iSPRINT Packaged Solutions
Updated on 1 May 2017
What is iSPRINT?
As part of the move to simplify the grant application process, IMDA introduced the concept of pre-qualified infocomm packages supportable under iSPRINT. These bite-sized, ready-to-use solutions enable SMEs to start deploying IT into their operations quickly and easily.
The iSPRINT (Packaged Solutions) contains a list of solutions, both Off-The-Shelf and Pay-Per-Use that meet IMDA’s prequalification requirements.
What does iSPRINT cover?
How Do I Qualify?
Your business must meet the following requirements to qualify for iSPRINT.
You are a local SME with
- Company registered or incorporated in Singapore
- Minimum 30% local shareholding AND
- Company's Group annual sales turnover not more than S$100 million OR
- Company's Group employment size not more than 200 workers
The applicant company is only first time (1st) applying from iSprint or Spring Singapore for similar solution grants.
eig88.com Version 1.0.0 is one of the software listed under the iSPRINT program (Package Solution).
DETAILS OF EIG88.COM PACKAGED SOLUTIONS
1. Software falls under s/n 4 of the PIC IT and Automation Equipment List
Solution includes (Seller Core Features):-
– Upload Items
– Item Listing (Unlimited)
– Order Management
– Transaction Report
– Inventory Management
– Offer Management (Ability to negotiate offer)
Seller Core Feature training 2X user for 8 hours
Under the PIC Scheme, businesses enjoy 400% tax deductions/allowances for qualifying expenditure on net expenses incurred after iSprint grant in any of the Six Qualifying Activities from the Years of Assessment (YAs) 2011 to 2018. The PIC scheme will lapse after YA 2018. To determining the dates that expenditure is incurred for PIC cash payout purposes, please refer to https://www.iras.gov.sg/irashome/Schemes/Businesses/Productivity-and-Innovation-Credit-Scheme/Determining-the-dates-that-expenditure-is-incurred-for-PIC-cash-payout-purposes/.
Note: Terms and conditions apply.