$6.8m Digital Resilience Bonus bolsters food services and retail industry

The DRB payouts are used to support the digitalisation of SMEs.

2,700 companies in the food service and retail industry have qualified for the Digital Resilience Bonus, with grants totalling $6.8m.

The payouts, distributed between August and October, were introduced as part of Singapore’s Fortitude Budget, announced in the midst of the global pandemic in 2020.

The DRB payouts are given on top of other enhanced digitalisation support under the Infocomm Media Development Authority’s SMEs Go Digital programme.

As at September 2020, more than 50,000 SMEs have adopted digital solutions under the SMEs Go Digital programme.

“We introduced the Digital Resilience Bonus (DRB) to encourage our Food Services and Retail enterprises in their digital transformation journey. More SMEs are now seeing the benefits of digitalisation on multiple fronts, by reaching new customers with e-commerce and becoming more efficient in internal processes,” chief executive of IMDA Jane Lim said.

“We want to encourage SMEs that have not digitised to start doing so now, and for those who have started, to look at the next steps, during this period when the DRB and enhanced Productivity Solutions Grant are available,” she added.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia