As announced at Budget 2021, to defray the cost of large scale deployment of automation solutions, eligible businesses can also apply for the 100% Investment Allowance on the qualifying equipment costs net of grant, capped at S$10 million per project. The 100% Investment Allowance scheme is available until 31 March 2023.
You may indicate your interest when applying for EDG. Enterprise Singapore will evaluate the application and advise if you are eligible for the Investment Allowance.
To support your company’s usage of automation and technology which can result in tangible benefits, significant growth and resource efficiency.
Scope of work can cover:
What is not supported: