DIGITAL GROWTH SUBSIDY
The Digital Growth Subsidy is a subsidised support project for companies to grow and succeed in the digital economy.
The project is administered and executed by Evolve & Adapt (Singapore) and Evolve & Adapt Consulting SDN BHD (Malaysia), and is a commercial initiative supported by Grow Digital Pte Ltd.
STRATEGIC MARKETING ADVANCEMENT IN THE DIGITAL ECONOMY
The Digital Growth Subsidy was first introduced in 2020 to help businesses in specific areas of digital marketing.
On 1 Apr 2023, the Digital Growth Subsidy was restructured as a Strategic Marketing Advancement Project to fit the needs of businesses for post-pandemic growth in the digital economy.
The project has a fixed scope and up to 50% of the pre-scoped strategic marketing project is subsidised upfront for eligible businesses.
SCOPE OF STRATEGIC MARKETING ADVANCEMENT PROJECT
The fixed-scope project lasts 4 months and covers 4 main areas:
- Market Research & Analysis
- Strategic Planning
- Content Development
- Marketing Plan
Objectives of DIGS projects include:
- Increase Brand Equity
- Build Authority & Trust in the Market
- Increase Leads, Sales & Revenue
- Grow Your Business
SCOPE OF STRATEGIC MARKETING ADVANCEMENT PROJECT
The fixed-scope project lasts 4 months and covers 4 main areas:
- Market Research & Analysis
- Strategic Planning
- Content Development
- Marketing Plan
Objectives of DIGS projects include:
- Increase Brand Equity
- Build Authority & Trust in the Market
- Increase Leads, Sales & Revenue
- Grow Your Business
FEES AND SUBSIDY
The fees for the Strategic Marketing Advancement project are SGD50,000/ MYR150,000 and the Digital Growth Subsidy supports up to 50% of the costs upfront for eligible businesses.
Note:
- The Digital Growth Subsidy project has a fixed scope that was designed to fit the needs of most businesses for post-pandemic growth in the digital economy.
- For Singapore SMEs that require a full-scope customised branding or business strategy development project, they can consider the Enterprise Development Grant (EDG) funded through Enterprise Singapore. Learn more here.
ELIGIBILITY REQUIREMENTS
Be a Registered Business in Singapore (Sole Proprietorship, LLP/ PLT or Pte Ltd/ SDN BHD)
Have at Least 30% Local Shareholding (Singapore or Malaysia Respectively)
Have Less than 50 Employees OR Annual Revenue of No More than SGD25 Million/ MYR75 Million
The evaluation team reserves the right to approve/ reject an application at its absolute discretion.
HOW IT WORKS
If you are interested in the Digital Growth Subsidy and your company is eligible, fill in the form below to arrange a comprehensive project presentation and evaluation call.
By providing Evolve & Adapt with my personal data, I agree that Evolve & Adapt may collect, use and disclose my personal data for purposes in accordance with its Privacy Policy and the Personal Data Protection Act 2012. I understand that my personal data may be used for marketing purposes by Evolve & Adapt.
CORE SERVICES
Marketing Research & Analysis
Strategic Marketing & Branding Consultancy
Digital Marketing Consultancy
Business Strategy Development
CERTIFIED SINGAPORE MARKETING CONSULTANT
Evolve & Adapt is helmed by an Enterprise Singapore-recognised certified management consultant (TR 43: 2015) as per their Consultant Quality Initiative.
This allows SG companies who engage us to apply for the Enterprise Development Grant (EDG) to help offset consultancy-related costs (Up to 50% of eligible costs).
CERTIFIED SINGAPORE MARKETING CONSULTANT
Evolve & Adapt is helmed by an Enterprise Singapore-recognised certified management consultant (TR 43: 2015) as per their Consultant Quality Initiative.
This allows SG companies who engage us to apply for the Enterprise Development Grant (EDG) to help offset consultancy-related costs (Up to 50% of eligible costs).