Enterprise Transformation Project (ETP) with Mentorship Support Grant (MSG)
What Is It?
The Enterprise Transformation Project (ETP) is an initiative by Skills & Workforce Development Agency (SWDA) 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 SWDA 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.
Why Kickstart Your Journey at SIMTech
Funding support of up to 90% of $25,000 per project
A dedicated and strong industrial-experience team to mentor and help your organisation explore new business methods and thinking
A well-developed training pathway for advancing ideation and implementing testing.
Achieve sustained growth and maintain a competitive edge for a future-ready Singapore
Eligibility 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).
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.
Here is a simple illustration:
| Full ETP Fee Before funding | 90% Funding |
ETP Fee After funding |
| $25,000 | $22,500 | $2,500 |
| Full ETP Fee Before Funding | 70% Funding |
ETP Fee After Funding |
| $25,000 | $17,500 | $7,500 |
Application Process
- 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 SWDA for funding approval, using the SWDA template.
- SWDA 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 SWDA has given the approval.
- SIMTech will invoice the enterprise with the nett fees (after funding and inclusive of the prevailing GST) of the project.
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.
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.