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SME Grant Programme

Transforming SMEs into sustainable
businesses of impact

SME Grant Programme

 

Overview

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Small and medium-sized enterprises (SMEs) form the backbone of many economies in Asia, providing crucial employment and contributing significantly to the region’s GDP. With sustainability becoming a top global priority, we believe that SMEs collectively have the power to move the needle create a positive impact when they transform their businesses to adopt more sustainable and inclusive models.

DBS Foundation recognises this opportunity and has launched a new category under our flagship grant programme to empower and enable SMEs to become businesses that create social and environmental impact.

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Who are we looking for?

SMEs that want to kickstart their sustainability journey. SMEs must have:

  • Been registered in Singapore, Indonesia, India, Hong Kong or Taiwan
  • An established business model and proven track record in sales and profitability
  • Innovative solutions they want to embark on to tackle environmental and/or social issues
  • Focus and clarity on plans to integrate sustainability into business operations
  • Strong leadership and team experience with clear commitment towards building a sustainable business
 

What are the sustainability areas we support?

We are awarding grants up to SGD 100,000 to enable SME to implement solutions to be more sustainable, with the ability to track and measure their impact achievements. The sustainability areas include:

Reducing energy consumption

  • Implement clean energy solutions in business facilities
  • Adopting clean energy solutions in business facilities and reducing energy consumption
  • Upgrading or adopting green equipment that can be energy efficient

Reducing waste

  • Reduce, reuse, recycle waste. This can include but is not limited to agricultural, electronic, food, municipal and plastic waste

Sustainable supply chains

  • Source sustainable raw materials and products
  • Improve traceability and transparency of supply chain
  • Research and develop new sustainable materials for products or packaging
  • Improve transportation and logistics management
  • Improve supply chain processes to comply with fair trade standards
  • Engage ESG inspection, verification, testing and certification services

Watch how Ento Industries innovate a new business line to reduce food waste and offer sustainable, upcycled solutions.

 

Application and Timeline

Applications received before Wednesday, 15 June 2022, 2359hrs (Singapore time, GMT+8) will be evaluated in 2022. Applications received thereafter will not be considered for this year’s evaluation period.

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Before you begin the application, here are some important information to know:

  • Be sure to read the eligibility and evaluation criteria
  • Organise your responses offline and save a separate working copy for your own record before loading answers to the form online
  • Set aside uninterrupted time of 30 minutes to complete
  • Only online submission will be taken as final. Submission via other means will not be considered.
  • Only one application will be accepted per entity
  • If multiple applications are submitted for the same entity, only the most recent submission will be considered before the closing date
  • For best user experience, please use a laptop or a desktop instead of a mobile phone

Important materials to have:

  • Latest financial statements (2020, 2021)
  • Pitch deck
  • Videos
 

Frequently Asked Questions

1. Application

No. All applications need to be submitted through the online form. Submissions via other means will not be accepted.

Successful submissions will be acknowledged will receive an auto-generated acknowledgement of receipt of your online application via email.

If your submission is before the deadline of Wednesday, 15 June 2022, 2359hrs (Singapore time, GMT+8), you may submit a new application form. We will take the latest submission copy for evaluation.

No. We will only accept one application per SME. The same SME that submits multiple applications for different funding purposes in the same application period will be disqualified.

2. Eligibility

We’re looking for SMEs that are traditional businesses that are commercially driven and are just starting to think about incorporating sustainability into their operations.

SMEs must be registered as a legal business entity in Singapore, Indonesia, India, Hong Kong and Taiwan. No minimum local shareholding is required.

No. The grant programmes for SEs and SMEs serve different profiles of businesses and support different purposes. SEs are usually at an earlier stage of the business and already have core social and environmental missions whereas SMEs are at a more stable and mature stage in revenue and are just starting to think about incorporating sustainability into their operations.

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