Original article by Felda Chay from The Business Times
SMALL and medium-sized enterprises (SMEs) looking to raise productivity will now get more government funding for information and communications technology (ICT) purchases.
The Infocomm Development Authority of Singapore (IDA) has pledged to fund up to 70 per cent of qualifying costs, compared with the current 50 per cent.
It also upped the grant cap for business improvement and packaged solutions projects, which will now be $20,000 ? double the previous $10,000 cap.
The changes made to the iSPRINT (Increase SME Productivity with Infocomm Adoption & Transformation) programme were announced yesterday by Yaacob Ibrahim, Minister for Information, Communication and the Arts, at the Infocomm Commerce Conference organised by the Singapore Chinese Chamber of Commerce & Industry.
For the full article, click here (Business Times membership required).
Source: http://mybusinesstechblog.com/archives/blog/ict-funding-cap-smes-increased
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