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RIC Blogs

Critical Information on the Latest Government Grants and Industry Developments

An Overview of Singapore's Capability Transfer Programme (CTP) Grant

12/18/2023

 
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18th Dec 2023

​The Capability Transfer Programme (CTP) is a grant introduced by the Singapore government to facilitate the transfer of global capabilities and skills into Singapore. The goal is to build deep capabilities in Singapore's local workforce and drive innovation across sectors.

Eligibility for CTP Grant To be eligible for the CTP grant, companies, associations, or professional bodies need to be locally registered or incorporated, and operating in Singapore. Applications are open to entities across all sectors, including the 23 Industry Transformation Map sectors identified as growth areas.

The CTP evaluates proposals on a case-by-case basis. Strong CTP project proposals should:
  • Enable the transfer of overseas capabilities not commonly found in Singapore
  • Have concrete plans to impart the capabilities to locals
  • Aim to improve local-foreign workforce complementarity

Support Levels
The level of support under the CTP grant varies based on:
  • Type of entity - SMEs can receive up to 70% funding support while non-SMEs can receive up to 50%. Industry-level projects can receive up to 90% funding.
  • Impact level of the project - Projects with higher impact receive greater funding support.
In addition, the CTP grant may support time-limited work pass concessions to facilitate entry of foreign specialists.

Supportable Costs The CTP grant can fund:
  • Salary support for foreign specialists conducting training in Singapore
  • Salary support for local specialists conducting follow-on training
  • Salary and attachment-related costs (e.g. airfare, COLA) for locals sent overseas for training
  • Venue and equipment costs for industry-level projects
​Below table lists out the above in greater detail:
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Applying for the CTP Grant
Interested companies can apply for the CTP grant by filling up an online enquiry form through go.gov.sg/wsg-ctp-enquiry-1. A Workforce Singapore (WSG) officer will then contact the applicant to discuss the proposal in greater detail.
​
Conclusion
The CTP grant presents a valuable opportunity for companies in Singapore looking to quickly obtain globally competitive capabilities. With generous government support and simple application process, the CTP facilitates skills transfer to boost innovation and workforce development.

Please feel free to reach out to us if you are keen in applying for the CTP scheme.

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