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Copyright © 2011. All Rights Reserved.
40 Ubi Crescent, #01-
Copyright © 2011. All Rights Reserved.
The National BCM programme was launched by SPRING Singapore in December 2008 to
encourage early adoption of BCM by SMEs and to help businesses build resilience and
capability for an effective response to disruptions. This five-year programme was
implemented from 1 December 2008 onwards, where companies can tap on the S$30 million
government funding. Both SBF and SPRING Singapore will jointly drive this programme.
The National BCM programme follows the launch of the SS 540 - a new national standard
on Business Continuity Management (BCM) by SPRING Singapore in October 2008, it aims
to provide a framework and guidelines for companies to prepare themselves so as to
minimise the impact of any disruptions and ensure business resilience.
SBF has been appointed as the key organization, and together with SPRING Singapore,
SBF is driving this national initiative in the business community through working with
industry partners to help members be more informed about BCM, leading to BCM readiness
and certification.
In this capacity, SBF seeks to:
a) Raise the awareness of the importance of BCM to businesses
b) Increase the supply of BCM specialists that can support our enterprises to become
BCM ready
c) Make BCM more accessible to the business community
d) Support enterprises' efforts to become BCM certified through an incentive programme
(funded by SPRING)
Both large corporations and SMEs can apply for financial support to defray part of the
initial cost - which involves them obtaining the BCM certification.
Up to 70%.Coverage includes:
- Salary/training of staff involved in the BCM certification project
- Cost of engaging 3rd party consultancy to support SS 540 or equivalent certification
BCM certification cost
- IT hardware/ software needed to implement BCM
Companies can apply for the funding support through 2 approaches depending on their
category:
a) Small and medium enterprises (SMEs*) can get up to 50% subsidy (increased to 70%
for 2009, thereafter will depend on a case by case basis) to be certified in the
Singapore Standard (SS540) in Business Continuity Management.
*(SPRING Singapore's definition of local SMEs: at least 30% shareholding is local, Fixed
Assets worth less than 15 millions & staff less than 200 for non manufacturing companies)
b) Larger businesses forming consortiums with SMEs critical to their businesses can get up
to 70% subsidy to be certified.
**(Forming consortium with at least 2 local SME suppliers. For bigger consortium, the
general guideline will be to have half the group comprises of SMEs.)
Documents required for the application of the BCM certification - Company profile (ACRA),
three years of financial audited accounts and a BCM project proposal.
encourage early adoption of BCM by SMEs and to help businesses build resilience and
capability for an effective response to disruptions. This five-
government funding. Both SBF and SPRING Singapore will jointly drive this programme.
The National BCM programme follows the launch of the SS 540 -
to provide a framework and guidelines for companies to prepare themselves so as to
minimise the impact of any disruptions and ensure business resilience.
SBF has been appointed as the key organization, and together with SPRING Singapore,
SBF is driving this national initiative in the business community through working with
industry partners to help members be more informed about BCM, leading to BCM readiness
and certification.
In this capacity, SBF seeks to:
a) Raise the awareness of the importance of BCM to businesses
b) Increase the supply of BCM specialists that can support our enterprises to become
BCM ready
c) Make BCM more accessible to the business community
d) Support enterprises' efforts to become BCM certified through an incentive programme
(funded by SPRING)
Both large corporations and SMEs can apply for financial support to defray part of the
initial cost -
Up to 70%.Coverage includes:
-
-
Companies can apply for the funding support through 2 approaches depending on their
category:
a) Small and medium enterprises (SMEs*) can get up to 50% subsidy (increased to 70%
for 2009, thereafter will depend on a case by case basis) to be certified in the
Singapore Standard (SS540) in Business Continuity Management.
*(SPRING Singapore's definition of local SMEs: at least 30% shareholding is local, Fixed
Assets worth less than 15 millions & staff less than 200 for non manufacturing companies)
b) Larger businesses forming consortiums with SMEs critical to their businesses can get up
to 70% subsidy to be certified.
**(Forming consortium with at least 2 local SME suppliers. For bigger consortium, the
general guideline will be to have half the group comprises of SMEs.)
Documents required for the application of the BCM certification -
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