Tap into the technology and human resource expertise of multinational companies (MNCs) to upgrade your business.
For who?
- For local businesses that are providing products or services to MNCs
For what?
- To get MNCs to transfer their technology know-how and human resource expertise to local businesses
How much?
- The Singapore Economic Development Board (EDB) will subsidise a percentage of the salary of a manager sent by the MNC to work in the local business.
- The amount of assistance is determined on a case-by-case basis.
Things to note
- LIUP support lasts for a year, and can be renewed on a case-by-case basis.
- Generally the engineer works with the local supplier for two years.