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38TIMESBUSINESSDIRECTORYOFSINGAPORE2025/2026GOVERNMENTDEVELOPMENTASSISTANCEPROGRAMMESFORALLSECTORS–ContdProgrammesDescriptionMarketReadinessAssistance(MRA)GrantSMEslooking to take theirbusinessoverseascanreceiveup to70%supportforeligiblecosts with theMRAgrantfrom1April2020-31March2023Operation&TechnologyRoadmap(OTR)DevelopmentoftechnologyroadmapstomapoutprioritiesthatarealignedtobusinessesstrategiesanddevelopmentalplansPartnershipsforCapabilityTransformationGetaccreditedtoestablishcredentialsandpositionthemasqualifiedcontenderstogovernmentandlargeenterprisebuyersPart-TimeRe-employmentGrant(PTRG)Providesfundingsupporttocompaniesthatvoluntarilycommittoprovidingpart-timere-employmenttoalleligibleseniorswhorequestforitProductivitySolutionsGrant(PSG)ThePSGsupportsbusinessesintheadoptionofproductivitysolutionsBusinessescanchoosefromalistofpre-scopedsolutionsandreceiveupto50%fundingsupportforeligiblecostsProgressiveWageCreditSchemeProvidestransitionalsupporttoemployersforProgressiveWagesmovesbyco-fundingwageincreasesoflower-wageworkersbetween2022and2026PublicSectorConstructionProductivityFundThePublicSectorConstructionProductivityFund(PSCPF)wasintroducedtosupportpublicagenciesbyfundingtheconstructioncostpremiumincurredforadoptingDesignforManufacturingandAssembly(DfMA)technologiesbypublicsectorprojectsSeniorEmploymentCreditNoapplicationisrequiredTheSeniorEmploymentCreditprovideswageoffsetstohelpemployersthatemployworkersaged55andaboveadjusttothehigherRetirementAgeandRe-employmentAgeSGCyberTalentDevelopmentFundTosupportcommunitiesassociationsandindudstrypartnerstodevelopnewgroundupinitiatives;sustainmeaningfulinitiativesandscaleimpactfulinitativesthataimtoengagebuildandadvancethecybersecurityworkforceandecosystemTheFundwillsupport3tiersofinitiatives(1)communityeventsandprojects(2)skilldevelopmentandrecognitionprojects(3)trainingandjobplacementprogrammesSkillsFutureWork-StudyProgrammes(WSPs)BusinessescangroomandhirefreshtalentthroughWork-StudyProgrammesacrossCertificateDiplomaPost-DiplomaandDegreelevelsBusinesseswilljointlydesignanddeliverwithInstitutesofHigherLearning(IHLs)andappointedprivateproviders