Spring Capability Development Grant

Spring Capability Development Grant

 

The Capability Development Grant (CDG) is a financial assistance program that helps you build capabilities across 10 key business areas, ranging from raising service standards, adopting technology to staff training and overseas expansion.

The grant supports a wide range of capability upgrading initiatives to help you grow your businesses locally and globally.

 

What is Capability Development Grant (CDG)

The grant defrays up to 70 percent* of qualifying project costs such as consultancy, training, certification and equipment costs. You can take on large-scale upgrading projects in areas like increasing productivity, process improvement, product development and market access.

To encourage more SMEs to build business capabilities, the application process for grant support of S$30,000 or less has been simplified. You can look forward to simpler application forms and reduced documentation requirements for such projects.

* SPRING’s enhanced funding support of up to 70% would be effective for three years until 31 March 2018.

CDG Development Areas

cdg-10-services

Eligibility

  • Registered and operating in Singapore

  • At least 30% local shareholding

  • Group annual sales turnover ≤ S$100m or group employment of ≤200 employees

SPRING will assess the application based on your needs, the project scope and competency of the service provider in improving your business capabilities. All applications are subject to SPRING’s approval.

 

Optional: CDG-WorkPro Job Redesign Rider

Between 1 Jul 2016 to 30 Jun 2019, companies supported under the Capability Development Grant (CDG) may apply for the WorkPro – Job Redesign Rider (“JR Rider”) upon CDG project completion. To be eligible, SMEs need to show that the project has led to a positive impact on older workers (subject to applicable conditions being met). This includes, but is not limited to:

  • Making jobs physically easier, safer and smarter through improvements to the workplace environment / work processes

  • Placement and retention of older workers

  • Improved productivity, enhanced job scope, wage increment etc.

The JR Rider can be used to increase the level of funding support to a maximum of 80% of the qualifying project cost, or up to $20,000 payable per older worker who has benefited (whichever is lower), subject to the applicable caps to the JR Rider scheme.

For more information about WorkPro and the Job Redesign (Rider), please visit www.wda.gov.sg/workpro.