QT&T Consulting (Asia) Pte Ltd
Cloud Leverage Cloud to create

secure, flexible, dynamic and cost effective business solutions.

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Data Unleashing the power of

Data to extract knowledge, insights and predictions.

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Service Innovating services

and empowering people in a world of technology

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Project Making Project management

indispensable tool for business results.

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Mobility Making the enterprise mobile

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For Solutions

Grants and Funding for IT Solutions

PIC Grants
The PIC Scheme was introduced by the Singapore Government to encourage businesses in Singapore to improve their capabilities and enhance competitiveness by investing in a range of qualifying activities that improve productivity and facilitates innovation. We highly recommend and encourage all businesses to take advantage of the PIC scheme, as all of our products and services offered below are claimable for PIC .

All SMEs are eligible for the PIC grant, which is available for up to 5 years. However, all the qualifying expenditure must be incurred between the basis periods for Years of Assessment (YA) 2011 to 2018.

Likewise, all businesses also enjoy a PIC Bonus from YAs 2013 to 2015 – a dollar-for-dollar matching cash bonus offered in addition to the 400% tax benefits and 60% cash payout

The following example shows how much you can get back via the PIC Grant.
a. Assuming Company X invests $15,000 in IT Software

IRAS will pay Company X $15,000 (as PIC Bonus, $1 to $1 matching) AND IRAS will pay Company X 60% of $15,000 which is $9,000.

So in total, Company X will get back $24,000 but the investment made by Company X is only $15,000!

To know more about PIC Grants , click here.

IT Solutions Eligible for PIC Grants

 Project Management Tool - CANEA Projects
 IT Service Management Tool – ServiceNow, Remedy
 Performance Management -QPR Metrics
 Process Improvement -QPR Process Analyser&Enterprise Architect
 Data integration – Fiorano Enterprise Data Integrator (including Cloud &SAP)
 Document Management Tool - CANEA Docpoint , Secure Dropbox
 Business Intelligence&Data Analytics - Actuate
 BigDatasolutions – HADOOP, R
 Workflow Management Tool - CANEA Improof
 IT Security Software - Two Factor Authentication Software , Cloud Id Broker
 ERP Solutions – Odoo (OpenERP)
 Cloud Solutions – Secure DropBox
 CRM Solutions – Odoo (OpenERP) ,Skydesk
 Website Development and CMS– Joomla , Odoo(OpenERP)
 Mobility Solutions