Local Enterprise Technical Assistance Scheme (LETAS)
LETAS has been repositioned to better address SME capability development needs with effect from 1 October 2004. Click here to find out
more.
What is LETAS?
A scheme to help local enterprises defray cost incurred in modernising and upgrading their operations through the engagement of an external consultant for a limited period of time
Eligibility Criteria
- At least 30% local equity
- Fixed assets (defined as net book value of factory building, machinery and equipment) not exceeding $15 million*
- Employment size not exceeding 200 workers for non-manufacturing companies*
*computed on a group basis
Scope of Assistance
- Generally assistance provided is up to 50% of cost of engaging external expert for an approved short-term assignment depending on the scope, depth and effectiveness of the assignment.
- Areas of work that may be supported :
- Information technology systems
- Quality management systems
- Each qualifying applicant will be supported for one LETAS project in each of the above stated project areas (this includes previous supported LETAS projects in these two areas) and limited to one LETAS project per year.
For more information, please contact:
Incentives Management Division
SPRING Singapore
2 Bukit Merah Central
#16-01
Singapore 159835
Tel : (65) 6279 3100
Fax : (65) 6276 3386
SME First Stop Hotline : Tel : (65) 6898 1800 |