Years of change have happened in weeks: Offline spending shifted rapidly online. Products rarely bought online are now e-commerce staples. Immediacy, convenience, and speed are top consumer demands nowadays.
Lockdowns, travel bans, and retail closures forced people to shop online, and the world’s largest retailers soon followed, in some cases selling direct to consumer (DTC) for the first time.
Is your business prepared for uncertainties?
You are unsure about the after-effects of this pandemic and worse still, how consumer habits have already changed after this pandemic that will affect how people buy from you.
Unfortunately, not all e-commerce newcomers had the technology and strategy in place to deliver a world-class customer experience.
We offer one of the most powerful and flexible e-commerce solution in the market. It’s built by experienced e-commerce specialists to help grow your business online and grow it fast.
You still have chance to tap on the Productivity Solutions Grant (PSG) to subsidize up to 70% of the cost to build your e-commerce solution with iFoundries and be well-prepared for this challenge!
But you have to act fast.
Ryan’s Grocery engaged iFoundries to develop a comprehensive e-commerce website to compliment their physical retail stores in Singapore, bringing their comprehensive range of the high-quality products to more customers with an omnichannel strategy.
Ryan’s Grocery online store saw a huge jump in sales during the COVID-19 ‘circuit-breaker’ measure in Singapore in 2020.
They were glad that they embarked onto e-commerce early.
Regardless the sector you are in, having a seamless e-commerce strategy that ties well with your existing brick-and-mortar business should be your priority now.
Seize the opportunity to tap on the Productivity Solutions Grant (PSG) to subsidize up to 80% of the cost to build your e-commerce solution with iFoundries. This grant may not last forever.
Act fast to help your business get well prepared.
The Productivity Solutions Grant (PSG grant) aims to support Singapore SMEs in the procurement of IT solutions and other applications to enhance productivity and accelerate digital transformation.
iFoundries’ e-commerce packages have been pre-approved for grant support of up to 70%* of the qualifying cost.
*Are you in the Food Services or Retail sector?
PSG grant will still support up to 80% from 1 April 2022 to 31 March 2023 under the Food Services & Retail Business Revitalisation Package!
To learn how you can leverage our e-commerce solutions to grow your business while tapping on the Singapore government’s grant support, talk to any of our growth consultants today.
“We realised having an online presence is necessary, when our business opened after CB, business was still down by 50%. Being online now has increased sales revenue by 20% despite COVID-19.”Fion
"Excellent job done by iFoundries team. Communication is good, and getting prompt response whenever I need help. Transparent work flow, leading to my website professionally done."U-Jin Ng
“Going digital has increased brand awareness for my business. Today, we sell over 200 products with e-commerce, ranging from food products to beverages, which includes all house-brand products.”Angie
“We are able to tailor customer experiences with increased direct interactions with end consumers, resulting in a growing source of revenue for our business.”Daniel
Established in January 2005, iFoundries is an established digital marketing agency in Singapore that has been empowering people and their businesses with bespoke digital growth strategies.
Offering an end-to-end suite of digital solutions including professional web design, iFoundries also help you build your audience with great digital content and user experience, grow your email list faster, attract and nurture your leads into sales through digital marketing and automation.
The PSG is a government grant in Singapore that supports local SMEs who want to utilize IT solutions and equipment for their business operations. PSG covers many IT solutions for various industries such as retail, construction, food, and also solutions in business management, processes and systems, such as customer management, inventory management, financial management. Check out a list of what PSG covers here.
SMEs must meet the following criteria to be eligible for PSG:
If you’re an SME registered and operating in Singapore with a minimum of 30% local shareholding and looking for IT solutions such as our eCommerce website development, you’re in luck! You’re eligible for the PSG.
For start-ups with less than 6 months of operating period, you can still apply for PSG, subject to an assessment by Enterprise Singapore (ESG).
As the PSG is a government grant, it is highly regulated by Enterprise Singapore. Our original PSG package cannot be modified. However, any additional features can be quoted by our company separately and they have to be invoiced separately from the PSG project. Kindly inform our Growth Consultant who can guide you further on this.
Yes, you can wait for the Letter of Offer to be given before paying a deposit to us. We will only start the work after the deposit has been paid.
The following annual recurring fees are applicable:
Applications are processed about 6 weeks from the submission of all required information.
Companies are strongly encouraged to submit their applications ahead of time to account for the application outcome and/or processing duration required.
Once an application has been submitted, companies may choose to proceed with the project before the application outcome. However, you will not be able to claim subsequently if the application is unsuccessful.
The following supporting documents are required for a successful PSG claim: