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Singapore’s SMEs Go Digital Transformation Programme
Back in 2017, the Singapore Budget 2017 revealed the SMEs Go Digital Transformation Programme. The programme was built on the Enhanced iSPRINT foundation, with a more inclusive and structured approach.
The purpose of this programme was to help SMEs strengthen their digital capabilities through the use of technology, and to get them to be active participants in the digital economy.
About the SMEs Go Digital Programme
The SMEs Go Digital in Singapore programme covers three key steps, which SMEs must adopt to go digital. The first step is to ascertain if your business is in fact, digital-ready. The second step is figuring out how to get started, while the third step involves seeking additional help.
In the first step of the programme, SMEs will need to use the Industry Digit Plan (IDP) for the respective sectors to discover if in fact their business is digital-ready. Once that’s done, the can move onto step two of the Singapore SMEs Go Digital programme. In the second step, SMEs can take up pre-approved solutions with grant support to get started.
The third and final stage takes a look at where SMEs can go to for support. Support networks include the SME Centre, Consultancy Services (SME Digital Tech Hub), Government Grants, Project Management Services, and IMDA pre-approved SME-friendly digital solutions.
Going Digital Made Simple
SMEs Go Digital in Singapore is a programme which is designed to support SMEs step-by-step throughout their journey. This is regardless of what stage their business is in. The Industry Digital Plans (IDPs) are designed to do precisely that, provide advice on digital technologies every step of the way.
IDPs have already been rolled out for the industries such as environmental services, food services, logistics, media, security, retail and wholesale trade. For SMEs who are new to this digital technology area, the Start Digital Pack is available to help provide them with a boost in the right direction and position them for productivity, resilience and growth.
IMDA Partners with Industry Influencers
As part of its commitment to help support SMEs in their digitalisation, IMDA is partnering with the following partners to help build more impactful digital solutions:
- United Overseas Bank (UOB)
- DBS Bank
- Hong Leong Finance
- Maybank
- Overseas-Chinese Banking Corporation (OCBC)
- Singtel
- M1 Limited
- StarHub
- Institute of Technical Education
- Nanyang Polytechnic
- Agency for Science, Technology and Research (A*STAR)
- National University of Singapore
- Ngee Ann Polytechnic
- Republic Polytechnic
- Singapore Institute of Technology
- Singapore Management University
- Singapore Polytechnic
- Singapore University of Social Sciences
- Singapore University of Technology and Design
- Temasek Polytechnic