Free money for SME again. Pay only $300 for 10k productivity project. The rest can be co-funded by gahment.

[Loser]

Lawrence Wong say for 10k productivity project, SMEs can get 7k co-funded under PSG
Can even stack this scheme with the Skill Futures Productivity credit and get additional fundings such that 10k need to fork out 300 only.

Did previous schemes work?
Sinkie salaries at local SME got increase?
why nv learn lesson

Edit: Sauce at 8:00

If notch who will feed those mouths operating training centers?

 

[Coffeelix]

Lawrence Wong say for 10k productivity project, SMEs can get 7k co-funded under PSG
Can even stack this scheme with the Skill Futures Productivity credit and get additional fundings such that 10k need to fork out 300 only.

Did previous schemes work?
Sinkie salaries at local SME got increase?
why nv learn lesson

Edit: Sauce at 8:00

This is another potential for the scheming to profit big time by working on the loop holes…tolong lah…revenue is forecast to be deficits yet coming up with this
“Reap off” …his intention might be genuinely noble but do they have the personnel or measures to stop abuses…I met cpf staff who are Uni graduates working as customer service officers answering repetitive cpf questions etc…I was both shock and sad

 

[curahee]

another money making scheme for the consultant company


Read HWZ Forum Rules!

 

[Flexamoria]

Can change bigger/newer Merc model

 

[focus1974]

Lawrence Wong say for 10k productivity project, SMEs can get 7k co-funded under PSG
Can even stack this scheme with the Skill Futures Productivity credit and get additional fundings such that 10k need to fork out 300 only.

Did previous schemes work?
Sinkie salaries at local SME got increase?
why nv learn lesson

Edit: Sauce at 8:00

means the cycle of SMEs ... selling $10k productivity services which cost only $3k usually to other SMEs .... is here upon us again..

Others will throw in free ipad pro ... free laptop .. with the $10k project..

 

[Me4myself]

Wait pap minister come edmw to say you all jealous hor.

 

[Orionz]

another money making scheme for the consultant company
Read HWZ Forum Rules!

"consultant" role

 

[curiosity_20]

Feeling more like SME bosses pocket any profit increase through productivity increase. Maybe only a few drops trickle down on those companies doing these projects for them who mostly hire contract ppl only. When scheme over, these ppl tio pok again

Agree with this.

I've seen this scheme in practice...met up with many clients interested in starting business solely because of the grant. Can tell their heart isn't in the business but they are eying on the grant.

When you start a business - you've to put in 1000% of your attention on it.

Trickle down economics..boss takes home decent salary while hiring interns from Poly and ITE.

It's a win - win situation as bosses can learn how to become a better leader, while students get hands on experience in real life company.

It doesn't help with boosting productivity per se but it benefits SME bosses and students.

But to many - its like "socialism for the rich, paid for by the unrich"

 

[Perisher]

Which SME funded by SG gov eventually went on to become Global MNC? Is the risk-reward justified?

 

[Orionz]

Agree with this.

I've seen this scheme in practice...met up with many clients interested in starting business solely because of the grant. Can tell their heart isn't in the business but they are eying on the grant.

When you start a business - you've to put in 1000% of your attention on it.

Trickle down economics..boss takes home decent salary while hiring interns from Poly and ITE.

It's a win - win situation as bosses can learn how to become a better leader, while students get hands on experience in real life company.

It doesn't help with boosting productivity per se but it benefits SME bosses and students.

But to many - its like "socialism for the rich, paid for by the unrich"

bosses jin song

 

[tankgunner]

we still got so much money?

 

[Evil_Boss]

Don’t blame the players blame the game

govt give us SMEs handouts for free why don’t take

 

[Cobra!]

Don’t blame the players blame the game

govt give us SMEs handouts for free why don’t take

spoken like an evil boss

 

[capcow]

some be some SME khaki request for free money

 

[tellyphone]

How does this work actually?

Not all SME need equipments.

 

[buttbERry]

SME boss huat ah

 

[louisoh]

Hosey... Sme bosses changing bigger car n condo

 

[Shion]

dunno why keep on push so many schemes for SMEs...not like as if things got improve or what