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VWOs-Charities Capability Fund, VCF Innovation & Productivity Grant - Adoption and Scaling of Innovation and Productivity Improvements

“Funds are provided to support Social Service Agencies in the adoption and scaling of innovation and technology solutions that will optimise resources and improve productivity for the organisation/sector. Specifically, there are two components: a) Adoption of Innovation and Productivity Improvement Projects; supports any relevant projects that are not related to IT Adoption, Pre-scoped Consultancy and Research b) Scaling of Innovation and Productivity Improvement Projects; supports larger scale productivity projects ”
Funding Quantum 👇
“For a one-time implementation costs, which include 1st year subscription and maintenance cost – Up to 80% of the approved project cost or actual expenditure, whichever is lower, capped at $300,000 For 2nd and 3rd year recurrent costs (e.g. subscription and maintenance fees) – Up to 50% of the approved recurrent costs or actual expenditure, whichever is lower ”
Application Process 👇
“For a one-time implementation costs, which include 1st year subscription and maintenance cost – Up to 80% of the approved project cost or actual expenditure, whichever is lower, capped at $300,000 For 2nd and 3rd year recurrent costs (e.g. subscription and maintenance fees) – Up to 50% of the approved recurrent costs or actual expenditure, whichever is lower ”
Notes 👇
Funding will be disbursed in three tranches: 50% upon signing of Funding Agreement, 40% upon submission of required documents within 5 months after project completion, and 10% upon submission of required documents within 26 months of project completion
Link 👇
https://www.ncss.gov.sg/grants-search/detail-page/VCFIPGAdoptingandScalingofInnovationandProductivityImprovements