SME Management Action For Results (SMART)

Get a grant to develop business systems and processes for business excellence.

  • Your business qualifies as long as:
    • you are registered or incorporated in Singapore
    • 30% - 100% of your shareholding is local
    • you have at least 3 years of business operations
    • your annual sales turnover is S$5 million - S$100 million*
    • you have 10 - 200 employees*

    * Computed on a group basis i.e. checking up to three levels for corporate shareholders holding 20% - 100% of the total shareholding in your company and one level down where your company owns 51% - 100% of shareholding in a subsidiary company.

  • To develop and strengthen small and medium enterprises (SMEs)'s management systems and processes in a systematic manner.

  • The SMART initiative helps you to develop a roadmap to build your business capabilities in areas of priority to your business.

  • A qualified business excellence consultant will work with the management team for up to 6 man-days over 1 to 2 months.
  • SPRING will support up to 50% of qualifying cost for the consultancy incurred by your company on the project during the qualifying period subject to a maximum grant of S$2,500.

  • For businesses that include IMPACT Assessment in the consultancy, the maximum grant amount is S$3,000.

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