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

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