Budget 2014 of Singapore had many important announcements. One of the key announcement is Innovation and Capability voucher. The Innovative and Capability Voucher known as ICV designed by Spring Singapore specially to help Small and Medium Enterprise (SME ) . As a business owner or an entrepreneur, you can use this ICV Spring voucher to grow your business online. Get the benefit of the ICV voucher by Spring Singapore and let your business grow. Spring Singapore, by giving a grant, encourage SMEs to adopt it to bring out comprehensive solution and remarkable productivity ino your business operations.
From March 1, 2014, the government has extended the scope of ICV to four areas to upscale and strengthen your core business.
Criteria for SMEs to apply for ICV Spring Singapore
- SMEs must be Registered and operating in Singapore
- SMEs must have a minimum of 30% local shareholding
- SMEs must have a group annual turnover of not more than $100 million OR group employment size of not more than 200 employees
Integrated solutions for business:
In collaboration with Experts, industry partners and SMEs, Integrated Solutions are hands on with trial and tested, the plug and play tools which help SMEs to excel in business challenges and to reach overall productivity gains. Using this Integrated Solutions SMEs will need minimum effort to design and test innovation and capability solutions.
How to apply for ICV
- Review the full list of supported services and the project scope.
- Select the service, contact the participating service providers. After discussion, upon agreeing from both the ends then submit your application online.
- Apply via the ICV Online Portal, it may take 6 weeks to grant the application.
- Upon completion of project, both the applicant (SME) and service provider must endorse the project report before submission to SPRING.
For more details on Innovation and Capability Voucher (ICV), please visit http://www.spring.gov.sg/Growing-Business/Voucher/Pages/innovation-capability-voucher.aspx
Infosun Technologies offers management systems that are Spring Approved. We are having a large database of clients who are already successfully using our management systems like Customer Relationship Management System (CRM), Document and File Management System, Human Resource Management System and many more….
To avail our professional and expert services please call (65) 6341 7678 or email email@example.com