SINGAPORE - Firms can now benefit from more funding to buy water-efficient equipment, along with shorter disbursement periods, as part of a bid to encourage the non-domestic sector to save more water. Firms that use at least 1,000 cubic m or more of water per month can now receive funding of up to $300,000 or up to 50 per cent of the installation cost of such equipment, including commercial dishwashers and washer extractors, under PUB's Water Efficiency Fund. In addition, firms embarking on water recycling initiatives and projects using alternate water sources can now receive higher funding amounts for potable, NEWater and industrial water saved, capped at $1 million per project, said PUB in a statement on Saturday (Oct 31). The grant disbursement period for such initiatives and projects has also been shortened from seven to three years. This means companies undertaking these projects will receive 50 per cent of the grant amount upon commissioning of a full-scale recycling plant to save water, and the remaining 50 per cent upon satisfactory performance in the third year. Pilot projects can also receive full funding of up to 50 per cent of the project cost, capped at $50,000, upon a...