Capability Development Grant | CDG
Are you a local SME (small and medium enterprise) owner who is ready for the next phase of growth of your business?
Are you thinking of building up sustainable business capabilities as your competitive advantage?
Are you thinking of engaging a Productivity Consultant to streamline processes and enhance workflow but are concerned about the cost?
Good news! You can now defray up to 70% of qualifying project costs with the Capability Development Grant (CDG).
What Is Capability Development Grant (CDG)?
The Capability Development Grant (CDG) is a financial assistance programme (managed by SPRING Singapore) that helps you build capabilities across various key business areas, ranging from Productivity Improvement, Business Excellence and Service Excellence, raising service standards, adopting technology to staff training and overseas expansion. The grant supports a wide range of capability upgrading initiatives to help you grow your businesses locally and globally.
What Are The Qualifying Project Costs Supported By CDG?
The grant defrays up to 70 percent * of qualifying project costs such as:
- consultancy
- manpower
- training
- certification
- productivity improvement
- process improvement
- developing new business capabilities for competitiveness
- equipment costs
- product development
- market access
What are the Capability Development Areas supported By CDG ?
Businesses can obtain grant support for their capability upgrading efforts in these 10 development areas:
- Productivity Improvement
- Business Excellence
- Service Excellence
- Technology Innovation
- Brand and Marketing Strategy Development
- Business Strategy Innovation
- Enhancing Quality and Standards
- Financial Management
- Human Capital Development
- Intellectual Property and Franchising
What Is The Eligibility Criteria For Capability Development Grant (CDG) ?
Small and medium enterprises (SMEs) that meet the following criteria are eligible:
- Registered and operating in Singapore
- At least 30% local shareholding
- Group annual sales turnover ≤ S$100m or group employment of ≤200 employees
SPRING Singapore will assess the application based on your needs, the project scope and competency of the service provider in improving your business capabilities. All applications are subject to SPRING’s approval.
KCG’s Experience In Productivity Improvement, Business Excellence And Service Excellence
Kaizen Consulting Group has a proven track record of assisting organisations in building their capabilities in the areas of Productivity Improvement, Business Excellence and Service Excellence.
Under the area of Productivity Improvement, we can assist you with:
Streamlining processes and enhance workflow
Optimising planning and allocation of resources and manpower
Implementing projects to increase the efficiency of business operations
Reducing waste and inefficiency
Under the area of Business Excellence, we can assist you with:
Developing a comprehensive organisational review based on the seven Business Excellence (BE) framework categories
Formulating a strategic developmental roadmap, based on findings from the organisational review
Preparing for and undergoing a BE assessment (e.g. Singapore Quality Class, People Developer, Singapore Innovation Class, Singapore Service Class) (by SPRING Singapore)
Under the area of Service Excellence, we can assist you with:
Enhancing service experience and customer satisfaction
Service mission, service values and strategies development
Service blueprints and standards development
Service audits (e.g. customer satisfaction surveys, mystery audits)
Preparation for Singapore Service Class certification (by SPRING Singapore)
Note:
1. * SPRING’s enhanced funding support of up to 70% would be effective for three years until 31 March 2018.
2. For full details on CDG Grant, please refer to Spring CDG site below to get the most up-to-date CDG Grant information and details.
Source : Spring Singapore Capability Development Grant (CDG)