STANDARDS ADOPTION
Projects under standards adoption help companies adopt internationally-recognised standards and certifications in key industries and budding sectors. Project outcomes include business growth and helping your business to gain a competitive edge locally and also establish a presence in the overseas market.
What would a Standard Adoption Project look like?
The Project scope could include:
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Evaluating the relevant standards and incorporating them into the business model.
What Kind of Items and or/ Activities are Not Supported By the EDG Grant?
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Costs incurred from yearly checks or recertification of current standards.
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Local regulatory standards.
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Testing of products and validation of current or off-the-shelf products.
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Basic standards such as ISO 9001, ISO 14001,OHSAS 18001, SS 506, and ISO 4500.
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Costs that are irrelvant to the project such as operational costs to ensure that the business functions.
What is The Funding Support Level?
Enterprise Singapore is providing a maximum support level of 80% for costs for SMEs and 60% of qualified costs for Non-SMES from 1 April 2020 to 31 March 2022.
*Overview for Project Application:
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You will need to submit a solid business plan that showcases sound financial management.
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It is preferred if you have a good plan for human capital development.
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A plan for your company's sustainable growth is ideal.
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A credible service provider &/or certified management consultant is required (with Enterprise Singapore-recognised Certification)
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Be prepared to submit documents such as your financial statements from the previous year.
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Application is to be done on the Business Grants Portal.
Drop us a message to find out more about the consultancy services provided. For more information about the grant application process, refer to our FAQ.