Utilising government grants

The Capability Development Grant (CDG) is a government grant that aims to support SMEs to scale up business capabilities and ensure business sustainability.


Capability Development Grant (CDG)

The Capability Development Grant (CDG) aims to support SMEs to scale up business capabilities and ensure business sustainability.

You can take on projects in areas like product development, human capital development, business processes enhancements for productivity and business model transformation.

The grant defrays up to 70 percent* of qualifying project costs such as consultancy, training, certification and equipment costs.

Eligibility

Your company is eligible if:

  • Registered and operating in Singapore
  • At least 30% local shareholding
  • Group annual sales turnover ≤ S$100m or group employment of ≤200 employees




Application Process






Grant Approvals

Case Study : Software + Consultancy Peter has a commercial vehicle repair workshop that has 3 branches in Singapore. The company has close to 30 workers that work at various job sites to carry out various repair work on the vehicles.

There are a few managers who will allocate work to the workers according to their skill set and the level of difficulty. Seeing that there can be an increase in the productivity levels across the company, Peter has taken the decision to upgrade their HR Management Software in order to better manage the employees’ record and data, and to tackle many HR issues.

The new software will help him to enhance productivity as allocation of work is more efficient, and they are able to track their workers in terms of their performance. The reporting functions, together with the streamlining of data, payroll management and other aspects of HR helped to move the organization forward as their processes were digitalized.

In the meantime, costs were reduced and data was integrated into one system, resulting in less paperwork. Besides the software, they purchased a Consultancy Package that included a Business Diagnosis and Service Improvement audit, in which we helped them identify issues in the operations of the business and to help them achieve organizational goals.

The Capability Development Grant (CDG) defrays up to 70 percent* of qualifying project cost in the project. If your consultancy project is $5,000, this means you only pay 30% of it, which is $1,500!

We can be confident because our clients have received their grant approvals.

We have seen the improvements made to our customers’ business.

This is our proven track record.


Human Capital Development

Organizations thrive when they recognise that every employee is a highly valued member who is vital to the growth and progress of the organization. Therefore there is a need for continued investment in coaching, training and talent management to ensure the highest level of leadership and performance.

We seek to serve through the following services:

  • Productivity Assessment
  • Competency Development
  • Learning & Development
  • Career Management
  • Compensation Management
  • Performance Management
  • Leadership Development

Job Support Scheme (JSS)

Jobs Support Scheme help you retain your local employees (Singapore Citizens and Permanent Residents) during this period of economic uncertainty.

The government will co-fund the first $4,600 of gross monthly wages (includes employee CPF contributions but excludes employer CPF contributions) to each local employee for nine months. There are three levels of co-funding for employers in different sectors, as shown in the table below.

Job Support Scheme - Read More

Enterprise Development Grant (EDG)

Enterprise Development Grant (EDG) helps your company to grow and transform, supporting in the upgrade of your business, innovate or venture overseas.

1) Core Capabilities
Projects under Core Capabilities help businesses prepare for growth and transformation by strengthening their business foundations. These should go beyond basic functions such as sales and accounting.

2) Innovation and Productivity
Projects under Innovation and Productivity support companies that explore new areas of growth or look for ways to enhance efficiency. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient.

3) Market Access
Projects under Market Access support Singapore companies that are willing and ready to venture overseas. You may tap into the EDG to help defray some of the costs of expanding into overseas markets.

Enterprise Development Grant - Read More

Productivity Solutions Grant (PSG)

The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and equipment to enhance business processes.

As announced at Supplementary Budget 2020, PSG will be enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts. The maximum funding support level will be raised to 80% from 1 April 2020 to 31 December 2020. The scope of Generic solutions will also be expanded to help enterprises implement COVID-19 business continuity measures:

  • Online collaboration tools
  • Virtual meeting and telephony tools
  • Queue management systems
  • Temperature screening solutions

Productivity Solutions Grant - Read More

Working Capital Loan (WCL)

SME Working Capital Loan (EFS-WCL) is enhanced until 31 March 2021 to help SMEs with their working capital needs. The maximum loan quantum was raised from $300,000 to $1 million. Risk-share was also increased to 90% (from 50% and 70% for young companies) for new applications

Working Capital Loan - Read More

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