Singapore FinTech Association



3681730339725APPLICATION & DECLARATION FORM0APPLICATION & DECLARATION FORMMAS-SFA-AMTD FINTECH SOLIDARITY GRANTGrant InformationThe MAS-SFA-AMTD FinTech Solidarity Grant is a S$6 million fund established by the Monetary Authority of Singapore (MAS), Singapore FinTech Association (SFA) and AMTD Group and AMTD Foundation (collectively known as AMTD). SFA is the grant administrator and will review and assess the applications.The Solidarity Grant comprises:Business Sustenance Grant (BSG)To help SG Fintech tide through this COVID-19 period & save jobsBusiness Growth Grant (BGG)To foster the continued growth of Singapore-based FinTech companies and help the companies offset their POC costs.EligibilityBe registered and in operation in Singapore for at least 3 months before grant applicationHave at least 2 or more core activities in SingaporeBe an SFA member with a valid SFA Fintech Certificat279927335975ionOnly 1 application is allowed per company or Group of related companiesKPIs Requirement12 months after disbursement of grant:Remain registered and operating in SingaporeNo reduction in headcount at the end of the project period, but if necessary and inevitable, not more than 20% headcount reductionSFA member with a valid SFA Fintech Certification throughout the periodAdditional KPI for Business Growth Grant:?POC must be successfully completed on the APIX platform and receive a certificate of completion from APIXCap on Grant1. Business Sustenance Grant (BSG): S$20,000.Wage Support – Up to?S$2,000?per month,?per local staff (incl. local founders & directors)?& S$1,000/month per local undergraduate intern for up to 6 months, Rent Support – Up to S$4,000?for up to 6 months for office space in?Singapore?locations2. Business Growth Grant (BGG):30 or less staffMore than 30 staffFirst Application70% of qualifying costs capped at S$40,00070% of qualifying costs capped at S$40,000Second - Fifth Application70% of qualifying costs capped at S$10,000 per application70% of qualifying costs capped at S$10,000 per applicationInternship Funding100% funding of each local undergraduate intern involved in the POC/project up to S$1,000 per month per intern, capped at S$10,000100% funding of each local undergraduate intern involved in the POC/project up to S$1,000 per month per intern, capped at S$20,000Overall CapS$90,0000S$100,000No Duplicate Funding. Grant is for the portion not funded by the government or other grants (including Business Growth Grant for Business Sustenance Grant, and vice versa)This application form contains 7 printed pages. Applications that are not fully completed will not be considered.BUSINESS SUSTENANCE GRANT (BSG) (Please complete based on the support that you are applying for) * Attach additional pages if necessaryBSG - WAGE SUPPORT (EXCL. BONUSES AND EMPLOYER CPF CONTRIBUTION)NameEmployee Type (Staff/Intern)Total Gross Salary1 Feb 20 to Jul 20(A)Total Grant Received under JSS2 Feb 20 - Jul 20(B)OtherGrant Amount3 (C)Total Gross Salary Applying under BSG - Wage Support (A-B-C)NoteFor Feb 20 to Apr 20, please use actual gross salary paid. For May 20 to Jul 20, please use expected gross salary To calculate the expected grant under Job Support Scheme (JSS) for Feb 20 to Jul 20 gross salary, you may use the calculator at IRAS website (). Please ensure you select the correct industry.Please state the amount from any other grant (other than JSS) that will be providing wage support for the period of Feb 20 to Jul 20.BUSINESS SUSTENANCE GRANT (BSG) - RENT SUPPORT?Total Gross Monthly Rental?Feb 20 to Jul 20(A)Total Rental Rebate?Feb 20 to Jul 20(B)Total Gross Monthly Rental Applying under BSG - Rental Support (A - B)BUSINESS GROWTH GRANT (BGG) (Please complete based on the support that you are applying for) BGG - WAGE SUPPORT (EXCL. BONUSES AND EMPLOYER CPF CONTRIBUTION)* Attach additional pages if necessaryNameEmployee Type (Staff/InterN)PLEASE STATE THE pERIOD OF CLAIM (FEB 2020 onwards only)Total Gross Salary1 FOR the period(A)Total Grant Received under JSS2 For the period(B)Other Grant Amount3 (C)Total Gross Salary Applying under BGG - Wage Support (A-B-C)NoteSalaries of staff and undergraduate interns involved in the development and implementation of the project (this refers to the basic monthly salaries which includes employee's CPF contribution; excludes employer's CPF contribution, annual wage supplements, bonuses, allowances (fixed and variable) and overtime Staff whose salary has been claimed under BSG - Wage Support should not be claimed under BGG - Wage Support. To calculate the grant under Job Support Scheme (JSS), you may use the calculator at IRAS website (). Please ensure you select the correct industry.Please state the amount from any other grant (other than JSS) that will be providing wage support for the period of claim.BUSINESS GROWTH GRANT (BGG) - PROFESSIONAL SERVICES* Attach additional pages if necessaryProfessional ServicesCONTRACT/INVOICE AMOUNTCONTRACT/INVOICE DATE (from 1 Feb 2020 onwards)BUSINESS GROWTH GRANT (BGG) - HARDWARE & SOFTWARE* Attach additional pages if necessaryHARDWARE/SOFTWARECONTRACT/INVOICE AMOUNTCONTRACT/INVOICE DATE (from 1 Feb 2020 onwards)BUSINESS GROWTH GRANT (BGG) - OTHER COSTS* Attach additional pages if necessaryOTHER COSTsCONTRACT/INVOICE AMOUNTCONTRACT/INVOICE DATE (from 1 Feb 2020 onwards)Note: Professional Services (e.g. consultancy, cybersecurity testing, IT audit, training, change management) must be related to the project. Hardware and Software, including licenses, maintenance and subscription costs, must be related to the project. Other Costs must be related to the POC on APIX.CONFLICT OF INTERESTIs the shareholder/employee/director/founder of the applicant a member of the EXCO/staff of Singapore Fintech Association or affiliated to a member of the EXCO / staff of Singapore Fintech Association? *YES / NOIF YES, PLEASE PROVIDE DETAILS* Affiliated refers to the following: spouse, child, adopted child, step-child, brother or sister or parentIs your company providing or bidding for products or services, have a direct or indirect interest in any business transaction(s), agreement, investment with SFA?YES / NOIF YES, PLEASE PROVIDE DETAILSPersonal Data Use StatementBy providing the information and submitting this application, I give my consent to Singapore Fintech Association (SFA)?and?relevant third parties,?referred to in SFA’s Privacy Policy, which can be found at??(Privacy Policy),?to collect, use, and disclose the information (including any updates) for the purposes of processing and administering this application and in the manner and for the purposes described in the?Privacy Policy. Where personal data of a third party is provided by me/us, I represent and warrant that I have obtained the consent of the third party to provide you with their personal data for this application. I?understand that I?may withdraw my above consent by contacting SFA at?hello@.?Please refer to?Privacy Policy for more information, including access and correction of personal data and consent withdrawal.DECLARATION1. I declare that I am applying as the official representative of the applicant.2. I declare that the information provided in this application and sheets attached hereto?is?true to the best of my knowledge and belief and that I have not wilfully suppressed any material fact.3. I declare that?the full amount of the?grant received will be used for the purpose?for which?it was approved for.4. I confirm that I understand and agree to the collection, use and disclosure of my personal data as stated in the “Personal Data Use Statement” above.5. I?acknowledge and?agreed that SFA reserves the rights to?rescind?the?grant, and I agree to return the full amount of the grant received, if?There was any wilful suppression of any material fact in the applicationThere is any abuse of the grant including but not limited to the use of the grant for non approved expensesThe KPI requirements were not achieved at the end of the grant periodThere was duplicate funding?between the MAS-SFA-AMTD FinTech Solidarity Grant programme and other Government Grants.in each case,?as may be determined by SFA in its sole and absolute discretion.6. I consent to the audits conducted by SFA on the use of the grant and will provide my full cooperation in the audit. Any failure of full cooperation could result in the?rescission?of the grant.7. I agreed that SFA reserves the rights to deem any of the submitted costs as a non-qualifying cost.8. I agreed that all decisions made by SFA with regards to the approval and disbursement of?the?grant is final and at its sole and absolute discretion.9. I have read and acknowledged that the applicant fulfils all eligibility criteriaNAME OF AUTHORISED SIGNATORY: (Dr/Mr/Ms)????DESIGNATION: ?????AUTHORISED SIGNATURE:?????(Please print the form out and sign)DATE: ?????????? / ?????????? / ???????? ??????? ................
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