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The Singapore Government
is highly supportive of those industries which could provide
citizens with the skills set necessary for ensuring Singapore's
competitiveness into the 21st Century. Lately,
this direction would be in IT, as shown by the IT Master
Plan in Education and the establishment of the Technopreneurship
21 (or T21) - an initiative involving high-level government
and private-sector efforts to prepare and lay the foundation
for the successful development of a technopreneurship
sector in Singapore.
The government has several institutions
tasked to offers assistance schemes to help companies
based in Singapore at the various stages of their growth.
These institutions are:
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Assistance Programmes:
Assistance to SMEs
SPRING operates a phone-based helpdesk
to SMEs known as SME
First Stop. First Stop integrates the government’s
efforts in upgrading and developing the local enterprise
sector. It facilitates SMEs’ participation in more than
60 Government Development Assistance Programmes (GDAPs)
and provides value-added services to local enterprises
seeking information and facilitation on business and operations
upgrading.
Assistance to Entrepreneurs
The key body in charge of forging the
correct direction would be the Agency for Science, Technology
and Research (A*STAR)
under the umbrella of the Ministry of Trade and Industry
(MTI).
It also maintains a web site which, among other things,
has a directory to list all those with interest in technopreneurship
, namely the technopreneurs themselves, investors, investment
bankers, lawyers and those in public relations.
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Range of Assistance
The range of Government initiatives to
assist the private sector move into a more IT reliant
environment takes several forms. It would be best if the
respective authorities are contacted on the schemes listed
for the details and qualifying criteria.
- Modernisation & Upgrading
- Local
Enterprise Technical Assistance Scheme (LETAS)
- SPRING
- Local Enterprise Computerisation
Programme (LECP) - IDA
- Local Enterprise Accounting Programme
(LEAP)
- IT Training - IDA
- Skills Development Fund (SDF) - SPRING
- Management of Economic Group Assistance
(MEGA) Programme - SPRING
- The Relocation Assistance Programme
for SMEs - SPRING
- Expert Sourcing Programme (ESP) -
SPRING
- Marketing
- Technology Market Programme (TMP)
- SPRING
- Business.Connect - SPRING
- Franchising -
SPRING
- R&D Incubator Programme - SPRING
- Innovation
- Innovator's Assistance (IAS) - A*STAR
- Innovation Development Scheme (IDS)
- EDB/IDA/SPRING
- Innovator's Assistance Scheme (IAS)
- A*STAR
- Research & Development
- Cooperative Research Programme (CRP)
- A*STAR
- Patent Application Funds (PAF) IPOS
and Patents Authorities
- R&D Assistance Scheme (RDAS)
- A*STAR
- Research Incentive Scheme for Companies
(RISC) - A*STAR
- R&D Inc. Programme - SPRING
- Franchise Development Assistance
Scheme (FRAN DAS) - IE Singapore
- Licensing Development Assistance
Scheme (LIDAS) - IE Singapore
- Tax Incentives & Loans
- The Pioneer Status - EDB
- Investment Allowance Scheme (IAS)
- EDB
- Local
Enterprise Financing Scheme (LEFS) - SPRING
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