The grant defrays up to 70 percent* of qualifying project costs such as consultancy, training, certification and equipment costs. You can take on large scale upgrading projects in areas like increasing productivity, process improvement, product development and market access.
To encourage more SMEs to build business capabilities, the application process for grant support of S$30,000 or less has been simplified. You can look forward to simpler application forms and reduced documentation requirements for such projects.
* SPRING's enhanced funding support of up to 70% would be effective for three years until 31 March 2018.
KEEP Pte Ltd can help you to Boost Your Productivity
Improving productivity is about finding new, faster and/or accurate ways to be more efficient, competitive and ultimately, to increase your profits and revenue streams. Embarking on productivity improvement initiatives can help you improve your business workflows and optimise resource utilization such as labour, capital, and materials.
Embark on a business process productivity improvement project to:
The following activities/cost items are not supportable under the CDG as they are considered to be operational in nature and not exclusive to capability development projects: