Enterprise Transformation Project (ETP) with Mentorship Support Grant (MSG)
ETP is an initiative by SkillsFuture Singapore (SSG) for enterprises to embark on projects in strengthening capabilities through implementation-led training, consultancy services and workplace-centric projects for business and operational transformation.
is a financial grant provided by SSG to co-fund the
costs incurred by enterprises in engaging NUS to provide project mentorship
through consultancy and/or project-based implementation-led training.
Each enterprise can apply for a maximum of 3 ETPs to run consecutively.
With the backing of SSG & NUS, be ready to transform your enterprise with:
✓ Funding support (for projects ≤ 6 months duration and grant cap at $30,000 per project) of up to 90% and 70% of qualifying project cost for Small Medium Enterprises (SMEs)* and Non-SMEs respectively
✓ A dedicated team to help you explore new business methods and thinking
✓ A feasible conduit for piloting ideation and testing
✓ Creation of sustainable growth and staying competitive in today's digital economy
*Definition of SMEs can be found here.
Eligibility Criteria for Enterprises
- Both SMEs and Non-SMEs are eligible
- At least 30% local shareholding
- Registered and operating in Singapore
- In a financially viable position to start and complete the ETP(s)
Types of ETP eligible for MSG
Industry 4.0 related projects (including capstone project)
Proposals submitted for ETP application should consist of 2 components:
(1) Mandatory component (compulsory to include ≥ 1 of the following):
(2) Selective component (may include ≥ 1 of the following):
Implementation and monitoring
Solutions curation and evaluation
ETP journey & timeline
The journey consists of 3 phases (Phase A to C) and typically span between 8 - 10 months:
Phase A: Application (5 - 8 weeks)
Phase B: Business Agreement (5 - 8 weeks)
Phase C: Commencement of ETP (6 - 6.5 months)
Tap on up to 90% funding support (capped at $30,000 per project of ≤ 6 months duration) for your enterprise.
Here is a simple illustration:
Connect with us today to explore this valuable opportunity to transform your organisation's strategy, operations and human capital: