Singapore: First Generative AI Sandbox to allow SMEs to harness the benefits of Generative AI

1. The Sandbox in Singapore offers SMEs hands-on experience with GenAI solutions in marketing, sales, and customer engagement.
2. Approximately 300 SMEs across various sectors can benefit from the Sandbox.
3. GenAI solutions in marketing and sales help SMEs create personalized content, streamline marketing processes, and develop engaging campaigns.
4. Customer engagement solutions include GenAI-powered chatbots for improved customer interactions and automated support.
5. Eligible SMEs must meet specific criteria to participate in the Sandbox, including being ACRA-registered in Singapore.
6. Funding support is available for SMEs to trial GenAI solutions for three months, with the option to extend for an additional nine months.
7. GenAI solutions aim to enhance productivity, drive innovation, and elevate customer experiences for SMEs.
8. The Sandbox allows SMEs to experiment with GenAI solutions to understand their functions and benefits.
9. Singapore’s initiative showcases dedication to innovation and responsible AI solutions.
10. SMEs are encouraged to participate in the Sandbox to gain accessibility to GenAI solutions before widespread deployment.