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:
Support Levels The level of support under the CTP grant varies based on:
Supportable Costs The CTP grant can fund:
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. Comments are closed.
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