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Singapore Government Grants for Shopify Websites

SME go digital

Are you aware of the Singapore government grants available for your Shopify stores?

Basically at the moment, there are 3 main grants which Shopify store owners can enjoy!

Digital Resilience Bonus (DRB)

Shopify merchants in the retail sector can qualify for a Digital Resilience Bonus of up to $2,500 under the eCommerce category - subject to the eligibility criteria. Apply for the DRB on Shopify.

Productivity Solutions Grant (PSG)

This grant will allow you to enjoy up to 70% off your Shopify Advanced plan or up to $5,600 off the Shopify Plus plan. To enjoy the benefits, you will need to fill in the subsidy application form on Shopify.

This will also apply to Shopify merchants who are on the basic plan and wish to upgrade to the advanced plan or the Shopify Plus plan.

OCBC Start Digital

Under this grant, you can enjoy $500 credited to your OCBC corporate bank account if you sign up for 2 digital solutions that OCBC is partnering, for example, Shopify and Xero accounting.

You will need to fill in the declaration form and register for your Shopify account.

Here is a summary of the subsidies and grants available

 OCBC Start Digital
Productivity Solutions Grant
Digital Resilience Bonus
Grant $500 Up to 80% off Basic, Shopify, Advanced or Plus Plan $2,500
Shopify Plans
  • Basic Shopify
  • Shopify
  • Advanced Shopify
  • Shopify Plus
  • Basic Shopify
  • Shopify
  • Advanced Shopify
  • Shopify Plus
  • Basic Shopify
  • Shopify
  • Advanced Shopify
  • Shopify Plus
Prerequisites

 

  • Have an OCBC Corporate Bank Account
  • Registered and operating in Singapore
  • At least 30% locally owned
  • Group annual sales turnover of no more than S$100 million or group employment size not exceeding 200
  • Is a first time applicant for the Start Digital Pack
  • Must not already be currently using identical solution it is intending to sign up for the Start Digital Pack.
  • Registered and operating in Singapore
  • Using their subscription in Singapore
  • At least 30% locally owned
  • UEN falls under the Food Services or Retail sectors as at 26 May 2020
Sector: Qualified Primary SSIC as at 26 May 2020

Food Services: List of Food Services SSIC (499.76KB)

Retail: List of Retail SSIC(577.28KB)

  • UEN incorporated on or before 26 May 2020
  • UEN has an active PayNow Corporate account
  • UEN is on the Peppol e-invoicing network (Singapore government nationwide e-invoicing network)
  • Is my enterprise using a qualified solution to enable sales via an Online Shopfront OR via Online Food Delivery at least once a month? OR is my enterprise making purchases on an e-Procurement platform at least once a month? (Note - Shopify merchants will typically qualify if they have been selling online)
Apply
https://www.ocbc.com/business-banking/accounts-and-services/start-digital/index.html
https://www.shopify.com.sg/shopify-singapore-subsidy
https://www.shopify.com.sg/blog/singapore-merchants-receive-up-to-2-500-with-the-digital-resilience-bonus

  

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