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For our Singapore customers, we have successfully assisted companies in obtaining former SPRING LETAS grant, which now has been replaced by IDA Grant. Please look at the following criterias to find out if your company is eligible for the scheme.
The following is an excerpt from the SPRING LETAS. For more information please refer to SPRING website .
Local Enterprise Technical Assistance Scheme (LETAS)
Provides Singapore-based SMEs a grant to hire external experts to improve your management and operations
With the Local Enterprise Technical Assistance Scheme, you can get a grant to engage an external consultant to implement quality management and IT systems. Project examples include ISO certification and upgrading computer systems.
You can apply for the Local Enterprise Technical Assistance Scheme if your company meets these criteria:
* registered or incorporated in Singapore
* Computed on a group basis i.e. checking up to three levels for corporate shareholders holding 20% or more of the total shareholding in the company and one level down where the company holds more than 50% of the shareholding in a subsidiary company.
LETAS subsidises up to 50% of the costs of hiring the consultant#. The funding support for IT projects does not cover hardware and software costs. Funding support for Quality Management system projects does not cover certification fees.
# Subject to a cap of up to $5,000, whichever is lower for Quality Management and IT E-Commerce projects and up to $10,000 whichever is lower, for IT Implementation Projects
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