Enterprise Transformation Project (ETP) with Mentorship Support Grant (MSG)

astar-image-placeholder

What Is It?

The Enterprise Transformation Project (ETP) is an initiative by SkillsFuture Singapore (SSG) for enterprises to embark on projects in strengthening capabilities through implementation-led training, consultancy services and workplace-centric projects for business and operational transformation.

The Mentorship Support Grant (MSG) is  a financial grant provided by SSG to co-fund the costs incurred by the Singapore Institute of Manufacturing Technology (SIMTech) in providing project mentorship support to enterprises, through consultancy and/or projected-based implementation-led training. Projects supportable should aim to improve worker skills, enterprise productivity, and/or job redesign.

As part of the transformation programme for enterprises, SIMTech shall provide mentorship support to organisations to help them to

  • Define their problem statement(s);
  • Identify and prioritise areas of improvement, and
  • Co-develop learning and skills-related solutions to address the organisation’s needs via projects to be completed within six months.
(Note: Each enterprise can apply for a maximum of 3 ETPs to run consecutively.)

Why Kickstart Your Journey at SIMTech

ASTAR_Icon_Business-12

Funding support of up to 90% of $25,000 per project

ASTAR_Icon_Business-11

A dedicated and strong industrial-experience team to mentor and help your organisation explore new business methods and thinking

ASTAR_Icon_Business-10

A well-developed training pathway for advancing ideation and implementing testing.

ASTAR_Icon_Business-28

Achieve sustained growth and maintain a competitive edge for a future-ready Singapore


Eligibility Criteria

Enterprises must fulfill the following criteria:
  • Government agencies (including ministries and statutory boards), Small Medium Enterprises (SMEs)* and Non-SMEs registered and operating in Singapore.
  • In a financially viable position to start and complete the ETP(s).
ASTAR_Icon_Business-09
* Definition of SMEs can be found here.

Funding Support Details

  • The funding amount is capped at up to 90% of $25,000 per project.
    • A SME may receive up to 90% funding.
    • A non-SME may receive up to 70% funding.
  • Maximum of 3 projects per enterprise for funding support.
  • The project is to be completed within six months.

ASTAR_Icon_Business-12

Here is a simple illustration:

SMEs
Full ETP Fee Before funding 90% Funding
ETP Fee After funding
$25,000 $22,500 $2,500
Government Agencies and Non-SMEs
Full ETP Fee Before Funding 70% Funding
ETP Fee After Funding
$25,000 $17,500 $7,500

 


Application Process

ASTAR_Icon_Business-24
Application (3 - 6 weeks)
  • Enterprise applies online to register their interest in the MSG Project to engage SIMTech to understand more about current challenge, needs and intended outcomes.
  • After discussions, SIMTech will propose solutions to address the enterprise's needs.
  • Upon preliminary agreement on the project scope, deliverables and fees, SIMTech will submit the project proposal to SSG for funding approval, using the SSG template.
ASTAR_Icon_Business-25
Review and Approval (1 - 2 weeks)
  • SSG will review the application for approval and enterprise may be required to furnish additional details for clarification when requested.
  • SIMTech will issue an MSG agreement to the enterprise after SSG has given the approval.
  • SIMTech will invoice the enterprise with the nett fees (after funding and inclusive of the prevailing GST) of the project.

ASTAR_Icon_Business-14

Project Commencement and Management (To be completed within six months)

  • Progress will be tracked on the attainment of the project's KPI milestones through the enterprise's submitted Gantt Chart.

ASTAR_Icon_Business-07

Project Completion and Claims Submission (Within 4 weeks after project completion)

  • Enterprise will submit the project completion sign-off documentation, including expenditure statements and relevant invoices/receipts. 

Submit Your Application

Register your interest


Quick Link