Top Two Grants for Funding Salary Costs

​Career Conversion Programmes (CCP) ​to Reskill Mid-Career
​New Hires or Existing Workers

One of the best employment grants in the market with the highest level of salary support quantum.

​Purpose
To assist Singaporean companies in fulfilling their workforce requirements by providing training to mid-career recruits and current employees, preparing them for in-demand growth roles. 

Support
Through this Program, you can:
  • receive up to 90% salary support for the initial 3 - 6 months for Singaporean (PR/Citizen) staff
  • this career transition initiative prioritizes internal on-the-job training, enabling you to onboard new talent and shape them to seamlessly align with your company's requirements
  • Reskilling support across around 30 sectors
Company Eligibility Criteria
  • Registered or incorporated in Singapore.
  • Must be able to offer a full-time employment contract on permanent terms or on contract terms that are no less than one (1) year, directly related to the job which the CCP is for, with remuneration that is commensurate with the market rate.
Employee Eligibility Criteria
  • Singapore Citizen or Permanent Resident
  • Minimum 21 years old
  • Not a shareholder, immediate ex-employee of company or related entities, or related to shareholders
    • ​New Hire:
      • Career conversion: Must not have prior working experience or been in a similar job role /industry in previous employment for at least 5 years
      • If already hired, the employment start date to be within 3 months of official grant start date. Factor around 1 month of lead time for application 
      • Must be offered a full time, permanent position related to the job role which the Program is for >3K salary for new role
    • Existing Employee:​
      • Career conversion: Staff must not have prior working experience or been in a similar job role /industry in previous employment for at least 5 years. 
      • ​​Existing job role should be something to be made redundant (company should not be actively hiring to replace current staff, or to add new staff to this role)

Market Readiness Assistance Grant to Hire Overseas Business Development Staff

The only hiring related grant that funds the salary of employing foreigners to do business development in new countries.

Purpose:
The Market Readiness Assistance grant facilitates companies venturing into new overseas markets by covering expenses for market promotion, business development, and setup abroad. Take advantage of this opportunity to ease your entry into international markets and achieve global expansion.

Support Level
  • 50% support
  • Capped at S$100K grant per company per new market
  • Supportable activites:
    • Overseas market promotion (capped at S$20,000)
    • Overseas business development (capped at S$50,000)
    • Overseas market set-up (capped at S$30,000)
Eligibility
  • > 30% local equity held directly or indirectly by Singaporean(s)
  • New to target overseas market
  • Annual sales in the target market < S$100K in any of the preceding three years
  • Group Annual Sales Turnover < S$100 million OR less than 200 employees​

Why Choose Real Inbound Consulting (RIC)?

Over 8 years of track record helping over 400 businesses secure grants
Close to 100% success rate
Success-only fee with no risk to you
End-to-end service across full grant lifecycle
Backed by industry accreditation & certifications

Our Success Cases

  • The client is a hospitality-specific training technology provider that serves global clients in the F&B and hotels industries
  • We helped them secure the MRA grant to hire a business development director in Australia, and to rent an office space in Sydney. The grant supported the above expenses for a year.
  • Our efforts enabled the client to execute a successful BD strategy which won them several new Australian clients. The on-the-ground BD director brought market knowledge, sales expertise, and cultural understanding to help them adapt, connect, and thrive in the Australian market.
  • The client is an established construction services company involved in the design, fabrication & installation of customized stainless steel products for construction projects.
  • We helped them secure the MRA grant for the incorporation of a subsidiary in Dubai, filing for intellectual property protection of their trademarks, engaging expert tax structuring advisory and the legal drafting of distributorship agreements.
  • Our efforts enabled the company to establish a solid local presence and foundation to speedily penetrate a new market
  • The client is a VC-backed RegTech firm looking to exhibit and speak at a leading risk-focused trade show in London
  • We helped them secure the MRA grant for booth space rental, design & construction, and a speaking slot to pitch their services
  • Thereafter, we secured more grants for subsequent trade shows in other countries
  • Our efforts enabled the client in connecting with potential distributors, partners, and clients within the risk management industry, as well as in gaining valuable insights into market trends, regulations, and competitor landscape in Europe

Our Service

End-To-End Grant Execution

What Our Client Say About Us?

FREQUENTLY ASKED QUESTIONS

What are the funding rates differences before and after 1 April 2024?
From 1 April 2024[i]

Funding Rates for Plate-and-Train CCPs / JR-Reskilling CCPs
WSG’s Funding to Employers - Salary Support*
Standard Rate (SCs/PRs below age of 40) - Up to 70% of Monthly Salary for CCP training duration (capped at $5,000 per month)
Enhanced Rate - Up to 90% of Monthly Salary for CCP training duration (capped at $7,500 per month) For Long-term Unemployed[ii] Singapore Citizen (SC)/Permanent Resident (PR trainees Or Mature SC/PR trainees
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[i] The enhanced salary Support caps will apply to all CCP participants commencing training from 1 April 2024. For CCP participants who commenced training before 1 April 2024, their employers will receive salary support based on current caps.
[ii] Long-term Unemployed (LTU) is defined as being unemployed and actively seeking employment for six months or more.



Before 1 April 2024

Funding Rates for Place-and-Train CCPs / JR-Reskilling CCPs
WSG’s Funding to Employers - Salary Support*
Standard Rate (SCs/PRs below age of 40) - Up to 70% of Monthly Salary for CCP training duration (capped at $4,000 per month)
Enhanced Rate - Up to 90% of Monthly Salary for CCP training duration (capped at $6,000 per month) For Long-term Unemployed[ii] Singapore Citizen (SC)/Permanent Resident (PR trainees Or Mature SC/PR trainees


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For selected CCPs where facilitated/structured training is required for individuals to undergo career conversion, course fee subsidy of 70% will be provided. Where applicable, employers can receive a 20% course fee subsidy top-up from SSG's SkillsFuture Mid-Career Enhanced Subsidy for mature SCs, or a 20% course fee subsidy top-up from SSG's Enhanced Training Support for SMEs for SME-sponsored SC/PR employees.

What are the eligibility criteria for mid-career individuals who wish to participate in a ccp?
The general non-academic criteria for mid-career individual are:
• Singapore Citizen or Permanent Resident
• Minimum 21 years old
• Graduated or completed National Service, for at least 2 years*
• Career conversion is required –
              a) New Hire: New job role trained for under the CCP should be substantially different from previous job role(s)#
              b) Existing Employee: New job role should be growth job identified under the Industry Transformation Maps (ITMs)/ Jobs Transformation Map (JTMs)
• Able to commit to full-time employment or attachment in a participating company

*This will be counted from the date of graduation from latest qualification, or date of completion of national service, whichever is later
#CCPs are geared towards helping mid-career individuals acquire skills to change careers. Hence, there is a requirement for career conversion when mid-career individuals undergo a CCP. However, individuals who have a continuous employment gap of at least 2 years prior to CCP commencement will be allowed to apply for CCP job roles similar to their previous jobs.​

Beyond the general eligibility criteria, other course-specific entry criteria and employer-specific shortlisting process may apply for different CCPs.
CCP applicants should also not be:
• Shareholders## of the CCP participating company, or its related entities
• Immediate ex-staff of the CCP participating company or itsrelated entities
• Related to the owners^ of the CCP participating company

## Does not apply to publicly traded shares in listed companies
^ For non-publicly listed companies, refers to individuals with shareholding per ACRA profile

​What are the eligibility criteria for Employers?
Place-and-Train / Job Redesign (JR) Reskilling:
The participating company must fulfil the following criteria:

• Registered or incorporated in Singapore.
• Must be able to offer the CCP trainee a full-time employment contract on permanent terms or on contract terms that are no less than one (1) year, directly related to the job which the CCP is for, with remuneration that is commensurate with the market rate.
• Commit to the CCP training arrangements for the mid-career individuals that they have selected.
• Be committed to work with WSG or its appointed partner on the necessary administrative matters related to the programme.

Attach-and-Train:
Hosting employers will need to meet the following criteria:

• Registered or incorporated in Singapore.
• Offer full-time attachment positions directly relevant to identified Attach-and-Train CCP job occupations.
• Commit to Attach-and-Train CCP training arrangements.
​• Be committed to work with WSG or its appointed partner on programme administrative requirements.
​If the CCP participant’s salary is above the salary support cap, can the employer still qualify for salary support under the CCP? 
​Yes, the employer will still receive salary support. However, the salary support provided will be subject to the existing funding rate and the salary support cap. 
what happens if new hire leaves midway?
You should still be able to claim support for the months which you have already paid salary for
What is the eligibility criteria for the mra grant?
  • Business entity that is registered/incorporated in Singapore;
  • At least 30% local shareholding;
  • Company's Group Annual Sales Turnover of not more than $100 million, or Company's Group Employment Size of not more than 200 workers; and
  • New to target overseas market (at country-level)
what qualifies as a new overseas market?
This is defined as a new country that the company is expanding to, where its annual overseas sales in the country has not exceeded S$100,000 in any of the preceding three years.
can a company with existing overseas presence or overseas sales apply for mra support?
Companies that have previously benefited from MRA, but whose overseas sales for that market has not exceeded S$100,000, can continue to be supported during the enhancement period of 1 April 2020 to 31 March 2025.

Companies that have used up to maximum S$100,000 support for a particular market between 1 April 2020 and 31 March 2025 will not be eligible for any more MRA grants for that market. 
what is the maximum number of applications a company can apply for mra?
There is no limit to the number of MRA applications that a company can apply. This is to allow companies the flexibility to determine their pace of entry into the overseas market. 

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Are you prepared to take your business to the next level?

​Explore groundbreaking employment grants, designed to transform your workforce and propel your company to unprecedented success.

Empower your team, foster innovation, and unleash your business's limitless potential.

​Seize this opportunity now and embark on a journey towards unparalleled success!