Find grants, funding and support programs from across government to help your business grow and succeed. When searching for funding in International Business Park 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 International Business Park 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.
The Role of Skill Development and Higher Education in Economic Growth
The government, under SMIDEC (Small & Medium Industries Development Corporation), MATRADE (Malaysia External Trade Development), MECD (Ministry of Entrepreneur & Co-operative Development), MTDC (Malaysia Technology Development Corporation), MOSTI (Ministry of Science, Technology and Innovation) and CGC (Credit Guarantee Corporation) offer grants to Malaysian companies that meet the criteria for governmental funding ranging from 50% to 100% reimbursable grants for the purposes of brand promotion, product development, research & development and marketing activities. Currently, the individual grants ranges from a few hundred thousands to two millions (Malaysian Ringgit) in the form of 100% and 50% reimbursable grant, respectively.
The grants are specifically for Malaysian SME/SMI (Small Medium Enterprises/Small Medium Industries) and formal applications must be made directly to the respective governmental agencies.
So far, according to governmental sources, the quota for the grant disbursement has not been fully utilized and there is still a substantial amount of such grants available.
To apply, the companies must first be vetted for eligibility. If eligible, a standard official application form must be duly completed and submitted to the relevant agency together with a comprehensive business plan, marketing plan and pertinent information such as Profit & Loss Accounts, Trademark or Service mark registration and other relevant documents.
Most SME/SMI in Malaysia however lacks the business fundamentals, such as a formal business or marketing plans. This is where outsourcing such services to business consulting firms adept at dealing with the government agencies will be helpful. Such firms will guide and assist in the application process and ensure that the required business and marketing plans are in the correct formats.
To support Singaporeans based in International Business Park 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.
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.
Stages Oof Capital Funding
Choosing to improve your skills can fetch you a promotion and pay rise. Employee training is an important investment that can go a long way in improving employee productivity and business competitiveness. When performed properly, training can promote employee job satisfaction and long-term career goals.
According to research studies, 40% of employees who do not receive job training within the first two years often leave their positions. They cite lack of proper skills and development as the main reason for leaving. High employee turnover should be discouraged because it usually costs the organization large sums of money in the form job interruptions, job interviews and job orientation. The importance of employee training and development include:
· Address weaknesses
The majority of employees have a few weaknesses with their workplace skills. Therefore, a training and development program seeks to improve employee skills. A training program helps to bring all employees to the same level, having the same knowledge and skills.
A weak link in any part of the organization can interfere with the overall performance of the organization because different tasks rely heavily on each other to get a task/job done. Training helps to reduce weak links within the organization and improve the overall performance of the organization. Furthermore, proper training creates a knowledgeable workforce that can take over from each other when necessary, work as a team or work independently without requiring constant supervision or help from each other.
· Improve employee performance
Employees who acquire the necessary training are able to perform their work better. They are more knowledgeable to resolve problems and more professional in their approach. A good training also helps to improve employee confidence because they have a better understanding of their responsibilities and industry.
Confidence has a way of driving employees to be more creative at their work. Therefore, continuous training is recommended highly because it can get workers on the cutting-edge of industry developments. Employees who are competent can help drive the organization to the top position in the industry.
· Employee satisfaction
Employees who get challenged through training tend to feel a sense of commitment and satisfaction. A workforce that has access to training programs offered by the employer is at a better advantage than employees from other organizations who are forced to cater for their own training.
The organization creates a supportive environment that is keen at making employees better workers. Employees who receive training facilitated by their employer feel valued. In many instances, employees end up receiving a training they did not know they required.
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 International Business Park 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.