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✅ Business entity that is registered/incorporated in Singapore
✅ At least 30% local shareholding
✅ Company’s Group Annual Sales Turnover of not more than S$100 million, or
Company’s Group Employment Size of not more than 200 workers
✅ Purchase/lease/subscription of the Equipment or IT Solution must be used in
Singapore

Important: The company must not have:
i. Made any payment to a supplier, vendor or third party in relation to the
purchase/lease/subscription of the IT solution or equipment
ii. Signed any contract with a supplier, vendor or third party in relation to the
purchase/lease/subscription of the IT solution or equipment
Otherwise, the application will be rejected