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About DesignSmart |
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The $250 million DesignSmart Initiative was set up by the Government in 2004 to provide funding support for design projects which aim to promote design as a value adding activity, and the Design Incubation Programme (DIP) at Innocentre.
Under the initiative, the Design Business Collaboration Scheme (DBCS) was set up to meet the needs of local small and medium enterprises (SMEs). The scheme aims to promote the interests and investments of SMEs in design, with a view to upgrading their products and services thereby helping them increase their competitiveness. The approved projects will be funded in the form of a matching grant. Funding support for each SME is subject to a limit of $100,000, for four projects at most.
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