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

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]

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