[Partner Info] SME Talent Programme (STP)
[In partnership with ACE (Action Community for Entrepreneurship)]
Think hiring interns are expensive?
Not if you qualify for the SME Talent Programme (STP) for startups – which helps you with up to 70{6f3b5ca5ace692369bf4704a1330bfd533e2599dde4b418ebc2aa913bbe9723c} subsidy of stipends paid to interns.
As part of the programme, ACE will:
- facilitate internship matching between students and technology-based local startups.
- help startups in building their human capital development capabilities in identified areas such as recruitment & retention and talent management.
Eligibility at a glance:
- Have a minimum of 30{6f3b5ca5ace692369bf4704a1330bfd533e2599dde4b418ebc2aa913bbe9723c} local (Singaporean or Singaporean PR) share-holding
- Incorporated in Singapore
- Less than 5 years from date of incorporation at time of application
- Have less than 50{6f3b5ca5ace692369bf4704a1330bfd533e2599dde4b418ebc2aa913bbe9723c} ordinary shares owned by other corporate entity
- Able to pay interns the minimum monthly stipend* of $800 to ITE and Polytechnic students, and $1000 to University students.
* With funding of up to 70{6f3b5ca5ace692369bf4704a1330bfd533e2599dde4b418ebc2aa913bbe9723c}, startups under the STP will eventually pay a monthly stipend of $240 to ITE and Polytechnic students, and $300 to University students.
Inquire and Apply: