SME Company-sponsored: Company’s Declaration of SME Status for Funding Support

Eligibility Criteria for SME Status for Funding Support
![[SSG-F] [Company Sponsored] SME](https://no-cache.hubspot.com/cta/default/3893111/46dd46c8-67eb-4011-930a-eb7b64c5e7b2.png) Sponsoring SMEs organisation applying for up to 90% funding support must meet the following criteria as defined by Enterprise Singapore or ESG’s definition:
Sponsoring SMEs organisation applying for up to 90% funding support must meet the following criteria as defined by Enterprise Singapore or ESG’s definition:
- Having been registered and operating in Singapore
- Having a minimum 30% local shareholding and having a group annual sales turnover of not more than S$100 million or
- Group employment size of not more than 200 employees.
- Group tracing includes all corporate shareholder(s) holding more than 50% of the total shareholding of the company and any subsequent corporate parents and all subsidiaries of the company.
Eligibility Criteria for Applicant
- Be a Singapore Citizen or Permanent Resident.
- Trainee must be an employee of the sponsoring organisation.
- The sponsoring organisation must be incorporated or registered in Singapore.
Note for SME-funded Organisation: Up to 90% of the net payable course and certification fees, capped at $3,000 per trainee, regardless of the participants are above or below 40 years of age.
Condition
![[SSG-F][BL-B-5] Certification Issued After Exam](https://no-cache.hubspot.com/cta/default/3893111/502ebacd-4fd3-4d7d-b014-ba55fc0e6432.png) The trainee must complete at least 75% of the training course attendance within twelve (12) months from the commencement date. The trainee must complete at least 75% of the training course attendance within twelve (12) months from the commencement date.
- The trainee must complete and pass all examinations required by BCM Institute to achieve the final certification status.
- Payment must be made to BCM Institute before attending the course.
 Click on the button below to read more about Skillsfuture Funded Programme.
Find out more about Blended Learning BCM-300 [BL-B-3] & BCM-5000 [BL-B-5]

 
          



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