Tampines Fund For Innovation

Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in Tampines Singapore, keep in mind that you’ll generally need to meet certain criteria to be eligible, and that aside from funding assistance, many programs can help your business by building your skills and knowledge.

In addition, the job search process can be mentally and emotionally challenging, not to mention the financial opportunity costs of not working in Tampines is usually high.

Common scenarios include fresh graduates looking for their first full-time job; mature workers hoping to start a new phase of their career; or those who got retrenched and wish to find employment.

Unlike in the past, where people work for the same employer for the entire duration of their working lives, the working adults of today will find themselves in the market for a job much more often.

Sources of Business Finance

After completing your guide, you need to get that reviewed by someone. There are three types of reviews. First one is Peer Review, second is Subject Matter Expert (SME) review and the third one is Grammar Review. The first review, which is Peer Review, has to be done by your fellow technical writers. During this review, the reviewer goes through the stuff for clarity of instructions, verify and validate written functionality, and check for grammatical errors. Eighty percent of the guide review will be completed during the peer review stage. Unfortunately, most of the times, people do not find time to do a satisfactory peer review. And in some cases, employees' tries to settle personal scores using this as a tool. However, peer review if done properly, then the chances of finding errors in later stages of reviews will deliberately go down.

Technical writing demands a precise, concise, and surgical way of presenting the content to the end user. The writer is supposed to follow the task, understand it, and need to convey the same to the end user in a lucid way. Understanding complex functionalities and presenting them in a lucid manner so that a layman can understand the stuff is not so easy. The writer need to know where s/he has to chunk the stuff so that it is properly convey the underlying idea without wasting the precious time of the reader. However, most of the times, it is easier said than done.

After completion of the task or guide, as per Document Development Life Cycle (DDLC), the said document has to undergo different kinds of reviews. The idea is that by the time the document completes its final review stage, the matter in the document represents exactly the original functionality of the product without any errors or deviations. Most of the companies follow a process where the written document will get reviewed at least once or twice for both the functionality and grammar check.

Peer review is the first stage review. In this review, the document is expected to be cleaned from different errors by at least 80%. The colleague technical writers will do this review. Concentration will be on the functionality and grammar part during this review.

Peer review is heavily dependent on good relations and understanding between the colleagues. One can mar the advantages by playing office politics and cornering the writer in question. These kinds of problems are so common in organizations. The only remedy for these kinds of problems is to conduct the peer review under the supervision of a Project Manager, who has good experience in managing personnel.

In summary, peer review has many advantages. It has the capacity to filter 80% of the errors in the first stage itself. Peer review, when conducted under the supervision of a good personnel manager, will definitely give best results.

To support Singaporeans based in Tampines in these aspects, here are the government grants and resources that you can utilize. These programs are administered by Workforce Singapore, a statutory board under the Ministry of Manpower.

Apply For Training Grant By Company

A service excellence seminar will give you the competitive advantage you need to survive in a tough business climate. In today’s customer-oriented business environment, people skills are critical for personal and organizational success.

Likewise, a customer service excellence seminar gives you the skills you need to communicate professionalism, gain respect, enhance customer relationships and secure an overall competitive advantage through customer service excellence.

How you handle your customers can directly affect your individual goals as well as your team’s and company’s performance.

Funded Programmes Tap on available grants to defray training fees

How to Find Government Grants - Apply For Free Government Grants

Contrary to what you are seeing in the press with the credit crunch and looming recession there is simply too much money in the World at the moment; too much capital seeking too few investment opportunities. Remember the 1930s depression created more Millionaires than in any other era (ever) and now will be no different. A large amount of high net worth individuals are seeking to diversify their portfolios away from traditional investments as a defensive hedge against stock market volatility. Historically and in times of recession the two best investment classes that have outperformed traditional markets have been commodities and private equity. So if there is so much capital available in the world today, why is it so difficult to locate the capital you need?

The most probable answer to your question is that the amounts you are seeking are way too small to tempt Venture Capitalists or Hedge fund managers. After all it is relative. If a VC has tens of millions of pounds to invest into private equity why invest into 100 or 200 start-up companies? Who could possibly manage and foresee all of these investments and entrepreneurs? Its hard enough to manage one sometimes! So relatively speaking, investing in you would most-likely prove cost-prohibitive for them even though arguably they would receive more value overall.

The Hunt - VCs vs Angels
Venture Capital firms are one way to raise a serious amount of capital but as you may imagine there are pitfalls. The main one being loss of equity far beyond the 51% mark. Further the final vote on 'the right of sale' will also most probably be a mandatory right for them. Since VCs main motivation is 'ROISAP' (return on investment soon as possible) VCs will always have a frantic desire to flip every deal as quickly as possible. And they will not care where that return comes from, yourself or an outside party as long as they receive a massive bonus for the risk and skill for what they have invested.

More appealing to an entrepreneur starting-up is to seek a business angel investor interested in the line of work you are involved in as they will either take an equity position and some level of debt (or typically a combination of the two) in exchange for their investment. They will also take a seat on your board of directors, which they will use as a platform to monitor their investment and to provide invaluable advice. Sometimes they can actually take an active role in the organization and get it kick started into high gear. This freedom can afford an organization the ability to swiftly hire key employees and develop its business model to the point where it is ready to seek larger scale, second-round financing at a much more reasonable cost-to-equity due to the proven track record within the organization.

Other benefits to the entrepreneur include access to the expertise and business networks that the angel investors may be involved with. In addition to this, the growing trend of angel investor syndicating means that an individual entrepreneur can raise significant capital (significantly above the £500K mark) in a single financing deal without the need to negotiate separately with each investor.

Health Warning:
Venture capital money is not for the faint-hearted. Too often, it is only for the desperate - unless your desire is to build a business with an exit strategy in mind from day 1. There is nothing wrong with such a goal in the short term, as the returns can be staggering, but expect to make them many - many more millions than your side - that is if you even get that far. A great many other original creators have been squeezed out long before the 'D-day - big pay day'.

Angel investment therefore represents an invaluable source of alternative funding. And one that is far more attractive and realistic for a start-up entrepreneur. Benefits for both the Entrepreneur and the Angel can be great provided of course that the expectations are well drafted and thought out from day one and the funding agreement is structured to meet the demands of both sides.

The main difference between a business angel and a venture capitalist is that VC funding will come with legal agreements that will be inevitably always be Venture capitalist biased with terms that almost are utterly unfair and unjust, whereas, Angel investment will be far more flexible. It's not uncommon for some Angels to even shy away from using corporate solicitors when drafting agreements for funding. The reason being that if a high net worth individual should choose to invest in 8 - 10 companies, the total legal bill could turn out to be over £50,000.00 (assuming a lean estimation of £5K per company which is low!) - money that could be used to fund crucial working capital or further expansion.

Executive Summary
Receiving successful venture capital funding can provide a lot more than just money to the start-up. They can bring a wealth of managerial talent and experience that can advise you on external growth and how to jump over major pitfalls.

This professional advice can be a massive boost for a young company looking for every competitive edge. Another major benefit of VC Capital is that their network of contacts could end up making all the difference in a successful exit (or not).

But always remember what being funded by a VC actually means. After they have invested millions into it and regardless of whether or not they actually hold a controlling interest in your company they will be in control of your organization and will have a lot of power over how the company runs and how they will get their money out. You will be forced to go down directions that you may not be too happy with.

The Plan
More often then not, it's best for an entrepreneur to start up on their own or with the help of an Angel Investor (or syndicate if the investment requirement is too large to be funded by one individual). After running and evolving the business, the next best course of action is turn to VCs when you believe you are ready to take your company to the next level and will need a serious amount of capital to do so. Before even considering approaching a VC, you will have to demonstrate that you have a degree of success in your past, which is where the first round of your funding and management of your cash flow will come in handy.

When you do decide to approach venture capitalists and if by some miracle should they agree to back you, then it will be crucial on your part to seek-out the best legal advice that you can afford for the ensuing negotiations. One sentence or even a phrase within the initial contract can determine your success or failure. VCs are consummate professionals, and you will have to become one before playing in their league.

Who Should Attend ?

Thelearningtobefearless advocates that you belong to any of this you should consider attending such skill enhancement programs. Small business owners, customer service representatives, technical and support personnel, field service representatives, account managers, credit and billing specialists, as well as managers who want service excellence training.

How You Will Benefit ?

You would be able to deliver better, faster service, and increase customer satisfaction through a customer service excellence seminar. You will learn how to gain repeat business in Tampines Singapore.

In addition to all this you should often check the Government jobs portal that aims to provide Singaporeans and  Permanent Residents (PRs) with free job search service that matches them to jobs based on their relevant skills.