P-Max Scheme
Please note that this grant is for companies that have at least 30% local shareholdings (i.e. Singaporean/ Singapore PR).
Agency: Workforce Singapore (WSG)
Type: Subsidy
P-Max will assist SMEs to better recruit, train, manage, and retain their newly-hired executives/professional staff. Companies will receive a one-time S$5,000 grant upon successful retention of their newly hired staff for at least 6months upon completion of the workshops under the program as well as show evidence of in-house training.
For more information on the program, refer here.
Eligibility Criteria
- The business entity is registered/incorporated in Singapore
- Annual Sales turnover of not more than S$100million, or employment size not exceeding 200 employees
- Offer newly-hired staff a gross salary of at least S$2,500 per month
- At least 30% local shareholding
