Unlock Growth in 2024 with
Grants that Fund Your Headcount
1. 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. Able to support new hires and existing staff.
Purpose
Assists companies in supporting and training mid-career recruits and current Singaporean (SCs/PRs) employees, preparing them for in-demand growth roles.
Support
Receive up to 90% salary support for 3 - 6 months for Singaporean staff
Company Eligibility
Employee Eligibility
Purpose
Assists companies in supporting and training mid-career recruits and current Singaporean (SCs/PRs) employees, preparing them for in-demand growth roles.
Support
Receive up to 90% salary support for 3 - 6 months for Singaporean staff
- For Singaporeans below age of 40: Up to 70% of Monthly Salary for CCP, capped at $5,000 grant per month
- For Singapores above age of 40, or who are unemployed for past six months or more: Up to 90% of Monthly Salary for CCP, capped at $7,500 grant per month
Company Eligibility
- Registered or incorporated in Singapore.
- 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
- Singapore Citizen or Permanent Resident
- Minimum 21 years old
- Graduated, or completed National Service, for at least 2 years
- Not a shareholder, immediate ex-employee of company or related entities, or related to shareholders
- Career Conversion required -
- For New Hire:
- New job role trained for under the CCP should be substantially different from previous job roles
- If already hired, the employment start date to be within 2 months from date of application
- For Existing Employee:
- New job role should be growth job roles identified under Singapore's Industry Transformation Map (ITMs)/Jobs Transformation Map (JTMs) mapped out for respective sectors
- For New Hire:
- Beyond the general eligibility criteria, there may be other course-specific entry criteria and employer-specific shortlisting process may apply for different CCPs.
2. Market Readiness Assistance Grant to Hire Overseas Business Development Staff
The only hiring grant that funds the salary of employing foreigners to do business development in new countries.
Purpose:
Facilitates companies venturing into new overseas markets by covering expenses for market promotion, business development, and setup abroad. One of the supportable expenses is the salary of a Business Development headcount based overseas.
Support (for BD Staff)
Eligibility of Company:
Eligibility of Staff:
Purpose:
Facilitates companies venturing into new overseas markets by covering expenses for market promotion, business development, and setup abroad. One of the supportable expenses is the salary of a Business Development headcount based overseas.
Support (for BD Staff)
- 30 - 50% salary support for up to 12 months (30% for foreigners, 50% for Singaporeans)
- Capped at S$50K grant per company per new market
- Also supports the rental of overseas BD office at the same support level above
- No need to be a new hire of the company
Eligibility of Company:
- > 30% equity held directly or indirectly by Singaporean(s)
- Annual sales in the target market needs to be below S$100K in any of the preceding three years
- Is an SME: Group Annual Sales Turnover < S$100 million, OR less than 200 employees globally
Eligibility of Staff:
- Needs to be physically stationed in the overseas market
- Need to be a permanent staff, with employment contract only indicating the employment start date, without specifying an end date.
Ready to Apply?
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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.
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
-----------------
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
• 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.
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.
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.