Applicants must meet the following eligibility criteria at the point of application:
a) must be a SME
b) must be registered in Singapore
c) must have 30% local shareholding ownership criteria
d) purchase/lease of the equipment must be used in Singapore
e) must not have:
- Made any payment to a supplier, vendor or third party in relation to the purchase/lease of the equipment
- Signed any contract with a supplier, vendor or third party in relation to the purchase/lease of the equipment
Description
SAP Business One is an integrated business management application which includes core functions such as financials, inventory management, sales, purchasing, operation and logistics to address business requirements for both operations and management. The solution streamlines business operations to provide better visibility of the end to end process from clients’ engagement to order fulfilments.
Mode of Payment
Direct Purchase
Support Level
70% for SMEs
Things to Note
≥30% ordinary shares (ultimate individual ownership) held directly/indirectly by Singaporean/PR
Interested companies can get a quotation from the pre-approved vendor, before applying for the PSG through the Business Grant Portal (BGP).