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Government Grants

Local Enterprise Technical Assistance Scheme (LETAS) -Singapore

04.10.08 | Comment?

Get 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:

o 30% - 100% of your shareholding is local
o your fixed assets are worth S$0 - S$15M*
o you have 0 - 200 employees (for non-manufacturing companies)*

*Computed on a group basis. Where 20% - 100% of your shares are owned by companies, the total value of your fixed assets and employees is calculated three levels up. Where your companies owns 51% - 100% of another company (subsidiary), your subsidiary’s fixed assets and employees will also be added to the computation.

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.

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