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SME Talent Program

Overview

The SME Talent Programme (STP) helps local SMEs attract local talents from the Polytechnics and Institutes of Technical Education (ITEs) by sponsoring students study awards and job opportunities upon graduation.

 

SPRING will partner appointed Trade Associations and Chambers (TACs) to assist their participating SMEs across industries, in recruiting good local Polytechnic and ITE students. The appointed TACs will be the key managing agents for this talent programme.

 

 

For Who?

Meet the SME criteria of :

  • Minimum of 30% local shareholding
  • Group annual turnover of not more than S$100 million OR group employment size of not more than 200 workers
  • Have good HR practices and are able to provide good career opportunities
  • Are committed to provide a one-year training plan for recipients upon employment
  • Are able to pay recipients at least the market median salary upon employment

 

Programme Coverage

Participating SMEs offer study awards to good local students from ITEs and/or Polytechnics by :

  • Sponsoring selected students’ remaining year(s) of study (which covers school fees, study allowance and sign-on bonus)
  • Bundling employment as part of a two-year bond requirement; and
  • Providing on-the-job and/or other relevant training opportunities to recipients once they join the SME upon graduation

 

Funding Support

  • Participating SMEs will be given up to 70% grant support of the total award value. This covers the study sponsorship amount as listed above which will be fully paid out through the schools to the students in instalments
  • The SMEs’ share of the total award value will be paid out in the form of a sign-on bonus payment when students join the company (as above)
  • SMEs will also be supported for the required training deliverable(s) and related costs to train and guide new hire(s) during the first year of employment

 

How to Apply

Should you interested to find out more information on the above scheme, please contact :

 

For more information, please click on the following link,

http://www.spring.gov.sg/Enterprise/CDG/Pages/HCD/SME-Talent-Programme-for-SMEs.aspx#.U0eHQfmSySo

 

Should you interested to find out more information on the above scheme, please contact:

 

 

Brian Ng / Evelyn Chng / Jage / Rikiro
361 Degree Consultancy Pte Ltd
Tel: 6515 7906   Fax: 6515 7908
Email: enquiry@361dc.com