Digital Resilience Bonus
Digital Resilience Bonus – DRB
Being part of the SMEs Go Digital Programme to enhance business digital capabilities, the Digital Resilience Bonus (DRB) is introduced to further improve competitiveness and productivity. For a start, the DRB will be focusing on the Food Service and Retail sector. This particular industry is directly affected by the safe distancing measures while the economy opens up in phrase 2.
What is the DRB payout structure?
The Digital Resilience Bonus (DRB) will provide qualified businesses a bonus payout of up to S$10,000. There will be three categories namely:
Category 1: Business Process Solutions (S$2,500 payout)
Businesses are required to use all 3 qualified solutions as shown below for at least once a month.
Food Services:
- Accounting
- HR/Payroll
- Digital Ordering (Dine-in/Takeaway)
Retails:
- Accounting
- HR/Payroll
- Inventory Management
Category 2: Digital Presence (S$2,500 payout)
Businesses are required to implement a qualified solution that will provide Online Shopfront or Online Food delivery to acquire sales at least once a month. Or making purchases on an e-Procurement platform for at least once a month.
Examples are e-Commerce, e-Procurement, and Food Delivery Platforms.
Category 3: Data Mining and Analytics (S$5,000 payout)
Businesses adopt qualified data mining and analytics solutions to gain insights on how to improve operations for at least once a month. This will enable you to optimise your business outputs through analysing relevant data.
If you have implemented any of the 3 categories for at least once a month, your Solution Provider (or supporting banks) will submit your UEN to IMDA to release the bonus payout base on the category. You may help to remind your Solution Provider to do so.
Who are the qualified Solution Providers for DRB?
Solution list:
- Accounting (436.69KB)
- HR Payroll (456.98KB)
- Dine-in Takeaway (394.16KB)
- Online food delivery or e-Procurement (386.33KB)
- Inventory Management (474.03KB)
- e-Commerce (513.74KB)
What are the business activities that qualify for the DRB?
You are qualified for the DRB If your business activities are one of the SSIC listed below:
- 56111 Restaurants
- 56112 Cafes and coffee houses
- 56121 Fast food outlets
- 56122 Food courts, coffee shops, and eating houses (with mainly food and beverage income)
- 56123 Snack bars and food kiosks (mainly for takeaway)
- 56140 Stalls selling cooked food and prepared drinks (including stalls at food courts and mobile food hawkers)
- 56201 Food caterers
- 56202 Canteens
- 56130 Pubs
- 10712* Manufacture of bread, cakes, and confectionery
And Retail Sectors – List of Retail SSIC (412.40KB)
How do I apply for the DRB?
You do not need to submit an application form for the DRB. However, there are some qualifying conditions to be met as follow:
- The company must be registered with ACRA on or before 26 May 2020.
- The company/business has an active PayNow Corporate account.
- The UEN is on the PEPPOL e-invoicing network.
Adopt any of the digital solutions between 1 June 2020 and 30 June 2021 from the Providers of Qualified Solutions (or Supporting Banks), and they will submit your UEN to IMDA to process the claim.
IMDA will then credit the Bonus into your PayNow Corporate account according to the categories of digital solutions you use.
When will my company receive the bonus payout?
Payouts to qualified enterprises will start from August 2020.
Generally, the processing time will take about 1 month, upon the submission of UENs by Providers of Qualified Solutions (or Supporting Banks) to IMDA. To prevent any delay of the payout, businesses may remind the Solution Provider to submit the company UEN to IMDA in a timely fashion.
