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Recognising the challenges that SMEs may face in sending their employees for training, the Enhanced Training Support for SMEs (ETSS) offers additional support for SMEs, including:
1. Higher Course Fee Grant: SMEs enjoy SkillsFuture Funding of up to 90% of the course fees when they sponsor their employees to attend courses supported by SkillsFuture Singapore (SSG)
2. Enhanced Absentee Payroll (AP) Funding: SMEs may claim AP funding of 80% of basic hourly salary at a higher cap of $7.50 per hour, an increase over the normal cap of $4.50 per hour.
The SMEs Go Digital programme helps small and medium enterprises (SMEs) build digital capabilities. Under the SMEs Go Digital programme, SMEs receive funding support for the adoption of pre-approved digital solutions through the PSG. From 1 Apr 2020 to 31 Dec 2020, the scope of pre-approved digital solutions under PSG will be expanded to help enterprises implement safe distancing and business continuity measures. In addition, the maximum support level for PSG will be raised to 80%. Businesses will receive more co-funding support for digitalisation, reducing the cash outlay required during this period.
As announced at Supplementary Budget 2020, PSG will be enhanced to encourage enterprises to continue their digitalisation and productivity upgrading efforts. The maximum funding support level will be raised to 80% from 1 April 2020 to 31 December 2020. The scope of Generic solutions will also be expanded to help enterprises implement COVID-19 business continuity measures: Online collaboration tools Virtual meeting and telephony tools Queue management systems Temperature screening solutions
The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars: 1) Core Capabilities 2) Innovation and Productivity 3) Market Access. The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost. As announced at Supplementary Budget 2020, the maximum support level will be raised to 80% from 1 April 2020 to 31 December 2020. For enterprises that are most severely impacted by COVID-19, the maximum support level may be raised to 90% on a case-by-case basis.
COVID-19 (Temporary Measures) Bill to ensure pass-through of PTR from property owners to tenants