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What is Digital Resilience Bonus (DRB)?
Digital Resilience Bonus is targeted at food and retail business. Both types of trades must be incorporated before 26 May or on 26 May 2020. This is in a way helping them to transit over as their nature of work is front facing directly to consumers.
There will be a bonus payout of up to $10,000 if they have implemented the PayNow and e-invoicing or have adopted the predefined categories of digital solutions.
How do you apply?
There is no need for you to apply for it by yourself.
Just let your PSG pre-approved vendors know and they can submit your company's UEN to IMDA if you are using the solutions from 1st June 2020 to 30th June 2021.
What should I take note of?
Company must be registered and have a Paynow Corporate account and using Peppol E-Invoicing. Lastly, company must be registered on or before 26 May 2020.
Disclaimer: All information have been prepared for general information purposes only, to permit you to learn more about ACE Business, our services and related matters.
The information presented is not legal advice, is not to be acted on as such, may not be current and is subject to change without notice.
For latest grants information, please check out the Business Grant portal at www.gov.sg.