Pay-outs to qualified enterprises will start from August 2020.
Processing time will take about 1 month, upon the submission of UENs by Providers of Qualified Solutions (or Supporting Banks) to IMDA.
Digital Resilience Bonus.Receive up to S$10,000.
Improve competitiveness and enhance productivity. Go digital.
As announced by the government during the Fortitude Budget, the Digital Resilience Bonus aims to help Food Service and Retail businesses digitalise, be resilient and adapt quickly to the fast changing COVID norms. If your business is in these sectors, you can get up to S$10,000 in bonus pay-outs when you use a pre-defined category of digital solutions.
How to qualify
Step 1
Be incorporated on or before 26 May 2020 as a Food Services or Retail business in Singapore.
You can check if your company’s Primary SSIC code is within the list on IMDA’s website.
Step 2
Have a PayNow corporate account with OCBC.
If you need help with activating your PayNow corporate account, visit our website for details.
Step 3
Have your business registered on the PEPPOL e-invoicing network.
To register for PEPPOL with OCBC, visit our website for details and you could also receive an additional S$200 pay-out.
Step 4
Adopt & utilise pre-qualified solutions by 30 June 2021.
solutions that qualify for the digital resilience bonus
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To learn more, email us at startdigital@ocbc.com.
Additional Information
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Disclaimer
You may be directed to third party websites. OCBC Bank shall not be liable for any losses suffered or incurred by any party for accessing such third party websites or in relation to any product and/or services provided by any provider under such third party websites.
FAQS
Some of the common questions that people are asking include:
How and when will I get by bonus?
How do I apply for the DRB?
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 according to the categories of digital solutions you use.
What other support is there for digital transformation?
Adopt any 2 foundational and easy-to-deploy solutions at no cost for 6 months with a minimum 18-month contract period.
Receive up to 80% funding for pre-approved technology solutions to improve productivity (until 31 December 2020).
Get supported as a Food Services enterprise in managing your food delivery costs, from 7 April to 30 June 2020. From 13 April to 31 December 2020, receive additional support to equip yourself with the tools and capabilities to optimise online delivery sales and build a strong digital presence.
For Retail enterprises, apply by 30 September 2020 to receive up to 90% funding support to set up your business online so that you can start selling your products on e-commerce platforms to local and overseas markets.
SMEs GO DIGITAL
To learn more about how you can go digital in other aspects of your life, visit http://www.imda.gov.sg/SMEsGoDigital.