Using the right government grants is crucial for funding your website design and development project. Fortunately, there are many types of government grants that you can choose to finance your website.
Here are the different types of government grants for website design projects.
1. ENTERPRISE DEVELOPMENT GRANT (EDS)
EDS is a combination of Spring Singapore’s Capability Development Grant (CDG) and International Enterprise Singapore’s Global Company Partnership (GCP) grant. If the government has approved your project, you can get up to 80% funding grants for your website design project.
2. PRODUCTIVITY SOLUTIONS GRANT (PSG)
From MTI’s Grants Management Office (GMO) and other related agencies, PSG is one of the many grants for website development projects that can help businesses adopt the latest IT solutions and equipment. The PSG is perfect for eCommerce web design since it covers a wide range of development packages, perfect for eCommerce businesses and online stores.
3. SKILLFUTURE ENTERPRISE CREDIT (SFEC)
Combining SFEC and PSG is perfect for startups and small businesses since it can provide websites with up to 98% of funding grants for web development projects. SFEC can help companies transform and improve employee efficiency.
4. DIGITAL RESILIENCE BONUS (DRB)
You can get a $10,000 bonus payout with a DRB, a perfect incentive for Food & Beverage businesses that need to implement improved safety measures and better digital marketing strategies. However, you have to for the bonus first.
5. MARKET READINESS ASSISTANCE (MRA)
For up to 80% grants for website development projects that cover third-party costs, choose an MRA grant. You can fund other activities, such as overseas transactions and marketing.
The grant that you’re looking for might not be available anymore, which is why you should get in touch with your preferred web specialist. Find the best website design company in Singapore that will help you choose an eligible funding grant.
Contact eFusion Technology to know more about website funding grants.
