Calling All Start-ups & Young SMEs: Receive Up To $12,000* Salary Subsidy Grant For Your Fresh Polytechnic Grad Hire

Great news for Small and Medium Enterprises (SMEs) that are looking to hire local graduates! Ngee Ann Polytechnic has launched a programme “Startup Talent Factory”, funded by Skills Singapore, to encourage polytechnic graduates to work in startups after they have graduated. Participating startups will receive a salary subsidy of S$1,000 per month for up to S$12,000 for every polytechnic graduate they hire through the programme.

Join the Startup Talent Factory now as a participating company to receive a salary subsidy grant of up to $12,000* for employing a fresh polytechnic graduate.

The graduates can be from any of the 5 local Polytechnics:

1.      Nanyang Polytechnic

2.      Ngee Ann Polytechnic

3.      Republic Polytechnic

4.      Singapore Polytechnic

5.      Temasek Polytechnic

 

The Startup Talent Factory is a 9 to 12 month SkillsFuture Work-Study Programme designed to nurture the next generation of budding entrepreneurs.

As a participating company, simply on-board fresh poly grads from any of the 5 local polytechnics into full-time employment to fill suitable job roles within your company and sponsor them for the Certificate in Entrepreneurship course. This course is designed to develop the candidate’s flourishing entrepreneurial skills. As this is a company-sponsored programme, participating companies are required to pay for the candidates’ course fees.


Participating companies can receive up $12,000* salary subsidy grant per poly grad hired and placed on the programme. In addition, the programme offers to match eligible fresh poly grads to your job description, and will send you candidate cv’s for your shortlisting and interviewing purposes.


Course Structure

The Certificate in Entrepreneurship course is a SkillsFuture Work-Study Post Diploma offered by Ngee Ann Polytechnic. The course structure is as follows:

Credit: Ngee Ann Polytechnic


Eligibility

The focus of this entrepreneurial programme is for Startups and young SMEs who are actively looking for new talent to expand their team. Preferably, participating companies should use technology as their core business or technology to empower their business. Participating companies should also be able to provide job roles for candidates in areas such as business development, digital marketing, and/or user experience design etc.

Other criteria that participating companies should meet include:

i. At least 30% local shareholding

ii. Group annual sales turnover of not more than $100 million

iii. Group employment size of not more than 200 employees


In addition, companies should be able to provide a competitive starting salary and career development opportunities for the candidate.

Note that SMEs can still tap on various hiring grants such as PMAX & Job Growth Incentive together with this SkillsFuture Earn and Learn Programme.


Read also:
P-Max Grant: Claim Up to S$10,000 For SMEs to Hire/ Retain New Local PMETs
Read also: 5 Government Initiatives for SMEs Hiring Local Workers 2020

 

For more information about this programme, email askSTF@np.edu.sg or visit https://www.startuptalentfactory.np.edu.sg/ 

 

*Terms & Conditions apply

 

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