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- Recent Blogs -
Top 3 Grants by the Singapore Tourism Board - 26 Oct 2022 Top 10 Grants for farming companies in Singapore - 20 September 2022 Fund your startup with The Startup SG Tech - 7 September 2022 New Venture Launching Program Supported by EDB - 11 August 2022 Digital Innovations Grant for Charitable Institutions - 12 July 2022 See older blogs under 'Archives' section below |
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With the fast-changing economic landscapes, various organizations and institutions including exempt and registered Charities and Institutions of a Public Characters (IPCs) that are non-NCSS (National Council of Social Service) members need to keep up with the technological advancements sweeping across the globe. Various assistance in the form of digital infrastructure grants and a lot more are provided by the government of Singapore.  One such grant is exclusive to eligible social services providers. This grant scheme is divided into three categories namely, Charities Capability Fund-Information and Communications Technology (CCF-ICT) Category A, B, and Go Digital Charities. The first two categories focus on infrastructure components and digital solutions upgrades while the third category is specific big and specialized IT solutions needs of the grantees. Let’s take a look at each category: CCF-ICT Category A As mentioned earlier, this category covers the cost of the basic infrastructure components needed in the operation of small and medium-sized charities. The following infrastructure components covered are: 4 computers (desktop or laptop), 2 Printers, 1 broadband account, website development costs to facilitate publishing of charity’s information for transparency, subscription charges of video and audio-conferencing tools, and firewall devices. All of these infrastructure components have respective budget allocations. Successful implementation and completion of the project awards eligible grantees with 100% reimbursement. To know more about this category, visit this website. CCF-ICT Category B Category B funds digital solutions of charities seeking to augment their operations and overall efficiency. Specifically, this category grants financial assistance through pre-scoped and green lane digital solutions. Charities that previously enjoyed VWOs-Charities Capability Fund (VCF) funding may no longer be eligible for this grant unless it falls into the category of enhancement of the granted digital solutions. Detailed information about this category is provided on this website.  Go Digital Charities Lastly, this grant provides financial support to charities needing advanced or highly specialized IT solutions. This funding scheme entitles eligible grantees reimbursement into two phases: upon signing of funding agreement and upon project completion. More information is provided on this website. A well-maintained and supported social services are an integral part of every society. Hence, it is imperative that financial support and grants are made available to social services providers in Singapore to help them thrive in the fast technological advancements world. For more information about this grant, kindly visit this website.  The government of Singapore lures local businesses whether SMEs or MNCs to pursue sustainable production and efficient use of energy resources. Programs that promote sustainable ways in energy production are in place allowing eligible businesses to receive financial incentives in return. An example of this is the use of solar panels . The Energy Market Authority (EMA), Building and Construction Authority (BCA) and Economic Development Board (EDB) are the three funding agencies that provide the financial support and assistance to businesses seeking to go green. In a nutshell, the programs are divided into three–financial incentives for solar, followed by schemes for energy efficiency, and lastly for “green” buildings. EMA, BCA, and EDB–the formidable trio schemes Metering credit schemes Solar energy generated by businesses that have adopted solar panels technology allows them to sell the excess electricity generated to the authorized grid authority. To qualify for this, they must first register with SP Services or the Energy Market Company to enjoy this privilege. Three metering credit schemes exist such as Simplified Credit Treatment Scheme (SCT), Enhanced Central Intermediary Scheme (ECIS), and the Market Participant scheme. But only ECIS and the Market Participant scheme are applicable to businesses. Detailed information about these metering credit schemes are available on this website. Let’s talk about energy efficiency The Building and Construction Authority (BCA) and Economic Development Board (EDB) oversee this program by inspiring building owners and investors to adopt energy efficient technologies meaning they switch to green technologies. Since Singapore is aiming to become a Smart Nation, energy consumption in the city-state is expected to spike up, hence, adopting energy efficient technologies is highly encouraged among business entities. To beef up the program, BCA offers two incentives schemes such as–for existing buildings (thru $63 million Green Mark Incentive Scheme) and new buildings (Enhanced $20 million Green Mark Incentive Scheme). To know more, visit their websites GMIS-EB 2.0 and GMIS-NB. Energy Efficient Fund (E2F) by NEA is also available for investors keen to establish new industrial facilities or undertake expansions. This scheme encourages builders to incorporate energy efficient or improving technologies before construction takes place. Detailed information about this scheme is available on this website. Energy Development Board (EDB) The granting agency for the Resource Efficiency Grant for Energy (REG(E)) program promotes energy efficiency especially for manufacturing facilities and data centers. Interested companies are required to submit their project proposal including Pre-Project M&V plan and a post-project M&V report. The grant quantum will be evaluated against the complete carbon abatement upon project completion. To apply to this grant, visit their website. Meanwhile, BCA alongside selected financial institutions collaboratively offer the Building Retrofit Energy Efficiency Financing (BREEF) program which helps qualified businesses shoulder the upfront costs of energy retrofits of existing buildings through an arrangement. To know more about this program, check it out here. 
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