TnB QuickBooks Online is a pre-approved digital solution under IMDA with 50% PSG grant.
With up to 50% funding support, PSG serves as an avenue for companies to make long-term technology investments. The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes. Companies keen to improve productivity by adopting technology solutions can now tap this simplified grant.
Eligible employers for Skills Future Enterprise Credit (SFEC) will receive a one-off $10,000 credit to cover up to 90% of the out of pocket expenses on qualifying costs.
Under the enterprise transformation component, companies will be able to use up to $7,000 of the SkillsFuture Enterprise Credits. What this means is that a minimum of $3,000 must be allocated to workforce transformation.
The list of supportable programmes for Enterprise Transformation can be found on the Business Grant Portal. They include:
1. Enterprise Development Grant (EDG) | Enterprise Singapore (ESG) |
2. Enterprise Leadership for Transformation Programme (ELT) | Enterprise Singapore (ESG) |
3. Market Readiness Assistance (MRA) | Enterprise Singapore (ESG) |
4. Productivity Solutions Grant (PSG) | Enterprise Singapore (ESG), Singapore Tourism Board (STB), Building and Construction Authority (BCA), National Environment Agency (NEA), Infocomm Media Development Authority (IMDA) and Monetary Authority of Singapore (MAS) |
5. Business Improvement Fund (BIF) | Singapore Tourism Board (STB) |
6. Aviation Development Fund (ADF) | From Civil Aviation Authority of Singapore (CAAS) |
To encourage employers to train and upskill their employees, a minimum of $3,000 (and a maximum of $10,000) of the SkillsFuture Enterprise Credits must be utilised towards workforce transformation programmes.
The list of supportable programmes for Workforce Transformation include:
1. Skills Framework-aligned Courses (in support of the Industry Transformation Maps) | SkillsFuture Singapore (SSG) |
2. Professional Conversion Programme (PCP) (course fee expenses only) | Workforce Singapore (WSG) |
3. Rank-and-File-and-Train Programmes (course fee expenses only) | Workforce Singapore (WSG) |
4. Support for job Redesign consultancy under Productivity Solutions Grant (PSG-JR) | Workforce Singapore (WSG) |
5. Job Redesign initiative (e.g. i4.0 Human Capital Initiative for Manufacturing Sector, Service Industry Transformation Programme for the Services sector) | Workforce Singapore (WSG) |
6. Training Industry Professionals in Tourism (TIP-iT) | Singapore Tourism Board (STB) |
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Declaration of Eligibility and General Declaration
The OCBC Start Digital Pack is supported by Enterprise Singapore (“ESG”) and the Info-communications Media Development Authority (“IMDA”) and is offered by Oversea-Chinese Banking Corporation, Limited (“OCBC”) to its business banking customers.
You must meet the following criteria (“Eligibility Criteria”) to be eligible for the OCBC Start Digital Pack:
To OCBC:
Terms and Conditions of OCBC Start Digital Pack
To TNB Global Outsource Pte. Ltd. (“TnB”):
By submitting an application, we acknowledge and agree that: