Purpose

The Hiring Grants support companies in hiring and retaining local employees, emphasising diversity, inclusivity, and long-term employability while reducing hiring costs and enabling structured training.

Jobs Growth Incentive (JGI)➕

What it is: Wage subsidies for employers expanding local hiring, especially for mature workers and persons with disabilities (PWDs).

Funding: Up to 50% salary support for eligible workers for a specified duration.

Who benefits: Companies increasing local headcount or hiring older workers (40+) and PWDs.

Significant cost savings on salaries

Encourages hiring experienced talent

Promotes workplace inclusivity

Senior Employment Credit (SEC)➕

What it is: A wage offset to encourage hiring and retention of Singaporean workers aged 55+.

Funding: Quarterly payouts based on eligible senior employees’ wages.

Who benefits: Businesses seeking to retain experienced staff and preserve institutional knowledge.

Offsets salary expenses for seniors

Retains deep domain expertise

Builds a multi-generational workforce

WSG Career Conversion Programmes (CCP)➕

What it is: Reskilling support for mid-career switchers transitioning into new roles or industries.

Funding: Coverage for training costs and salary support during conversion.

Who benefits: Employers hiring talent without prior industry experience who need structured OJT.

Access a wider talent pool

Lower risk while onboarding

Structured training & OJT

Overall Benefits

Purpose

Form a Company Training Committee (CTC) recognised by NTUC to identify skills gaps, design training roadmaps, and align workforce capabilities to business transformation needs.

Eligibility

Company must have an NTUC-recognised CTC.

Training Coverage

• SkillsFuture-aligned courses
• Digital transformation competencies
• Industry-specific upskilling

Benefits

Purpose

Support for innovation, productivity improvements, and overseas expansion with customised solutions to help businesses stay competitive.

Coverage Areas

• Process Automation: Streamline workflows; reduce manual tasks.
• Business Model Transformation: Redesign strategies to grow revenue and market share.
• Customised Training Programmes: Tailored training to enable change.

Benefits

Purpose

Reduce risks and costs of entering new overseas markets with funding for promotion, setup, and IP protection.

Coverage Areas

• Overseas Market Promotion: Campaigns, trade fairs, advertising.
• Business Setup Abroad: Incorporation, compliance, local partners.
• IP Protection: Trademarks, patents, brand defence.

Benefits

1. Assess Your Needs: Hiring, training, transformation, or overseas expansion?
2. Check Eligibility: Review criteria for each grant.
3. Prepare Documentation: Financials, proposals, training plans.
4. Apply via BGP: Use the Business Grants Portal (BGP).
5. Track & Report: Keep records to claim funding.

Tip: Combine Hiring + CTC + EDG/MRA strategically to maximise funding while aligning workforce and growth goals.