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Available IT Funding

Productivity and Innovation Credit

400% Tax Deduction/Allowance - How it works
Businesses can enjoy 400% tax deduction/allowances on up to $400,000 of their expenditure per year in each of the six qualifying activities, instead of the 100% deduction/allowances under the existing tax rules.

Cash Payout Option - How it works
Eligible businesses can apply to convert up to $100,000 of their total expenditure in all the six qualifying activities into a non-taxable cash payout.

Can my business claim enhanced allowance on the development of software in Singapore?
If the software is developed for business use, enhanced allowance can be claimed on the development costs.

Will expenditure incurred on upgrading of software fall under PIC Automation Equipment?
Yes, expenditure incurred on software upgrades qualifies for enhanced allowance.


The Capability Development Grant (CDG) is a financial assistance programme of SPRING Singapore aimed to build the business capabilities of SMEs across 10 key business areas. The CDG funds up to 70 per cent of qualifying project costs in the areas of consultancy, manpower, training, certification, upgrading productivity and developing business capabilities for process improvement, product development and market access. This is to enable SMEs to more effectively compete and grow their business in Singapore and globally.

The Capability Development Grant (CDG) is a financial assistance programme that aims to help SMEs defray up to 70% of qualifying costs*, relating to:

  • Brand & Marketing Strategy Development
  • Technology Innovation
  • Productivity Improvement
  • Business Excellent
  • Service Excellent
  • Business Strategy Innovation
  • & more

iSPRINT Funding For Packaged Solutions If you are planning to implement an infocomm solution to improve your business operations, you can contact IDA to get advice on the assistance that is suitable for your infocomm project.

Eligiblity and Grant info
70% of qualifying costs; grant quantum determined on case-by-case basis

Contact us today for a Free Consultation

Odoo Coverage

Odoo ERP equips SMEs day to day operations. With Odoo, it is quick and easy to take informed decisions.

Odoo modules offers:

  • Smooth integration between apps
  • Business analytics on products, customersTrack the profitability per product, per service line, per customer.
  • Track the profitability per products, per service line, per customers.
  • Powerful accounting system with multiple chart of accounts.

Grow with your business. Spend more time on building you business and less time in aggregating meaningful reports.

Odoo is an open source suite of business application.

There are currently more than 2 millions users of Odoo worldwide today. The popularity of the software is due to its unique range of features. Odoo includes modules such as:

  • Sales/CRM
  • Purchase
  • Warehouse
  • Accounting
  • HR/Payroll
  • ...and many more such as on line chatter, calendar, Google integration etc.

Furthermore, it can also be finely tuned to any business. As it is an open source software, Odoo can be modified, customised, and integrated with the existing systems.

Grant Application for Advanced Solutions

GET CDG, PIC, iSPRINT GRANTS and more for your info-comm projects
Free Assessment for Approval on Case-by-Case

Your business can enjoy 400% tax deductions/ allowances and/or 60% cash payout for investment in innovation and productivity improvements under the Productivity and Innovation Credit (PIC) scheme. The tax benefits under PIC are availableon investment in any of these qualifying activities.

Contact Us for more information.

Email Marketing

E-mail marketing is a form of direct marketing which uses electronic mail as a means of communicating commercial or fund-raising messages to an audience.

It is an easy, effective, and affordable way to keep in touch with your current customers and to reach out to your prospective customers.

Contact Us for more information.

Bona Technologies Group of Companies
Singapore Odoo ERP Solutions |Retail Point of Sales |Customized Software
Singapore Websites |Singapore Databases |Branding Consultancy | Overseas Expansion | Globalization
(+65) 9679 6966 | (+65) 9687 4622 | (+65) 9047 0443 | (+65) 6367 0848 | Digital@Webboe.com
Suntec Tower Two, 9 Temasek Boulevard # 29-01, Singapore 038989 | Copyright 2007 - 2019 - All Rights Reserved

* Subjected to conditions and eligibility - Contact Us today for a FREE DISCUSSION