With effect from 1 April 2013 onwards, this business capability programme will be streamlined into the Capability Development Grant (CDG) to support SMEs in productivity improvement and capability development.
For further clarifications, please contact Enterprise One at 6898 1800 or email :
enterpriseone@spring.gov.sg.
SPRING is calling for proposals from Private Sector Translators which can translate and commercialise Intellectual Property (IP) into new products, processes and services for the medical and clean technology sectors. Proposals will be accepted from 1 March to 30 April 2013. For details,
click here.
The Technology Innovation Programme (TIP) aims to strengthen the technological innovation capabilities in SMEs. To encourage the development of technology innovation as a competitive strategy for enterprises, SPRING provides vital support and resources to help SMEs:
- identify the right technology platforms
- find experts who will work with you on research and development projects
- acquire the information, advice and partners you need to make the best possible use of technology
We have a range of co-funding and support schemes that will help you meet the costs of technology innovation.
Establishing Centres of Innovation for Growth
SPRING partners with polytechnics and research institutes to establish Centres of Innovation. These one-stop centres offer technology consultancy and advice to help SMEs identify practical, downstream technology platforms that can be quickly adopted. They can also help SMEs develop technology projects.
Click here to find out more.
Enhancing Capabilities with Expert Help
Companies can benefit from having an expert that can help to identify critical technologies and build in-house R&D capabilities relevant to their operations. You can apply for local and overseas experts from polytechnics, universities, research institutes and the industry to be seconded to your company and TIP can help to defray some of the costs for up to 2 years.
Click here to find out more.
Catalyzing Technology Innovation Projects
Local enterprises embarking on projects that involve science and technology to develop and improve products, processes and business models can receive funding to defray the qualifying development costs.
Click here to find out more.
Companies applying must show a commitment to technology innovation as part of their overall business strategy. Businesses with scalable business models and strong growth potential will be considered favourably. Projects must also be carried out in Singapore.
Companies must also meet the following criteria to be eligible as an SME :
- Registered or incorporated in Singapore
- At least 30% local shareholding
- Company's group annual sales of not more than $100 million or Company's group employment size not more than 200 workers*
*
Annual sales turnover and employment size will be computed on a group basis.
(i.e All levels up for corporate shareholders holding >50% of total shareholding of the applicant company and any subsequent corporate parents, and subsidiaries all levels down).
Technology Enterprise Commercialisation Scheme