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SME Talent Programme (STP)

Overview

The SME Talent Programme (STP) helps local SMEs attract students from the Institute of Technical Education (ITE), Polytechnics and Universities by providing funding for student internships. Under this programme, SMEs may receive support for meaningful internships which have structured learning objectives aligned to SkillsFuture Enhanced Internship guidelines, and include mentoring by supervisors. 

Detailed information on the programme and funding support is available in the factsheet here.

 

SMEs’ Eligibility Criteria

  • At least 30% local shareholding
  • Group annual turnover of not more than S$100 million OR group employment size of not more than 200 workers
  • Offer career opportunities with a clear job description and career progression path
  • Possess sound Human Resource processes
  • Willing to participate in SPRING’s Human Resource Maturity Diagnostics (HRMD)

 

Programme Coverage

STP (Internship)

SMEs can offer internship opportunities to local students from ITE, Polytechnics and Universities by:

  • Providing a structured and meaningful internship experience
  • Offering interns a monthly internship stipend

Tip: Engaging a SkillsFuture Mentor to support your supervisors will ensure a positive internship experience for students.

 

Funding Support

STP (Internship)

  • SMEs are eligible for up to 70% funding support covering the internship stipend

Companies who are interested to offer structured On-the-Job (OJT) training and mentorship to fresh graduates from Polytechnics or Institute of Technical Education (ITE) may consider the SkillsFuture Earn and Learn Programme (ELP). Click here for information on the ELP.

 

How to Apply?

Click here for a step by step guide to apply for the SME Talent Programme.

 

How to Claim?

Click here for information on submitting your claims for the SME Talent Programme.

 

Contact Us

SPRING has appointed Singapore Retailers Association (SRA) as one of the Approved-in-Principle (AIP) partner for this programme. As STP AIP partner, SRA will assess and qualify SMEs who are keen to participate in STP, and will play an active role in matching suitable student interns to approved SMEs.

 

Organiser:  SRA

Contact Person:  Sean

Tel:  63345223

Fax:  63347303

Email:  sean@sra.org.sg

Website:  www.spring.gov.sg/Growing-Business/Grant/development-areas/Pages/HCD-SME-Talent-Programme-for-SMEs.aspx