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Can We Claim Mobile App Development Via Spring ICV?

It is possible to claim mobile app development via Spring ICV. Spring Singapore offers small and medium enterprises (SMEs) an opportunity to apply for the Innovation & Capability Voucher (ICV) grant if they want to implement mobile apps that will help them to improve sales and productivity.

Mobile App Claim

The Innovation & Capability Voucher (ICV) is a voucher that offers $5,000 for SMEs to motivate them to take initial steps to achieve capability development. The SMEs are allowed to use the voucher for any projects that will strengthen and upgrade their main business operations in various areas including:

· Financial management

· Productivity

· Human resources

· Innovation

This grant also supports SMEs to adopt and implement solutions that will help to enhance their productivity and business efficiency such as mobile application development. Every SME is eligible for a maximum of 8 vouchers and it has to complete a mobile app development project before it applies for a new voucher. The projects should last for a maximum of six months.

Eligibility

To apply for the Spring ICV voucher, you have to be a local SME that is both registered and carrying out business within Singapore. You also need to have at least 30% Singapore shareholding. An SME can only quality if its group annual turnover does not exceed $100 million. In addition, the company should not have over 200 employees.

Application Process

The first step in the application process is to identify the specific area that you intend to use the voucher. You can use the voucher to create mobile apps for financial management, human resources, productivity, and innovation. Once you have identified a particular service, you should get in touch with a qualified service provide to discuss project details. The mobile app developer you select should agree to take on your project before you submit the application. The application can be submitted online and this makes it convenient for SMEs. Applications are done through the ICV Online Portal. The applications have to be processed within a maximum of three weeks after your submit all the necessary documentation. If you application is successful, you will be notified by email. When you complete your project, you have to approve the project report submitted by the mobile app developer you use before you submit it to Spring. It is important to note that there are specific providers who have been approved by Spring to offer the services you require to qualify for this voucher. Review the list of providers before you embark on your mobile application project. You can find a list of providers, contact persons, and contacts on the Spring website.

Mobile App Claim

Mobile App Development Projects

Mobile application projects can help SMEs promote their services and products on various platforms. The applications can be used to boost performance significantly because they are designed with a company’s target market in mind. Some of the mobile app development options that can qualify for ICV include:

· Android application development

· iPhone application development

· iPad application development

Android devices have gained a lot of popularity in Singapore over the years and this gives SMEs an opportunity to target a significant number of people through Android apps. Most of the Android apps tend to be quite fast and this makes them a better option when compared with other platforms. Any SME that wants to succeed and grow has to take advantage of the ICV voucher to implement an Android mobile app that is specifically designed to meet its needs.

An iPhone app development project can give SMEs a chance to tap into the growing number of iPhone users. People who use iPhones are known to be quite loyal to the brand and are willing to spend significant amounts of money on quality products. For this reason, they are a good target market for SMEs that deal with high end products. iPhone apps are also considered the most reliable.

iPad mobile app development allows SMEs to advertise their businesses to a larger audience. The app can be linked to a company’s online store to make it easy for customers to make purchases.

Small and medium companies may have limited capital for mobile app development and this is why the government has set up the ICV grant to make it easy for them to innovate and enhance performance.
 
 
 

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