Enterprise Transformation Project

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.

MSG 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

Cost Optimisation

 

Cost Optimisation

Industry 4.0

 

Industry 4.0 related projects (including capstone project)

Process Optimisation

 

Process Optimisation

Product Development

 

Product Development

Proof of Concept

 

Proof of Concept

Training-led implementation

 

Training-led implementation

 

ETP proposals

Proposals submitted for ETP application should consist of 2 components:

(1) Mandatory component (compulsory to include ≥ 1 of the following):

Project

Project

 

Training

Training

 

Workshops

Workshops

 

 

(2) Selective component (may include ≥ 1 of the following):

Consultancy services

Consultancy services

 

Implementation and monitoring

Implementation and monitoring

 

Learning Journeys

Learning journeys

 

Solutions curation and evaluation

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 A - Application

 

Phase B: Business Agreement (5 - 8 weeks)

Phase B - Business Agreement

 

Phase C: Commencement of ETP (6 - 6.5 months)

Phase C - Commencement of ETP

 

 

Funding

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:

Funding illustration


Connect with us today to explore this valuable opportunity to transform your organisation's strategy, operations and human capital:

Contact us now

 

 
07 April 2022