What is SME?

With effect from 1 April 2011, the new SME Definition will be as follows:
Company’s annual sales turnover of not more than S$100 million OR employment size not more than 200 workers.

With effect from 1 April 2011, the new SME Incentives Criteria will be as follows:
Minimum 30% local shareholding and Company’s Group annual sales turnover not more than S$100 million OR,
Company’s Group employment size not more than 200 workers.

 

Apply for COMPANY PROFILE to acquire the grant
Companies have to apply for training grants before the course starts. While SSG indicates that the processing time for profile creation is 7 working days, it is advisable to allow for 14 working days to avoid any unforeseen circumstances.