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Local Enterprise Technical Assistance Scheme

A scheme to help local enterprise defray cost incurred in modernising and upgrading their operations through the engagement of an external expert for a limited period of time.

Eligibility Criteria:
  • At least 30% local equity
  • Fixed assets (defined as net book value of factory building, machinery and equipment) not exceeding $15 million*
  • Employment size not exceeding 200 workers for non-manufacturing companies*
*computed on a group basis

Scope of Assistance:
  • General assistance provided is up to 70% of cost of engaging external expert for an approved short-term assignment depending on the scope, depth and effectiveness of the assignment
  • Areas of assistance that may be supported:
    • Identification and solving of technical problems
  • Technical improvements to present operations or process
  • Mechanisation, automation or computerisation of operations or processes
  • Quality management systems
  • Business development
  • Financial development
  • Market development
  • Computerisation and management information
  • Human resource management
  • Product development
  • Franchise feasibility study and development
**Above is a re-typing of information extracted from SPRING website

For more information, click here to go to SPRING website.

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