Company Training Committee (CTC) Grant

Company Training Committee (CTC) Grant
Programme:Company Training Committee (CTC) Grant
Awards:Funding support of up to 70 % of qualifying project costs.
Beneficiaries:allcompanies
Key Features:Co-funds transformation projects combining enterprise transformation with worker outcomes such as wage increases, career development plans, or skills allowance.

KEY INFORMATION

Grant Provider
NTUC’s Employment and Employability Institute (e2i)

Max Amount / Support Rate
Supports up to 70 % of qualifying project costs

Project Duration
Not Disclosed

REQUIREMENTS

  • Must form a Company Training Committee (CTC) comprising management and union or worker representatives.
  • Applicant must commit to at least one worker outcome: wage increase, Career Development Plan (CDP), or provision of skills allowance.
  • Transformational plan must demonstrate both enterprise (e.g., productivity improvement) and workforce (e.g., better wages or progression) outcomes.

EXPECTED OUTCOME

  • Improved business capabilities, innovation, and productivity.
  • Better wages, career prospects, or skills recognition for local workers.
  • Companies progressively benefit via digitalization, upskilling, and job redesign.

SUPPORT RATE

Support Rate → 70 %
Qualifying Expenditure Details → Equipment/software (and related OEM training), consultancy services, in-house or external training tied to transformation projects.

SUPPORTED PROJECTS

  • Adoption of equipment or software systems with necessary OEM training.
  • Consultancy services for transformation and job redesign.
  • In-house or external training linked to the transformation project.

OTHER IMPORTANT INFORMATION

  • Applications accepted from 01/08/2022 to 31/07/2026, with extensions expected to 2028.
  • Funding is reimbursement-based, with disbursement after project completion and achievement of committed outcomes.
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