Professional Documents
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MICRO-ENTERPRISES
KEY ASSISTANCE SCHEMES FOR BUSINESSES
We support business
in 4 Key Areas:
SME CENTRES
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DEVELOPING PEOPLE
P-Max
HR Shared Services
Enhanced Training Support for SMEs
Enterprise Training Support (ETS) Scheme
Wage Credit Scheme (WCS)
WorkPro
The SME Centres provide free, one-stop business advisory and diagnosis
to enterprises. Make an appointment with the SME Centres to find out
more about government assistance schemes for SMEs.
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SME Centre@SICCI
SME Centre@SMF
SME Centre@ASME
SME Centre@SCCCI
SME Centre@SMCCI
Singapore Manufacturing
Federation (SMF)
W: smecentre-smf.sg
T: 6826 3020
E: query@smecentre-smf.sg
A: 2985 Jalan Bukit Merah
S(159457)
SME Centre@Central
(managed by ASME)
W: smecentre-asme.sg
T: 6424 4000
E: northeast@smecentre-asme.sg
A: North East Community
Development Council
300 Tampines Avenue 5
NTUC Income Tampines
Junction #06-01 S(529653)
(managed by ASME)
W: smecentre-asme.sg
T: 6243 8753
E: southeast@smecentre-asme.sg
A: South East Community
Development Council
10 Eunos Road 8
Singapore Post Centre #09-01B
S(408600)
(managed by ASME)
W: smecentre-asme.sg
T: 6513 0388
E: changisimei@smecentre-asme.sg
A: Changi Simei Community Club
10 Simei Street 2 S(529915)
(managed by SMF)
W: smecentre-smf.sg
T: 6839 4963
E: northwest@smecentre-smf.sg
A: North West Career Centre
Woodlands Civic Centre
900 South Woodlands Drive
#04-07 S(730900)
(managed by SCCCI)
W: smecentre-sccci.sg
T: 6397 7420
E: central@smecentre-sccci.sg
A: HDB Hub BizThree
490 Lorong 6 Toa Payoh
#07-11 S(310490)
(managed by SMF)
W: smecentre-smf.sg
T: 6316 1616
E: southwest@smecentre-smf.sg
A: The JTC Summit
8 Jurong Town Hall Road
#03-11 S(609434)
(managed by SCCCI)
W: smecentre-sccci.sg
T: 9457 2265
E: central@smecentre-sccci.sg
A: Ang Mo Kio
Community Centre
795 Ang Mo Kio Avenue 1
#03-03 S(569976)
USEFUL RESOURCES
EnterpriseOne Portal : www.enterpriseone.gov.sg
EnterpriseOne Hotline : 6898 1800
Way To Go Productivity Portal : www.waytogo.sg
SME Centre Website : SMECentres.sg
(i)
(ii)
(iii)
(iv)
(v)
Business excellence
Brand development
Financial management
Human capital development
Enhancing quality and standards
(vi)
(vii)
(viii)
(ix)
(x)
Business innovation
Intellectual property and franchising
Service excellence
Technology innovation
Productivity improvement
To make CDG more accessible to companies, the application process for projects with grant
support of S$30,000 or less has been simplified.
CDG is awarded based on project proposals submitted by businesses. Approved project
expenses are funded on a reimbursement basis.
Consultancy Projects
The ICV can be used to obtain consultancy services in these
four capability areas from a list of approved service providers:
(i) Innovation
(ii) Productivity
(iii) Human resources
(iv) Financial management
An SME may apply for a maximum of two vouchers per
capability area.
Productivity Solutions
ICV supports the implementation of recommendations from
previous consultancy projects as well as simple productivity
solutions under the supportable cost categories of:
(i) Equipment & Hardware,
(ii) Technical Solutions & Training, and
(iii) Design & Renovation.
Integrated Solutions
Developed in collaboration with SMEs, industry partners and
experts, Integrated Solutions are easy-to-adopt, pre-scoped
solutions to help SMEs achieve productivity gains. Examples
of Integrated Solutions include Point-of-Sales System, HR
E-scheduling and Product Display & Store Layout.
Out of the 8 vouchers per SME, up to 2 can be used for the
implementation of productivity solutions to upgrade capabilities.
Under iSPRINT, SMEs can receive funding for adopting ICT in specific areas:
PIC+
From Year of Assessment (YA) 2011 to 2018, all businesses can enjoy PIC tax
deductions/allowances under the PIC scheme. To qualify for PIC cash payout,
businesses need to have operations in Singapore and must have employed at
least three local employees.
PIC BONUS
(FROM YA2013 TO YA2015)2
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400% tax deduction capped at S$400,000 per year for each qualifying activity; or cash
payout capped at S$100,000 per year across all activities (60% of investment spending).
find
more
:
To
Visit
the out
nearest
SME Centre
Visitthe
theIDA
nearest
SME(www.ida.gov.sg)
Centre
Visit
website
Visitthe
theiSPRINT
IDA website
(www.ida.gov.sg)
Call
hotline
at 6211 1212
Call the iSPRINT hotline at 6211 1212
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enhanced
MRA supports pre-determined activities in overseas market set-ups, identification of business partners and overseas
market promotion.
2. Identification of overseas
business partners
Licensees
Franchisees
Agents and distributors
Joint venture partners
Feasibility studies
Incorporation of business
entities in overseas markets
IP registration
enhanced
There are four supportable areas under the GCP Grant and examples of the
more commonly supported activities under each area include, but not limited to:
1. Market Access
Market research
2. Capability Building
Branding
Franchising
E-commerce
Internationalisation strategy
Intellectual property management
3. Manpower Development
4. Access to Financing
Internationalisation Finance
Scheme
Loan Insurance Scheme
Political Risk Insurance Scheme
Trade Credit Insurance Scheme
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DTD provides a 200% tax deduction on eligible expenses for supported market expansion and investment development activities.
Qualifying activities include:
MARKET PREPARATION
Engaging third-party
professional consultant for:
Design of packaging for
overseas markets
Products/services certification
for overseas markets
Overseas market survey/
feasibility study
MARKET INTRODUCTION
Participating in overseas
business/market development
trips or missions
Exhibiting in overseas and
approved local trade fairs
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MARKET PRESENCE
Establishing overseas trade offices
Promoting the companys master
license and franchise overseas
Engaging third-party professional
consultant for investment
feasibility/due dilligence studies
Participating in overseas
investment development trips or
missions
For trade fairs not supported by iMAP, you may consider applying for
MRA grant.
Funding is disbursed through TACs to eligible SMEs when they
participate in iMAP-approved business missions or are part of the
Singapore Pavilions at international trade fairs.
To qualify, you:
Have to be a Singapore-registered company
or a firm with permanent establishment in
Singapore
Are not enjoying other government tax
incentives or concessions
Visit www.iesingapore.com/DTD
Write to enquiry@iesingapore.gov.sg or
call 1800-IESPORE (1800-437 7673)
The LIS helps SMEs secure short term trade financing loans
from Participating Financial Institutions (PFIs). The loans will
be underwritten by commercial insurers working with the PFIs.
The loan insurance premium will be co-shared between the
Government and the SMEs.
LIS+ is a complementary programme to LIS where the
Government will underwrite new loans which are beyond the
capacity of the commercial underwriters.
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DEVELOPING PEOPLE
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P-Max
The Place-and-Train (PnT) programmes under P-Max seek to assist SMEs to better recruit, train, manage and retain newlyhired Professionals, Managers and Executives (PMEs), encourage the adoption of progressive human resource (HR)
practices within SMEs, and help place job-seeking PMEs into suitable SME jobs.
DEVELOPING PEOPLE
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DEVELOPING PEOPLE
DEVELOPING PEOPLE
HR Shared Services
The HR Shared Services programme aims to help SMEs reduce time and resources spent on HR administration and focus
on their core business, talent management and development.
SMEs that send eligible employees for certifiable skills training can receive the following support:
Interested SMEs can tap on a pool of solution providers for HR services and systems and outsource their administrative HR
activities such as payroll, employee data and benefits administration. Participating SMEs can also benefit from access to
professional HR advisory and info systems to complement their existing HR team and processes.
SMEs will receive up to 70% funding support for qualifying development and adoption costs from SPRING.
90% course fee subsidy, capped at S$30 per hour for certifiable courses
90% course fee subsidy for Continuing Education and Training (CET) Centres courses
S$15 per hour for in-house certifiable training
Absentee payroll of 80% of basic hourly salary, capped at S$7.50 per hour
REQUIREMENTS
Organisation must be registered or incorporated in Singapore
At least 30% local shareholding by Singapore Citizens or Singapore Permanent Residents
Employment size of not more than 200 (at group level) or annual sales turnover (at group level) of not more than
S$100 million
Trainee must be a Singapore Citizen1
Trainee must be a bona fide employee (i.e. hired in accordance with the Employment Act) and fully employer
sponsored for the training
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DEVELOPING PEOPLE
DEVELOPING PEOPLE
In Budget 2015, it was announced that the WCS scheme will be extended for two years (2016 - 2017),
with the Government co-funding at 20% of wage increases for Singaporean employees.
For wage increases given in 2015 which are sustained in 2016 and 2017, employers will continue to
receive 20% co-funding for two additional years from 2016 to 2017.
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DEVELOPING PEOPLE
DEVELOPING PEOPLE
WorkPro
Employers may tap on the following grants and incentives to build progressive workplaces as well as to recruit and
retain back-to-work locals and mature workers:
Age Management Grant to acquire capabilities to adopt good management practices
Job Redesign Grant to support redesigning jobs or work processes to improve productivity.
Work-Life Grant to support the implementation of work-life strategies, e.g. flexible work arrangements
Recruitment and Retention Incentives to implement measures to retain new hires
On-the-Job Training (OJT) Allowance for each new hire
New Hire Retention Incentive to retain new hires earning a gross monthly salary of up to S$4,500, and recruited
through WDA touch points, e.g. WDA Career Centre and e2i
Mentorship Allowance to mentors who provide mentorship support to each new hire for at least three months
Under WorkPro, back-to-work locals refer to Singapore Citizens (SCs) or Singapore Permanent Residents (SPRs) who are
aged 30 years and above and have not been working for the past three months or more. Mature workers refer to SCs or
SPRs aged 40 years and above.
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Notes
SPRING Singapore
1 Fusionopolis Walk, #01-02 South Tower, Solaris, Singapore 138628
Tel: +65 6278 6666 Fax: +65 6278 6 6 67
www.spring.gov.sg