The Capability Development Grant (CDG) is a financial assistance programme that helps your organisation to develop capabilities across the 10 development areas, ranging from raising service standards, adopting technology to staff training and overseas expansion. The grant supports a wide-ranging of capability upgrading initiatives to help you grow your businesses locally and globally. Capability Development For SME’S The grant defrays up to 70 percent* of qualifying project costs such as consultancy, training, certification and equipment costs. You can take on large scale upgrading projects in areas like increasing productivity, process improvement, product development and oversea market access. Eligibility Registered and operating in Singapore At least 30% local shareholding Group annual sales turnover ≤ S$100m or group employment of ≤200 employees Supported Areas: Service Excellence Business Excellence Human Capital Development Intellectual Property and Franchising Productivity Improvement Brand & Marketing Strategy Development Technology Innovation Financial Management Quality and Standards Business Strategy Management Area Of Development And Supported Activities Human Capital Development Strengthen your HR management practices and build stronger companies. Create a strong foundation for your business by cultivating your corporate culture, and retaining staff. Intellectual Property And Franchising Manage and protect your of Intellectual Property (IP), and develop franchising systems to replicate successful business models and gain a competitive edge. Productivity Improvement Improve your business processes and optimise resource allocation for better productivity gains. Service Excellence Adopt service innovation for your business to increase service standards, for a customer-centered service. Technology Innovation Strengthen your technology innovation initiatives to enhance your products and services. Brand Development Develop a stronger company’s mission, vision, values and strategy. Enhance your competitiveness by differentiating your products and services from competitors. Business Excellence Strengthen your management practices through business excellence, which are key to higher productivity and revenue growth. Business Innovation Develop innovative capabilities, and integrating design thinking as a business strategy for the growth of your company. Enhancing Quality Standards Adopt international or industry standards for your business. Includes manpower-related and training expenses, consultancy and professional services. Financial Management Improve and maintain good management of your financial resources to develop strong financial resilience. Page source: https://www.spring.gov.sg/Growing-Business/Grant/Pages/capability-development-grant.aspx