SME’s Eligibility Criteria:
  • Meet the SME criteria of:
    • Minimum of 30% local shareholding
    • Group annual turnover of not more than S$100 million OR group employment size of not more than 200 workers  
  • Have good HR practices and are able to provide good career opportunities
  • Are committed to provide a one-year training plan for recipients upon employment
  • Are able to pay recipients at least the market median salary upon employment
Programme Coverage:
Participating SMEs offer study awards to good local students from ITEs and/or Polytechnics by:
  • Sponsoring selected students’ remaining year(s) of study (which covers school fees, study allowance and sign-on bonus);
  • Bundling employment as part of a two-year bond requirement; and
  • Providing on-the-job and/or other relevant training opportunities to recipients once they join the SME upon graduation
Funding Support:
For Polytechnic Student/Graduate

For ITE Student/Graduate

# includes males in NS who are operationally ready in 6 months time

Participating SME’s financial contribution
  • Participating SMEs will be given up to 70% grant support of the total award value. This covers the study sponsorship amount as listed above which will be fully paid out through the schools to the students in instalments.
  • The SMEs’ share of the total award value will be paid out in the form of a sign-on bonus payment when students join the company (as above).
  • SMEs will also be supported for the required training deliverable(s) and related costs to train and guide new hire(s) during the first year of employment.
Important Points to Note: Frequently Asked Questions (FAQs)
Please click here to view a list of FAQs for SMEs.

For enquiries please contact EnterpriseOne at [email protected] or its hotline at 6898 1800