The National Business Continuity Management (BCM) Programme was announced in November 2008 and became effective on 1 December 2008. This $30 million initiative over five years aims to engage the private sector in building economic resilience and competitiveness through the attainment of BCM certification (Based on Singapore Standard SS540: 2008 or equivalent).
The government will be providing financial incentives to defray the cost of BCM-adoption to encourage more companies or SMEs to be BCM-ready. A BCM-ready private sector will help enhance Singapore’s reputation as a Trusted Hub for reliable and quality service.