In short, it is a very powerful grant by the government to grow your business's productivity.
It can be applied in 6 areas
1) Acquisition and leasing of PIC Information Technology (IT) and Automation Equipment;
2) Training of employees;
3) Acquisition and In-licensing of Intellectual Property Rights;
4) Registration of patents, trademarks, designs and plant varieties;
5) Research and development activities; and
6) Design projects approved by DesignSingapore Council.
Basically, I think (1) and (4) applies to most businesses, especially (1).
A computer, a photocopier, modems, hard disk storages, display TVs, all count towards (1).
For businesses with big profits, you probably don't even need to read this (Read more...)
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