The Capability Development Grant (CDG) is a financial assistance programme aimed at helping Small and Medium Enterprises (SMEs) defray up to 70% of qualifying project costs*, relating to consultancy, manpower, training, certification, upgrading productivity and developing business capabilities for process improvement, product development and market access.
The grant supports a wide range of capability upgrading initiatives that enables SMEs to successfully compete and grow their businesses locally and globally. There are 10 supportable areas tailored to meet an SME’s current needs and stages of development. They range from raising service standards, adopting technology innovation, grooming business leaders to growing a global brand.
* SPRING’s enhanced funding support of up to 70% would be effective for three years until 31 March 2018.
SPRING will assess the application based on the SME’s needs, the project scope and competency of the service provider in improving the SME’s business capabilities. All applications are subject to SPRING’s approval.
Find out about the 10 supportable areas :
- Proper project records are maintained;
(e.g. project scope, timeline, deliverables, progress reports and project sign-offs)
- Proper financial record are maintained;
(e.g. invoices and receipts relating to the project)
Should you interest to find out more information on the above scheme, please contact
Brian Ng / Kenny Ng / Soon Chye361 Degree Consultancy Pte LtdTel: 6515 7906 Fax: 6515 7908Email: email@example.com