Page 17 - BM2223 eBOOK 26Aug22-v2
P. 17
GOVERNMENT DEVELOPMENT ASSISTANCE PROGRAMMES
TIMES BUSINESS DIRECTORY OF SINGAPORE 2022/2023
FOR ALL SECTORS – Cont’d
Programmes
Description
Operation & Technology Roadmap (OTR)
Development of technology roadmaps to map out priorities that are aligned to businesses’ strategies and developmental plans. Eligible SMEs may receive up to 70% funding support.
Start Digital
SMEs that are new to using digital technology can take up any two digital solutions, at no cost for at least 6 months within a minimum 18-month contract period, from supportable categories.
Water Efficiency Fund (WEF)
WEF provides funding to local non-domestic water users to enable them to improve water efficiency through water efficiency assessment, pilot study, recycling, adoption of water efficient equipment & industrial water solution demonstration projects.
Local Enterprise and Association Development (LEAD) Programme
TACs keen to drive capability development and internationalisation projects can tap on LEAD programme. LEAD supports up to 70% of eligible costs for qualifying projects.
Grow Digital
SMEs that are ready to sell overseas can receive funding support when they participate in pre-approved Business-to-Business (B2B) and Business-to-Consumer (B2C) e-commerce platforms with global or regional reach.
Citrep+
Build ICT technical skills for your employees in areas such as cyber security, data analytics, network and infrastructure and software development. Funding support of up to 90%.
Company-Led Training (CLT) Programme
CLT accelerates professional development through on-the-job training programme for fresh to mid-level professionals acquiring competencies for jobs in demand by industry, especially the Digital Economy sector.
Enterprise Leadership for Transformation (ELT)
The ELT is a one-year programme that supports business leaders of promising SMEs to develop business growth capabilities. Successful applications will qualify for up to 90% co-funding of programme fees.
Employment Support for Ex-Offenders
This programme supports companies to tap on ex-offenders as an alternative pool of trained and skilled workers.
Employment Support for Persons with Disabilities
Hire, train and integrate Persons with Disabilities into the workforce. Receive course fee subsidies of up to 90% for SG Enable’s list of curated training courses.
P-Max
Funding support for SMEs to better recruit, manage and retain newly-hired local PMETs.
P-Max for Older Workers
Funding support for SMEs to better recruit, manage and retain newly-hired Singapore Citizen PMETs who are aged 50 years and above.
P-Max Lite
Funding support for SMEs to learn and improve their HR practices within the organisation.
Enhanced Training Support for SMEs (ETSS)
The ETSS offers higher course fee grant of up to 90% of the course fees and absentee payroll funding of 80% of basic hourly salary at a higher cap of $7.50 per hour for SMEs signing up for SSG-supported courses.
Operations Management Innovation Programme (OMNI)
OMNI is a joint initiative between SIMTech and SkillsFuture Singapore (SSG) to train in-house champions to systematically integrate business, operation management and productivity improvement through the OMNI methodology.
Design Thinking Business Transformation Programme
The programme aims to support companies in their business transformation and innovation capabilities. Companies will be trained in the design thinking process with mentoring sessions over the 6-month programme.
Senior Employment Credit
No application is required. The Senior Employment Credit provides wage offsets to help employers that employ workers aged 55 and above adjust to the higher Retirement Age and Re-employment Age.
SkillsFuture Enterprise Credit (SFEC)
No application required. The SFEC aims to encourage employers to invest in both enterprise and workforce transformation. Eligible employers will receive $10,000 credit to cover up to 90% out-of-pocket expenses on qualifying costs.
Wage Credit Scheme
No application is required. The government provides co-funding of wage increments for Singaporean employees earning a gross monthly wage of up to $5,000.
13