Digital Resilience Bonus (DRB) - What You Need to Know About DRB
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What is Digital Resilience Bonus (DRB)?

Amidst the current COVID situation, digitalisation is absolutely essential to survival. That’s where Singapore’s Digital Resilience Bonus (DRB) comes into play, helping hard-hit businesses in the F&B and Retail sectors to tide through this difficult season, by improving their digital capabilities and increasing their business reach.

 

The DRB is a bonus payout of up to $10,000, meant to supplement the existing SMEs Go Digital scheme. The DRB payout can be utilised in various ways within a set range of digital solutions. They range from setting up e-Payment options (such as PayNow Corporate) for cashless transactions and reduced physical interaction, to setting up an e-Commerce or Food Delivery platform for customers to order your items from the comfort of their homes, helping to expand your market reach beyond physical storefronts.

OOm stands ready to assist your business in adopting SEO and SEM solutions, giving you an edge over your competitors and helping you turn adversity into opportunity today.  Here are some of the most common FAQs that businesses may have:

It depends on your business UEN. Under the existing scheme, these SSICs are eligible for the DRB:

SSIC Business Description
56111 Restaurants
56112 Cafes and coffee houses
56121 Fast food outlets
56122 Food courts, coffee shops and eating houses
56123 Snack bars and food kiosks
56140 Food court or mobile food hawkers with stalls selling cooked food and prepared drinks
56201 Food caterers
56202 Canteens
56130 Pubs
10712* Manufacturers of breads, cakes and confectionary

* only applicable to companies with shopfronts

Just like F&B businesses, it depends on your business UEN. There are numerous SSICs eligible for DRB, ranging from supermarkets and department stores to raw parts and hardware. Visit IMDA’s webpage for the full list of retail SSICs.

Besides having an SSIC that is on either approved list, your business must be incorporated on or before 26 May 2020, have an active PayNow Corporate account, and utilise the nationwide InvoiceNow E-invoicing network.

In such a scenario, you may submit an appeal to IMDA, subject to their evaluation and approval. The links to the forms are as follows:

 

F&B: https://form.gov.sg/#!/5eeb8c73d03be4001155abfa

Retail: https://form.gov.sg/#!/5eec6015774dfa0011ea2d54

Business owners do not need to apply for the DRB themselves, but enlist the help of their chosen Digital Solutions provider to apply on their behalf to IMDA, with their UEN and usage information.

Upon submission of UENs by designated providers of Qualified Solutions, you should receive the payout in your PayNow Corporate account in approximately one month’s time from the submission date.

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