IDA iSprint Grant

The iSPRINT Grant, which stands for (Increase SME Productivity with Infocomm Adoption & Transformation), is a grant initiative by IDA (Infocomm Development Authority) that aims to address the different IT adoption needs of SMEs and to make it easy for them to seek assistance for their computerisation projects.

iSPRINT has been in place since March 2010 to help SMEs’ use of technology in order to enhance SMEs’ productivity and growth. It aims to increase the rate of adoption and raise SMEs’ infocomm capabilities. This scheme is targeted at first time adopters and supports a large range of solutions including accounting, payroll, point-of-sales and software-as-a-service.

The IDA ISPRINT addresses various areas of infocomm adoption for the SMEs, making it easy and convenient for Small to Medium Enterprises to seek for assistance and funding for projects that relate to infocomm adoption.

Purpose

It supports the packaged solutions pre-qualified by IDA and also customised solutions, as long as the project involves the use of infocomm technology to improve the company’s business operations, resulting in efficiency/ productivity, increased revenue or value-add for the business.

Process

teamWork CRM is one of the software listed under iSPRINT (Packaged Solutions). 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).

Visit IMDA’s website for more information: 

https://www.imda.gov.sg/-/media/imda/files/inner/archive/news-and-events/news_and_events_level2/20071119143631/sme.pdf

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