Innovation Capability Voucher (ICV)

Updated information can be found on SPRING's website here
http://www.spring.gov.sg/Growing-Business/Voucher/Pages/innovation-capability-voucher.aspx


Process Flow of ICV

1. Submit ICV Application to SPRING along with quotation

2. ICV Application is approved (Takes 4-6 weeks)

3. Client makes payment and software is deployed 

4. Submit ICV Claims to SPRING along with receipt / bank statement / cheque / GIRO form

5. ICV Claims is approved (Takes 6 weeks)
The evaluation of claims and disbursement will be processed in 6 weeks upon submission of all required documentations, including a valid GIRO form. The funds will be reimbursed to your company via GIRO to your designated corporate bank account.

Do note:
Claims must be submitted to SPRING via the ICV online portal within 6 months from the date of the approval of application

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