​​​​​​​​​​​​​​

Government Grants for MICE: Learn, Find & Get Assistance


 

Government Grants are financial awards given by the federal, state or local government to an eligible grantee.

SACEOS members came together to understand the available government grants & funding schemes applicable for the MICE & Events industry. They were introduced to available funding schemes to help boost development in relevant areas of their businesses and professional development for their employees.

The following Government agencies are:

  • Singapore Tourism Board (STB)
  • Workforce Singapore (WSG)
  • SkillsFuture Singapore (SSG)
  • Employment and Employability Institute Pte Ltd (e2i)
     

Singapore Tourism Board (STB)

A statutory board under the Ministry of Trade and Industry of Singapore that aims to make Singapore Asia's Top Business environment with strong industry players, prosperous alliances and world class infrastruture. They recognise the importance of innovation and creating value in driving tourism development. There was a need to raise business' capability and competitiveness to maximise opportunities and to forge long-term partnerships. 

Three grants relevant to the MICE industry were pressented:

  • Training Industry Professionals in Tourism (TIP-iT)
    Opened to all Singapore-registered businesses/companies, TIP-iT assist in upgrading employee's tourism-related skillset by providing incentives for training and course development to maximise the capability and productivity of the workforce.
     
  • Business Improvement Fund (BIF)
    The Business Improvement Fund focus on spuring the productivity and capability in the toursim sector with technology innovation and adoption, redesign of business model and processes. The companies eligible for funding are to be either taking on capability development initiatives or creating innovative technology products and services in the tourism sector.
     
  • Business Events in Singapore (BEiS) - Industry Collaboration
    A scheme developed to encourage the business events industry to anchor and grow quality events focused on bringing events into Singapore in the long-term. It is open to all businesses in the MICE industry. The Industry Collaboration is to encourage a greater ownership in making Singapore the place to be with a collective effort of MICE industry stakeholders.

 

Workforce Singapore (WSG)

Transform and Grow your Singaporean Talent with Workforce Singapore. A statutory Board under Ministry of Manpower with the mission to enable individuals to adapt and employers to transform, and a vision for every individual to be placed in a fulfilling career with progressive employers. 

There are 3 existing grants that are applicable for Employers in Manpower Development.

  • Career Support Programme (CSP)
    Catered specially for the Retrenched and/or Long-Term Unemployed Professionals, Managers, Executives and Technicians (PMET) who have been actively looking for jobs for six months. It is part of the Adapt and Grow initiative.  
     
  • Professional Conversion Programme (PCP)
    It is a career conversion programme targeted at PMETs to reequip themselves to gain new skills to convert and move into new occupations or sectors that provides good prospects and opportunities for progression.  
     
  • P-Max Programme 
    A programme under the Adapt and Grow initiative that aims to help SMEs to better recruit, train, manage and retain their newly-hired PMETs. It enables SMEs to establish better communication channels between supervisors and staff. HR practices are adopted to better manage newly-hired PMETs efficiently and effectively. 


SkillsFuture Singapore (SSG)

SkillsFuture Singapore is a national movement to provide Singaporeans with the opportunities to develop their fullest potential throughout life, regardless of their starting points. SkillsFuture Singapore reviewed 3 key components:

  • Singapore Skills Framework (SSF)
    The Skills Framework is an integral part of the Industry Manpower Plan (IMP) and one of the SkillsFuture initiatives that supports the Industry Transformation Map (ITM). It provides vital information on sector and employment, career map, job scope, skills and competencies to guide decision making. With a list of training programmes, individuals are able to gain mastery in their careers and knowledge. It provides lifelong learning and career development. 

  • Purpose and Value Propositions
    SkillsFuture serves as a common reference for skills and competencies addressing the needs of different stakeholders. Individuals are able to invest in skills training and for career planning for employers to recognise, develop and use these skills. The value of such education and training is to respond to industry needs.

  • MICE Scope
    A joint-partnership between SkillsFuture Singapore (SSG), Workforce Singapore (WSG) and Singapore Tourism Board (STB) conceptualised two awards that will recognise individuals and employers that exemplify the SkillsFuture spirit. The SkillsFuture Fellowship and the SkillsFuture Employer Award are both a lifetime award that can be self-nominated or nominations by associations, government bodies, individuals and agencies.

 

Employment and Employability Institute Pte Ltd (e2i)

E2i mission is to empower individuals and companies by creating solutions for better employment and employability. They provide career placements by:

  • Holding community job fairs
  • Thematic career fairs
  • Work trial programme to hire new employees
  • Place and Train new employees

The e2i Professional Development Grant applicable for both non-PMET and PMET groups. In the MICE industry, MICE professionals are able to enhance their knowledge and performance and push for internationally recognised certification and gain international accreditation such as Certified Meeting Professional (CMP) and Certified in Exhibition Management (CEM)

E2i has also launched an Inclusive Growth Programme (IGP) that aims to improve productivity by funding for equipment, tools, and/or software to help companies gain more in return and sharing the productivity gains by increasing the wages of their employees.  The fundable components include automation and equipment cost, process re-engineering & job redesign, training for local workers. 

 

SME Centre @ Singapore Indian Chamber of Commerce & Industry (SCCCI)

The SME Centre@SCCCI is a collaboration between SPRING Singapore and Singapore Chinese Chamber of Commerce and Industry (SCCCI). It aims to provide a holistic general business advisory, diagnosis, group-based solutions and also to provide workshops to facilitate capability development services to SMEs and aspiring entrepreneurs. 

The two assistance schemes introduced were:

  • Productivity & Innovation Credit (PIC)
    This scheme was introduced by IRAS to encourage productivity and innovation activities in Singapore. It was introduced to provide support to SMEs and enjoy tax savings in for the form of deductions/allowances when they invest in any of the six qualifying activities.
     
  • Capability Development Grant (CDG) 
    It is a financial assistance programme managed by SPRING Singapore to support SMEs to ensure business sustainability and to enhance its business capabilities such as productivity and business model transformation. 

 


Supporting:




Strategic Media Partner:



​​​​​​​

1 Raffles Boulevard, Level 3 Venue Management Office, Suntec City, Singapore 039593

Phone: +65 9732 3941

General/Course Enquiries: secretariat@saceos.org.sg

Events Enquiries: events@saceos.org.sg

All contents © 2014 SACEOS • All rights reserved • Powered by acedaytons direct int'l pte ltd