Welcome to the Small Business Ideas Forum! We are a community of over 100,000 small business folks with over 163,000 posts for you to browse. We pride ourselves on being the friendliest forum you will find and we'd love to have you as a member of our community. Please take a moment and register for a free account. If you need any help, please contact Chris Logan.

Small Business Ideas Forum

Small Business Ideas Forum

A friendly place to share small business ideas and knowledge, ask questions, find help and encourage others that are involved in the small business industry. Topics include small business marketing, generating revenue and small business computing.

Go Back   Small Business Ideas Forum > General Issues > Marketplace
Register Search Today's Posts Mark Forums Read

Thread Tools
Old 21st September 2015, 04:29 AM   #1

Join Date: Jul 2015
Posts: 2
Default Increasing Sales And Increasing Productivity With The Innovation & Capability Voucher

Increasing Sales and Increasing Productivity with the Innovation & Capability Voucher (ICV) Part 1
What is Innovation & Capability Voucher (ICV)?

Innovation & Capability Voucher at a Glance
The Innovation & Capability Voucher (ICV) is a simple to apply, easy-to-use voucher valued at $5,000, to encourage SMEs to take their first step towards capability development. SMEs can use the voucher to upgrade and strengthen their core business operations through consultancy in the areas of innovation, productivity, human resources and financial management. Apart from consultancy, ICV also supports SMEs in the adoption and implementation of simple solutions to improve business efficiency and productivity. SMEs can use the ICV to implement productivity solutions under the supportable cost categories of (i) equipment & hardware, (ii) technical solutions & training, (iii) design & renovation. Each SME is entitled to a maximum of eight vouchers. Each ICV project must be completed before the submission of a new application. The duration for each project should not exceed six months.

All local SMEs can apply for ICV if they meet the following criteria:

Registered and operating in Singapore
Have a minimum of 30% local shareholding
Have group annual turnover of not more than $100 million OR group employment size of not more than 200 employees

Why use ICV?
Taking the first steps towards capability development? You can now defray the cost of consultancy projects in the areas of human resources, financial management, innovation and productivity and also implement simple solutions to raise productivity and improve your business efficiency with the Innovation & Capability Voucher (ICV).

However, there are 2 areas in which ICV can be used to enhance your business to increase sales and increase productivity. 1) Consultancy Projects, 2) Productivity Solutions. We will talk about this further in the next blog post so stay tuned!

So why not use the Innovation & Capability Voucher (ICV), a Singapore Government Grant that promotes the initiative to adopt new or current IT technologies that will help a business increase sales and increase productivity?

Visit The Colony Solutions to find out more about the claiming procedures of the Innovation & Capability Voucher (ICV)

* With effect from 1 December 2014, the scope of supportable productivity solutions under the Innovation & Capability Voucher (ICV) will be refined to help SMEs adopt solutions that bring out holistic and significant productivity improvements to their operations. The purchase of website and mobile application development will not be supported unless they are part of Integrated Solutions. More Integrated Solutions will be launched in 2015. SMEs are encouraged to take up Integrated Solutions which are easy-to-adopt packaged solutions that can enhance productivity holistically

maryjanebrown is offline   Reply With Quote
Register or log in to remove this ad.


Similar Threads
Thread Thread Starter Forum Replies Last Post
Tips For Increasing E-Commerce Sales PatprecisionE Ecommerce 29 2nd July 2014 07:53 PM
Increasing Web Design Sales? DigitalDoodler Sales 11 3rd April 2007 05:53 PM
Is your website increasing sales? What Industrial Businesses Need to Know moraviaspy Chat 0 27th May 2005 11:21 AM

Thread Tools

Get Updates
RSS Feeds:
RSS Feed for Marketplace RSS for this Category Only: Marketplace

RSS Feed for Small Business Ideas Forum RSS for Entire Forum
Forum Rules

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Small Business Ideas Forum

At Your Business - Small Business Directory
Free Business Forms - Prewritten Documents
Search Engine Guide
Small business guide to search marketing

Small Business Brief
Fetching the Best Small Business Info

Free Links - Free Advertising
Free Guide - Online Directory

Advertise your business here
Contact us for more details!

Semantic Juice
Register now to access free Quick SEO service!

Rocket Lawyer
Sign up for free 7 day trial. Boost your biz!

Buy UPC Codes
Get your products listed online!

All times are GMT -5. The time now is 01:19 AM.

Powered by vBulletin® Version 3.7.3
Copyright ©2000 - 2020, Jelsoft Enterprises Ltd.
Copyright 2004 - 2018 - Privacy