Enterprise Innovation Scheme (EIS)

What is Enterprise Innovation Scheme (EIS)?

The Enterprise Innovation Scheme (EIS) is a government initiative introduced in Budget 2023 to encourage businesses in Singapore to invest in innovation, research, and capability-building. It enhances existing tax deductions and allowances for qualifying activities, such as R&D, IP registration, innovation projects, and training.

Enhanced Tax Deductions:

Up to 400% tax deduction (or allowance) on qualifying expenditure in key innovation areas.

Cash Conversion Option:

Eligible businesses, especially SMEs, can opt to convert up to S$100,000 of total qualifying expenditure into a cash payout of up to S$20,000 per YA

Activities Covered

R&D in Singapore, registration of IP, acquisition and licensing of IP rights, innovation projects with polytechnics/ITE, and workforce training.

To accelerate enterprise-led innovation,encourage adoption of new technologies, and help businesses build capabilities to compete globally.

jayden

08:11 17 Sep 25

Really enjoy the bread making class.👍

heng jenny carat

08:10 17 Sep 25

Pleasant environment and experienced trainers

Anonymous Anonymous

10:17 16 Sep 25

Very bad experience paid money for learn not there to ashamed by you. Pan tsien choong
Trainer should try to put down your ego,stay humble never act above others.
Will suggest a course for him to be a better lecturer to improved his teaching skills.
Had been so many times of attend course this really an unpleasant experience!!!

Gala Lorien

07:32 16 Sep 25

Amirul Airil

07:07 16 Sep 25

Great lessons n knowledges

Charles On

09:42 15 Sep 25

Vincent is excellent

Jason Yun

08:42 15 Sep 25

Clean and comfortable training location! With good teachers too

Muhd Hafiz Hamzah

09:02 14 Sep 25

Alvin Khoo

08:59 14 Sep 25

Good training course

Leonard Boon

09:57 13 Sep 25

Aircon cleaning - practical and useful course

Felicia Low

12:13 12 Sep 25

Excel course - Projector was faulty, resulting in the course commencing half an hour later. We were told to move to another room but would be hot; only comes with a blower. Was quite shocked at the logistical challenges. Admin also forgot to refund me the deposit in cash and only called me sometime after I had left… so had to walk back (for their oversight). Sigh.

Premises a little messy and disorganised. Was told that there would be light refreshments but ended up not much; only saw water dispenser and some very basic plain crackers.

Surinah Rasman

09:25 12 Sep 25

Poh Xuan Ying

09:24 12 Sep 25

Really enjoyed the artisanal bread baking course. First timer in bread baking and can follow well. Highly recommend this course to anyone who wants to learn how to bake for the first time

sgallo sg

08:19 11 Sep 25

👍👍👍

07:20 09 Sep 25

09:05 08 Sep 25

09:02 08 Sep 25

09:01 08 Sep 25

Nur-Kamariah Abdul Razak

09:18 07 Sep 25

Awesome. Fast response. Helpful with registration process

Wan Udeen

08:33 07 Sep 25

Thank you Mr. Albert Ng...

Patrecia Chong

10:03 06 Sep 25

Trainer Maya is knowledgeable and are generous on sharing tips on bread making.

She engages well with the students and makes the lessons interesting.

The classroom facilities should be improved. Tables are wobbly with sharp corners and aircon is turned off before lesson ends.