SPRING CDG grant can defray up to 70% of the qualifying project costs to upgrade the capabilities of the organization, relating to:
Consultancy
Training
Certification
Upgrading productivity
Manpower
Developing business capabilities for product development, process improvement and market access
Each SME can apply for a maximum of up to 8 vouchers.
SMEs that meet the following criteria are eligible for CDG grant:
Registered and operating in Singapore
Minimum 30% Singaporean shareholding
Group annual turnover under S$100 million OR group employment size of below 200 employees
SPRING assesses the application based on your business requirements, the scope of the project, company’s vision, and competency. All applications are subject to the approval of the SPRING. SPRING's enhanced funding support of up to 70% capped at S$30000 would be effective for 3 years until 31 March 2018.
Here is how to apply for CDG grant:
Step 1: Pre-application
Check that you meet the eligibility criteria to apply for the CDG and recognize the supportable area relevant to your project.
Discuss your project with an SME Centre business advisor.
Ensure that your project has not started yet. You can start your project on or after the Project Commencement Date mentioned in your CDG application.
Following are some pre-application...