Retail and F&B: Digital Resilience Bonus

Click here for an updated article on the Digital Resilience Bonus.

In this period of crisis, COVID19 has exposed how vulnerable certain sectors are when it comes to their business processes.

The situation has also highlighted how important it is to have an online presence and digitally upgrade.

The IMDA is set to introduce the Digital Resilience Bonus to encourage enterprises to digitalise their business.

As a start, they have targeted the Retail and F&B sectors due to their consumer heavy natures.

How Does It Work?

By adopting digital solutions from pre-determined categories, Retail and F&B owners can receive bonus payouts for the respective categories (See Below).

For example, a business who adopts baseline, Category 1 and Category 2 solutions will receive a total bonus of $5,000.

If a business adopts solutions across categories, they can receive up to $10,000.

Stay tuned to our blog to find out more details on qualifying conditions which will be announced at a later date!

Here at EPOS we aim to help companies transform the way they do business with our POS system.

As a pre-approved vendor for the Productivity Solution Grant (PSG) our POS systems are automatically eligible for the grant. 

We work hand in hand with the government to assist SMEs in applying for PSG to help SMEs invest in long term technological solutions that would change and improve their business models.  

Feel feel to drop us a message or enquiry below.

Or reach out to us at 6871 8833 or [email protected]

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