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Automation Support Package

Benefit from grant, tax and loan support to defray the cost of large-scale deployment of automation solutions.

Purpose of the Scheme

The ASP, which was introduced at Budget 2016, aims to encourage companies to automate, improve productivity and scale up.

It supports projects that involve larger-scale deployment of automation solutions across the company’s operations, resulting in significant improvements in productivity and manpower efficiency.

Funding Support

ASP consists of the following components:

  1. Grant support under Enterprise Development Grant for up to 50% of qualifying costs (equipment, training and consultancy), with a grant cap of S$1 million, for both SMEs and non-SMEs to adopt automation solutions.

  2. Tax Incentive: 100% Investment Allowance for automation equipment.

  3. Loan: Up to $15 million for automation equipment. Click here for more information on SME Equipment Loan.

To Apply

Please submit your application under EDG, Innovation and Productivity category. Enterprise Singapore will evaluate the application and advise if you are eligible for the tax and loan incentives under ASP.

Companies may also refer to the list of pre-scoped solutions and equipment on Productivity Solutions Grant (PSG) to support smaller scale automation efforts.
For less extensive automation efforts, companies can continue to explore EDG.

Resources

Tech Depot

For More Info

Enterprise Singapore

230 Victoria Street #10-00
Bugis Junction Office Tower
Singapore 188024

1 Fusionopolis Walk
#01-02 South Tower, Solaris,
Singapore 138628

Learn more about the Singapore Budget 2019.

From startup to scale-up, discover government initiatives and schemes that will help transform your business.

Last Modified Date: 01 Apr 2019