Digital Resilience Bonus
The Digital Resilience Bonus (DRB) aims to uplift the digital capabilities of a broad base of enterprises. For a start, DRB will be targeted at the Food Services and Retail sectors which are more affected by safe distancing requirements in the reopening of the economy.
The DRB is given on top of enhanced digitalisation assistance provided under the SMEs Go Digital programme. Food Services and Retail enterprises that have PayNow Corporate, e-invoicing, and use pre-defined categories of digital solutions for Business Processes, Digital Presence and Data Mining and Analytics can receive bonus payouts of up to $10,000.
*To qualify for DRB, your enterprise must be:
(i) incorporated on or before 26 May 2020 with a Food Service or Retail SSIC code and
(ii) using the digital solutions between 1 June 2020 and 30 June 2021.