence for your business. The subsidy is available to 5,000 SMEs on a first-come-first-served basis.
The subsidy covers (capped at $2,000 per SME):
§ *80% of monthly broadband subscription charges for 12 months;
§ Pig Hunt
*80% of monthly hosting and maintenance of website or web pages for
12 months; and
§ 80% of website or web pages development efforts.
*SME must sign a contract of at least 12 months.
You qualify for subsidy if:
§ You are a local SME with
§ at least 30% local shareholding,
§ less than $15 million fixed assets, and
§ employ less than 200 employees (applicable to non-manufacturing sector only)
§ You do not already own a website;
§ Your purchase includes the development of a website or web pages for
your business; and
§ You have not claimed under this initiative before.
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