Get A Grant For Your E-Commerce Project

Posted by admin on May 20th, 2009 | no comments

Local Enterprise Technical Assistance Scheme (LETAS)

Provides Singapore-based SMEs  a grant to hire external experts to improve your management and operations.

For who?

• All local businesses that want to improve their business with the help of a consultant.
• Your business qualifies as long as:
  • 30% – 100% of your shareholding is local
  • your group fixed assets are worth S$0 – S$15 million*
  • you have 0 – 200 employees (for companies in the services sector)*

* Computed on a group basis i.e. checking up to three levels for corporate shareholders holding 20% – 100% of the total shareholding in your company and one level down where your company owns 51% – 100% of shareholding in a subsidiary company.

For what?

• To subsidise the cost of hiring a consultant to implement quality management and IT systems (e.g. upgrading of computer systems or ISO projects)

How much?

• LETAS provides assistance to defray up to 50% of the total consultancy cost or capped at the following grant amount, whichever is lower.
  

  Project Type	Grant Cap
  Quality Management Systems	S$5,000
  IT E-Commerce	S$5,000
  IT Implementation	S$10,000

Things to note

• SPRING will take into account previous grants awarded to you under LETAS.
• You can only apply for LETAS once for IT projects.
• Hardware and software costs for IT projects are not supported.
• Certification fees for Quality Management System projects are not supported.