High%20impact%20designs%20for%20influenc

Digital Resilience Bonus

Digitalisation is a key enabler for businesses to improve their competitiveness and productivity, so that they can emerge stronger. It will also help businesses to be more resilient and adapt to new post-COVID norms.

The Digital Resilience Bonus (DRB) aims to uplift the digital capabilities of a broad base of enterprises in the Food Services and Retail sectors, which are more affected by safe distancing requirements in the reopening of the economy.

The DRB is given on top of enhanced digitalisation assistance provided under the SMEs Go Digital programme. Food Services and Retail enterprises that have PayNow Corporate accounts without suffix, e-invoicing, and use pre-defined categories of digital solutions for Business Processes, Digital Presence and Data Mining and Analytics can receive bonus payouts of up to $10,000.

Who can apply?

1. Does my UEN fall under the Food Services or Retail sectors as at 26 May 2020?

2. Is my UEN incorporated before 26 may 2020?

3. Does my UEN have an active PayNow Corporate account?

4. Is my UEN using InvoiceNow?

If your answer is 'Yes' to all the above, you can proceed to assess your eligibility for category 1,2 or 3 below.

If any of your answers is 'No' in this checklist, you may approach a Supporting Bank to help you with your PayNow Corporate account and registering your UEN on InvoiceNow.

Category 1 - Business Process Solutions ($2,500 payout)

5. Is my enterprise using all 3 qualified solutions below at least once a month?

Food Services:

  1. Accounting

  2. HR/Payroll

  3. Digital Ordering (Dine in/Takeaway)

Retail:

  1. Accounting

  2. HR/Payroll

  3. Inventory Management

If your answer is ‘Yes’, you are eligible for a $2,500 payout, provided your Solution Provider submits your UEN to IMDA, when there is evidence of your usage. You can help to remind your Solution Provider to do so.

Category 2 – Digital Presence ($2,500 payout)

6. Is my enterprise using a qualified solution to enable sales via an Online Shopfront OR via Online Food Delivery at least once a month? OR is my enterprise making purchases on an e-Procurement platform at least once a month?

If your answer is 'Yes', you are eligible for a $2,500 payout, provided your Solution Provider submits your UEN to IMDA, when there is evidence of your usage. You can help to remind your Solution Provider to do so.

Category 3 – Data Mining and Analytics ($5,000 payout)

7. Is my enterprise using a qualified solution for Data Mining and Analytics to obtain insights on how to improve my operations at least once a month?

If your answer is 'Yes', you are eligible for a $5,000 payout, provided your Solution Provider submits your UEN to IMDA, when there is evidence of your usage. You can help to remind your Solution Provider to do so.

How do I Apply?

There is no need for you to submit any application form.

Providers of Qualified Solutions will submit your UEN to IMDA if you are using the solutions between 1 June 2020 and 30 June 2021.

IMDA will credit the Bonus into your PayNow Corporate account without suffix according to the categories of digital solutions you use.