Salesforce and the Singapore Business Federation (SBF), have announced the 120 successful recipients of the Salesforce Small Business Relief Grants Programme. Each recipient will receive a one-off cash grant of S$8,000 to address their immediate cash flow needs, preserve jobs, and embark on initiatives during this challenging period.
The 120 grant recipients included SMEs in industries ranging across manufacturing, healthcare, and freight forwarding. The 120 successful recipients will be able to use the grant for rental and other operating costs, employee payroll, skills upgrading, technology adoption, digitalisation, and business transformation.
Mr Lam Yi Young, CEO of SBF, said, “We are heartened to have the support from Salesforce to provide financial assistance to our SMEs during this challenging period. SMEs play an important role in our business ecosystem and may be vulnerable to the economic headwinds due to COVID-19. We encourage these 120 grant recipients to optimise the use of the grant to position their businesses for recovery and growth post-COVID.”
Pivoting strategies, fuelling operations, and exploring new possibilities
“Salesforce is thrilled to announce the 120 SME recipients of the Salesforce Small Business Grant Programme together with SBF,” said Ms Cecily Ng, Area Vice President and General Manager, Singapore, Salesforce. “SMEs have helped drive exciting innovation across Singapore. We are proud to be supporting them off the back of this challenging year, and we look forward to seeing how each grant recipient reimages their business for the future.”