Innovation & Capability Voucher (ICV)

Overview

The Innovation & Capability Voucher (ICV) is a simple to apply, easy-to-use voucher valued at S$5,000.

SMEs can use the voucher to upgrade and strengthen their core business operations through consultancy in the areas of:

  • Innovation

  • Productivity

  • Human resources

  • Financial management

  • Solutions

Apart from consultancy, ICV also supports SMEs in the adoption and implementation of simple solutions to improve business efficiency and productivity.


Eligiblity Criteria 
  • A company registered and operating in Singapore

  • Have a minimum of 30% local shareholding

  • Have an annual turnover of NOT more than $100 million or group employment size of NOT more than 200 employees


Benefits

Upon fulfilment of the above criterias, each SME is entitled to a maximum of 2X S$5,000 vouchers for each following of the 4 categories:

  1. Equipment & Hardware

  2. Technical Solutions & Training

  3. Design & Renovation

  4. Professional Services

SMEs may apply directly with SPRING to support the productivity solutions, on a reimbursement basis. The reimbursement will be made directly to the SME. All purchases must be made only after the indicated solutions/ items have been approved in the application.


How to Apply?

Apply online via the ICV Online Portal.

Please refer to the relevant sections under Consultancy Projects and Productivity Solutions for more information on the application process.

This scheme is administered by Spring Singapore and please click here for more information.

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CONTACT US TO GET A QUOTE, PROMOTION OR ANY FURTHER ENQUIRIES THAT YOU MIGHT INTERESTED.
CALL US AT +65 6235 0203!

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