Grants
To help you make better sense of the government support and resources available, we’ve put together a list of grants particularly relevant to MICE and Event businesses and workers in these challenging times.
Enterprise
Productivity Solutions Grant
This Enterprise Singapore (ESG) grant helps businesses fund tech solutions ranging from process automation to IT equipment to digitisation tools.
The maximum funding support level will be raised to 80% until 31 December 2020. The scope of generic solutions has been expanded to include tools and systems for COVID-19 business continuity, which will help MICE and Events innovate towards virtual and hybrid events as well as prepare to meet the SafeEvent Standard:
Online collaboration tools
Virtual meeting and telephony tools
Queue management systems
Temperature screening solutions
Enterprise Development Grant
This Enterprise Singapore grant supports up to 80% of the cost of the projects targeted at helping local businesses grow and transform. This can benefit MICE and Events businesses looking to adapt to the “New Normal” by inventing, innovating, pivoting or redesigning their core business strategies.
Some examples include:
Creation of new business model
Adoption / development of sophisticated hardware and/or software solutions (e.g. technology for hybridisation/digitisation of events)
Development of effective brand and marketing strategy
Development of technology and products for commercialisation
Training workforce on new technology and tools
Specialised Cleaning Programme
Small and medium enterprises (SMEs) which have experienced a confirmed COVID-19 case on their premises can apply for help to defray part of their disinfection costs under the Specialised Cleaning Programme, a joint assistance scheme by ESG, NEA and STB.
Eligible SMEs will receive the following support 50% of eligible third-party professional cleaning and disinfection costs, capped at $3,000.
Enhanced Training Support Package and Enhanced Absentee Payroll to mitigate COVID-19
This limited-time SkillsFutureSG package is available to tourism-sector businesses (includes MICE) and arts and culture businesses (includes arts, entertainment and recreation) to cover eligible training courses on priority and emerging skills. Examples include:
Service innovation
Quality visitor experience through immersive technology
Digital media (art-making and outreach)
Emerging digital skills
The package covers up to 90% course fees and Absentee Payroll at 90% of hourly basic salary capped at $10 per hour, for courses starting before Jan 1, 2021.
Training Industry Professionals in Tourism
MICE and Events businesses looking to upgrade their workforce in tourism-related skill sets through certified courses may apply for this grant, which covers up to 90% of course fees. The grant is also available to businesses for course development, covering trainer fees and courseware development.
SMEs Go Digital
To help SMEs build digital capabilities to sustain business operations in the COVID-19 crisis, the enhanced programme includes up to 80% funding for the adoption of pre-approved digital solutions, which can be used to implement safe distancing and business continuity measures such as online collaboration tools, virtual meetings and telephony tools, temperature screening equipment and queue management systems.
A payout of up to $5000 is also available to help businesses adopt digital payment, business process and e-commerce solutions, with an additional $5,000 for the adoption of advanced solutions.
Marketing Partnership Programme
Part of STB’s COVID 19 Recovery Plan, this programme supports the international marketing initiatives of the MICE sector in Singapore, allowing businesses to maintain their international presence during the pandemic. This will help position Singapore as a choice destination for business events and drive tourist demand when the market recovers.
Individual
SkillsFuture Training Grant
Through this SkillsFuture Singapore (SSG) scheme, self-sponsored individuals wishing to upgrade through SSG-supported courses can receive funding of up to 90% of course fees.
This includes courses offered by polytechnics and tertiary institutions on topics such as MICE business strategy, MICE management, event branding, social media marketing, and risk management in event planning.
Support for Digitalisation
Government Support and Grants for Digitalisation
There are various levels of support and grants from the Singapore Government that can help MICE and Events businesses across these areas:
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Development of Innovative Technology / Product
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Organising Events in Singapore
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Upgrade Business Capabilities
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Venture Overseas
DISCLAIMER: Please refer to the respective government agencies website for updated information.
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SACEOS is the trade association for MICE and Events in Singapore
1 Raffles Boulevard, Level 3 Venue Management Office, Suntec City, S039593
secretariat@saceos.org.sg
+65 9732 3941