The Management Development Scholarship (MDS) aims to raise up the next generation of leaders for the trailblazer companies of tomorrow. Through a co-funding scholarship arrangement to pursue renowned graduate business programmes at leading local universities, MDS brings together the potent combination of promising young executives who have high leadership potential and dynamic, high-growth SMEs.
The MDS will provide funding for the following :
-
Full-time/Part-time MBA : SPRING will provide grant value of up to 70% of tuition fees, and other related expenses for full-time MBA scholars up to a maximum qualifying cost of $52,000. The remaining costs are borne by the sponsoring SME. Refer to the MDS Calender for the full list of approved MBA programmes.
For SMEs
You can develop existing young managers in your company or attract new talent through the MDS if your company meets the following criteria :
- An SME* with a minimum annual sales turnover of S$10 million
- Offers good opportunities for career development and advancement
* The SME criteria consists of the following :
- At least 30% local (Singaporean or Singapore Permanent Resident) shareholdings
- Company group annual sales turnover of not more than S$100 million OR Company group employment size of not more than 200 workers
To apply for the MDS, please download the
application form.
Please submit the completed forms with the relevant supporting documents to :
Human Capital Division (Attn: MDS)
SPRING Singapore
1 Fusionopolis Walk
#01-02 South Tower, Solaris
Singapore 138628
Email :
mds@spring.gov.sg
DBS Enterprise Education Loan
Website :
www.dbs.com/sg/enterprise/credit/education