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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. | |
