| CTC Grant | Other Funding Support |
|---|---|
| 70% Funding Support | 50% Funding Support |
| Funds all entities (except govt entities and wholly-owned subsidiaries) so long as they are registered in SG. | Funding Support for SMEs only ( at least 30% local shareholder) |
| CTC Grant funds both pilot and subsequent mass rollout projects. | While other grants funds equipment in pilot projects, it does not fund subsequent mass rollout. |
| CTC Grant focuses on worker outcome. | Other grants focuses on enterprise outcome. |
CTC Grant
70% Funding Support
Funds all entities (except govt entities and wholly-owned subsidiaries) so long as they are registered in SG.
CTC Grant funds both pilot and subsequent mass rollout projects.
CTC Grant focuses on worker outcome.
Other Funding Support
50% Funding Support
Funding Support for SMEs only ( at least 30% local shareholder)
While other grants funds equipment in pilot projects, it does not fund subsequent mass rollout.
Other grants focuses on enterprise outcome.
Support
Items must be deemed relevant and tied to transformation plans that lead to worker and business outcomes. Examples of supportable items:
- Equipment/Software and related OEM/software training
- Consultancy
Eligible Entities
Entities legally registered or incorporated in Singapore i.e. companies, societies, non-profit organisations such as charities and social service agencies are welcome to apply.
FAQ
What is a CTC?
How to form a CTC?
For unionised entity, you may approach your union to form a CTC. Non-unionised entities can work with NTUC to form a CTC. An MOU (Memorandum of Understanding) may be signed between a senior management rep of the entity, NTUC / worker rep and other partners. For unionised companies, the formalisation of CTCs could be incorporated in the Collective Agreement (CA).
What is the purpose of this grant? Who is the target audience?
The grant aims to support entities that have set up CTCs with NTUC or with one of our affiliated unions, to implement transformation plans that would lead to better worker and business outcomes.
Who is eligible for this grant?
The applicant must meet all following criteria:
• Be legally registered or incorporated in Singapore. a. Eligible: Companies, societies, nonprofit organisations such as charities and social service agencies, Restructured Hospitals, Autonomous Universities (AUs), and Social Enterprises. b. Ineligible: Government bodies, statutory boards, Organs of State, wholly-owned subsidiaries of Government.
• Have set up a CTC and developed a CTCendorsed transformation plan.
Does my company need to form a CTC to apply for this grant?
Yes, formation of CTC is a key prerequisite. A CTC serves as a platform for management partners and union / NTUC representatives to work together in helping their workers to upskill and reskill in tandem with business transformation and requirements. Hence, forming a CTC is integral to developing an effective transformation plan for the grant.
Must my company be unionised?
Non-unionised companies can form a CTC with NTUC (USME / Cluster) to be eligible for the grant.
Are foreign companies eligible for this grant?
Only companies legally registered or incorporated in Singapore would be eligible for this grant.
What are the primary objectives of setting up a CTC?
The CTC partnership between businesses and NTUC aims to strengthen:
Future readiness: Planning and implementing initiatives that prepare workforce and business for future requirements
Skills advancement: Identifying skills gaps and providing suitable training interventions
Industry collaboration: Fostering and leveraging partnerships with government, training providers, technology partners and ecosystem solution providers
How does a CTC measure the success or impact of the suggested initiatives?
Success is gauged with reference to the workforce impacted through transformation initiatives in line with business and agreed transformation goals.
Can a CTC support my company in continuous learning and development post the initial collaboration?
Absolutely. The CTC partnership between the company and NTUC provides opportunities to understand industry trends and leverage on support from NTUC LearningHub (LHUB), Employment and Employability Institute (e2i) and suitable training partners to strengthen your organisation’s learning culture.
What is a career development programme and how can it help me in my job?
A career development programme is an initiative – created in collaboration with sector and industry partners – to attract talent to specific industries and provide a structured progression pathway for these workers.
Benefits for talent include better job progression, securing a higher certification accompanied by more training, better salaries, and upskilling and career development opportunities.
What is a Career Development Plan (CDP)
A Career Development Plan (CDP) is a structured progression pathway in terms of job roles, skills, and wages. Candidates will undergo predetermined training, pick up new skill sets directly relevant to their job role, resulting in higher work productivity, while also receiving remuneration calibrated based on their skill levels and/or new job role. Questions relating to funding quantum &
Can the transformation plan impact foreign workers?
Funding will only be given for local workers (Singapore Citizens / Singapore Permanent Residents) that would be impacted by the transformation plan and eventually impacted at claim submission.
Is there a minimum number of workers to commit for a project application?
Projects must commit a minimum and target number of local (SC/SPR) workers to be impacted. Applicants will have to achieve the minimum number of workers as committed and stated in the NTUC CTC Grant’s Letter of Award (LOA) for claim disbursement. Each project will be assessed based on the strength of project from business transformation perspective and cost of project from positive worker outcomes perspective.
What is a CTC endorsed transformation plan?
A CTC-endorsed transformation plan is developed and agreed by applicant’s CTC that consists of a (i) Senior management rep; and (ii) NTUC / worker rep (i.e. ES / GS / President of the Union or U SME Director or NTUC Cluster Lead)
The plan details how an applicant aims to achieve enterprise and workforce transformation by enhancing business capabilities, innovation and/or productivity, and improving employment outcomes for local workers (i.e. Singapore Citizens / Singapore Permanent Residents) through efforts such as job redesign and training.
The plan also needs to include their commitment to at least one of the following worker outcomes:
- Wage increase; and/or
- Implemented Career Development Plan (CDP) that is communicated to staff.
Senior management rep is one who is able to make business and workforce decisions for the entity (e.g. Owner / Chairman / President / Director / Managing Director (MD) / Chief Executive Officer (CEO) / General Manager (GM)).
What are the supportable items under this grant?
The transformation plan or project must achieve the following objectives:
• Enterprise transformation: Enhanced business capabilities, innovation, and/or productivity; and
• Workforce transformation: Improved employment outcomes for local workers (i.e., Singapore Citizens / Permanent Residents) through efforts such as job redesign and training.
Is the funding quantum fixed at 70% of the project’s qualifying cost?
Funding quantum will be assessed based on:
• Strength of project from business transformation perspective
• Cost of project from worker outcomes perspective (i.e., applicants will have to commit a minimum number of workers impacted and meet at least that minimum stated in the NTUC CTC Grant’s Letter of Award (LOA) for claim disbursement.)
What is the maximum funding for a project?
Each project is subject to a funding of up to 70% of qualifying cost, and other funding caps/conditions where applicable.
If I am a recipient of other grants, can I still apply for this grant?
You may still apply for the NTUC CTC Grant, however, you must not have received funding from other Government sources for the same programme / components. Please note that all supportable components must be purchased and implemented within the project funding period (i.e. within the project’s approved funding period stated in the NTUC CTC Grant’s Letter of Award (LOA)). A project that has started in part or whole before the award and acceptance of the LOA, including down payment paid, will be rendered invalid.
What is the application window of the grant?
1 August 2022 to 31 July 2026.
What is the funding period of a project? How long will my company be given to complete the project, if approved?
The funding period of a project will be 1-year in duration. Successful applicant will be given 1 year to complete the project. To illustrate, the project funding period will be stated in the LOA and it will be for 1 year in duration e.g. 1 Oct 2022 – 30 Sep 2023. Supportable components approved and stated in the LOO must be purchased and implemented within the project funding period. Entities can apply for NTUC CTC Grant within the application period 1 Aug 2022 – 31 Jul 2026.
Can I claim for components that are already in progress before CTC endorses my transformation plan and before my application was approved by e2i?
The NTUC CTC Grant funding is to support transformation plans discussed and endorsed by CTCs. Hence, all supportable components must be purchased and implemented within the project funding period (i.e. within the project’s approved funding period stated in the NTUC CTC Grant’s Letter of Award (LOA)). A project that has started in part or whole before the award and acceptance of the LOA, including down payment paid, will be rendered invalid.