DBS Grant worth $100,000: Financial Growth
Available for SMEs to kickstart their sustainability journey
I’ve received many messages from you all about your inclination towards creating a sustainable roadmap for your businesses. While many have already started walking on the sustainability path, some of you are still trying to figure out what works best for your business.
Amidst the hustle, what if you get a grant of SGD $100,000 to kickstart your journey towards sustainability.
Hell ya! Well that’s what I thought, who doesn’t want funding
So here I’m covering the Sustainable funding from DBS for Small and Medium businesses operating in Singapore, Indonesia, India, Hong Kong or Taiwan.
With sustainability becoming a top global priority, DBS Foundation believes 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 Foundation1 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.
What are the sustainability areas DBS supports?
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
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
Who can apply?
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
Application and Timeline
Applications received before Wednesday, 15 June 2022, 2359hrs (Singapore time, GMT+8) will be evaluated in 2022.
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