SSG Funding

What is SkillsFuture Funding and DRP-5000 Course?

You would have read the SkillsFuture funding program under SkillsFuture Singapore (SSG) initiative and the course content for the IT Disaster Recovery Expert Implementer course. 

Read "What is the Specific Funding for the Advanced Level DRP Certification Course [DRP-5000]?" to learn more about the funding if you have not read it yet. 

In this article, you are presented with some of the commonly asked questions when you are embarking on government funding (SkillsFuture Funding from SSG) and the relationship between the other courses offered by BCM Institute.

Frequently Asked Questions for SkillsFuture Funding?

1.  Funding Applicable to In-house Training for DR Team and Unit DR Coordinators

For my DR program office (Senior DR Team), can I have this course conducted in-house for my team managing the corporate or organization-level program?

• It is possible as long as there are at least 6 confirmed participants enrolled for the course.
• As such course requires us to deploy a senior and experienced BCM professional with no conflict of interest, do speak to the DR Institute's training team. 

3.  Published to Receive BCCP certification on the SSG portal

When reading the IMDA portal, it appears that I am attending an advanced-level DRCE certification course and in the portal, it is reflected as DRCP.

• Understand the reason by clicking "What Certification Will I Be Receiving After Attending the SkillsFuture IT Disaster Recovery Course?"

Contact Us

Please feel free to send us a note if you have any of these questions to sales.ap@bcm-institute.org or register now by clicking the button below for us to get back to you.

 

Resource

Goh, M. H. (2016). A Manager's Guide to Implementing Your IT Disaster Recovery Plan. Business Continuity Management Series (2nd ed.). Singapore: GMH Pte Ltd.

Source: [SkillsFuture Funding] FAQ on IT Disaster Recovery Expert Implementer [DRP-5000]"

 

Find out more about Blended Learning DRP-300 [BL-DR-3] & DRP-5000 [BL-DR-5]

	Please feel free to send us a note if you have any of these questions.

What is SkillsFuture Funding?

All Singaporeans and Singapore PRs attending as self-sponsored or company-sponsored are eligible for course funding from SkillsFuture Singapore (SSG).

The SSG's funding scheme you are eligible for is part of the SkillsFuture Mid-Career Enhanced Subsidy. Click the right icon to find out more.

It recognises that mid-career Singaporeans may face more significant challenges in training and provides additional subsidies to encourage them to upskill and reskill to adapt to changing job requirements. 

Click the two buttons below to view SSG's official web pages for self- and company-sponsored.

What is SkillsFuture Credit?

From 1 April 2020, eligible Singaporeans can start using their one-off SkillsFuture Credit top-up.  Remember, this is for individual sel-sponsored only.

A one-off SkillsFuture Credit top-up of $500 will be provided to every Singapore Citizen aged 25 years and above.

Latest: From 1 May 2024, Singaporeans above 40 will receive a top-up of $4,000, which can offset the $1,155 nett fee payment.

Click the button to learn more about the SkillsFuture Credit Scheme. 

What is the BCM-8530 Course?

One strength of this course is that upon completion, you will receive the Business Continuity Certified Planner (Audit) or BCCP certification. If you have the necessary experience, you can also apply for another BCCLA certification.

The ISO22301 Business Continuity Management System Audit course, better known as course code BCM-8530, is a four-day or module advanced level Audit (BA) course with an additional two and a half-hour 100-Multiple Choice Question (MCQ) based examination following successful completion of the course.

It is primarily designed and developed to instil detailed concepts and knowledge in BCM practitioners, enabling the individual to audit the BC programmes or the ISO22301 BC Management System for the entire organization.

Am I Eligible for SkillsFuture Funding?

All Singaporeans and Singapore Permanent Residents (PRs) are eligible for SkillsFuture funding.

Course Fee

The course fee before funding is Singapore Dollar SGD 3,850.  This pricing applies to all participants globally participating remotely.

Funding Scheme

All Singaporeans and Singapore Permanent Residents (PRs) are eligible for Skillsfuture Funding.

The funding is applicable for both individual and corporate-sponsored.  The tables below provide a detailed breakdown of the funding support for:

• Self-sponsored applicants; and
• Company-sponsored applicants.

Funding Support for Self-sponsored Applicants

Course Fee Payment

Do note that all participants must only pay the net fees after funding before the commencement of the course.

Skillsfuture Funding and SkillsFuture Credit

For those participants who are using the SkillsFuture Credit, this is the structure of the course fee.

Singaporean Attending 5000 / 8530 Level Course	Course Fee	After SkillsFuture Funding	After SkillsFuture Credit* Claim of SGD 1,000
40 years of age and above	3,850	1,155	155
Below 40-year-old or Singapore Permanent Resident	3,850	1,925	925

*Skillsfuture Credit depends on the amount left in your MySkillsfuture account.

Frequently Asked Questions

Click the button to learn more about SkillsFuture Funding and all other requirements.

 

 

Resource

Goh, M. H. (2016). A Manager's Guide to Auditing and Reviewing Your Business Continuity Management Program. Business Continuity Management Series (2nd ed.). Singapore: GMH Pte Ltd.

Extracted from "[SkillsFuture Funding] What Is The Specific Funding for the Advanced Level ISO22301 BCMS Lead Auditor Course [BCM-8530]?"

 

Find out more about ISO 22301 Auditor BCM-8030 [A-3]/ Lead Auditor BCM-8530 [A-5]

	Please feel free to send us a note if you have any questions.

What SkillsFuture Funding is Available for the BCM-5000 Business Continuity Management Expert Implementer Course?

All Singaporeans and Singapore PRs attending as self-sponsored or company-sponsored are eligible for course fee funding from Skillsfuture Singapore.

If you are working with a government body or civil service, you are only required to pay (or invoice) the nett Singapore dollars: $ 1,155 if you are above 40 years of age and $ 1,925 if you are below 40.

For Singaporeans above 40 years old, you will be eligible for the SkillsFuture Mid-Career Enhanced Subsidy.

What is SkillsFuture Mid-Career Enhanced Subsidy?

The SkillsFuture Mid-Career Enhanced Subsidy recognises that mid-career Singaporeans may face more significant challenges in training.

It provides additional subsidies to encourage them to upskill and reskill to adapt to changing job requirements.  Click the icon to learn more.

What is Skillsfuture Credit?

SkillsFuture Credit aims to encourage individual ownership of skills development and lifelong learning.

Introduced in 2015, the SkillsFuture Credit Scheme provides an opening credit of S$500 to all Singaporeans aged 25 and above. Click the icon to learn more.

From 1 April 2020, eligible Singaporeans can start using their one-off SkillsFuture Credit top-up.  A one-off SkillsFuture Credit top-up of $500 will be provided to every Singapore Citizen aged 25 years and above.

The funding is also applicable for BL-B-5 Blended Learning or online courses.

What is the BCM-5000 Course?

The ISO22301 Business Continuity Management System Expert Implementer course, better known as course code BCM-5000, is the most comprehensive course that provides the three levels of competency, "Know-Do-Manage." Click the icon to learn more.

It applies to the ISO 22301 standard, and professionals are upgrading their BCM programme.  This course is available as Blended Learning (100% Online) and Hybrid Learning (50% Online for Modules 1 and 2 with 50% onsite for Modules 3 and 4).

Note that the funding only applies to the online or blended learning course.

It grounds the participants with the necessary BCM fundamentals and progressively works.

Read about the Most Comprehensive Business Continuity Management Expert Level [BCM-5000] Course offered by BCM Institute, which introduces the essential steps of developing BCM strategies. Click the icon to learn more.

It will also teach designing and implementing BCM plans.

Course Fee

The course fee before funding is Singapore Dollar SGD 3,850.  This pricing applies to all participants globally.

Who is Eligible?

All Singaporeans and Singapore Permanent Residents (PRs) are eligible for Skillsfuture Funding.

The funding is applicable for both individual and corporate-sponsored.

The tables below provide a detailed breakdown of the funding support for: Self-sponsored applicants; and Company-sponsored applicants.

Funding Support for Self-sponsored Applicants

Funding Support for Company-sponsored Applicants

 

Criteria	Funding Support	Funding and Course Fee Payable
SMEs	Up to 70% of nett payable course fees	Funding amount: SGD 2,695 Course fee payable after funding: SGD 1,155
Non-SME	Up to 50% of nett payable course fees	Funding amount: SGD 1,925 Course fee payable after funding: SGD 1,925

 

Post-secondary Education Account (PSEA)

The Post-Secondary Education Account (PSEA) is part of the Post-Secondary Education Scheme, which helps pay for Singaporeans' post-secondary education.

You may use your money to pay the course fee.  Click the icon to learn more.

Course Fee after Skillsfuture Funding and SkillsFuture Credit

Frequently Asked Questions?

These are some of the questions often asked by potential participants about competency-based training (with Skillsfuture Funding government funding from the Singapore government).

Click the button below to learn more about Skillsfuture Funding funding and all other Skillsfuture Funding requirements.

More Information About BCM-5000 [B-5] or BCM-300 [B-3]

To learn more about the course and schedule, click the buttons below for the BCM-300 Business Continuity Management Implementer [B-3] course and the BCM-5000 Business Continuity Management Expert Implementer [B-5] course.

	If you have any questions, click to contact us.

 

If you are reading this page, it is assumed that you have read this blog, such as for BCM-5000 (or the rest of the 5000 and 8530 courses) "What is the Specific Funding for the Advanced Level BCM Certification Course? Especially on funding and SkillsFuture Credit eligibility.

Click the icon below to learn how to register for SkillsFuture funding for the respective course.

In the respective four icons you have clicked, we have also appended several detailed "Summary of Funding" tables on the breakdown of the combination options with their funding for each respective expert-level certification course.

Type of Expert-level Certification Courses

Following your eligibility, this blog provides you with the sample calculation of a Singaporean who is above 40 years of age and is keen on attending the following:

• BCM-5000 ISO22301 BCMS Expert Implementer  
• CM-5000 Crisis Management Expert Implementer  
• DRP-5000 IT Disaster Recovery Expert Implementer  
• BCM-8530 ISO22301 BCMS Lead Auditor
• CC-5000 Crisis Communication Expert Implementer [Not available]
• OR-5000 Operational Resilience Expert Implementer [Not available]
  
  

Skillsfuture Funding and SkillsFuture Credit

Singaporean Attending 5000 / 8530 Level Course	Course Fee	After SkillsFuture Funding	After SkillsFuture Credit* Claim
40 years of age and above	3,850	1,155	155
Below 40-year-old or Singapore Permanent Resident	3,850	1,925	925

*Skillsfuture Credit depends on the amount left in your MySkillsfuture account.

Meanwhile, here's more information on "What Are the Blended Learning courses" to attend?

Contact Us

Please send us a note if you have any of these questions, or register now by clicking the button below for us to get back to you.

 

 

Find out more about Blended Learning BCM-300 [BL-B-3] & BCM-5000 [BL-B-5]

 

	Please feel free to send us a note if you have any of these questions.

Eligibility Criteria for SME Status for Funding Support

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

• 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]

	Please feel free to send us a note if you have any of these questions.