- Transfer new global capabilities into Singapore
- Build deep capabilities and equip your local workforce with the requisite skillsets
- Receive funding support of up to 50%
What is it?
The Capability Transfer Programme (CTP) aims to improve local-foreign workforce complementarity, by facilitating transfer of capabilities from foreign specialists to locals. The CTP will complement existing capability development programmes administered by other Government agencies, to plug capability gaps quickly in today’s fast-changing global market.
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How does it work?
The CTP encourages:
a) a culture of pervasive capabilities transfer across all sectors and entities; and
b) companies/associations/professional bodies to develop and acquire new capabilities in Singapore by ensuring that there is sufficient supply of locals with the requisite skillsets.
All project proposals will be evaluated on a case-by-case basis, taking into consideration:
a) our existing local capability gaps;
b) the potential impact of the transfer of capabilities to locals; and
c) linkage of the project to the industry as a whole.
Funding support for the CTP can include components such as costs incurred in bringing in foreign specialists, costs of sending local trainees on overseas attachments to acquire new capabilities, and follow-on training by local trainers after acquiring the new capabilities. In the case of industry-wide projects, funding for equipment and venue cost may also be considered on a case-by-case basis. Support levels will be determined by Workforce Singapore (WSG) in consultation with relevant sector agencies, on a co-funding basis where applicable.