Reindustrialisation and Technology Training Programme (RTTP)
RTTP aims to subsidise local enterprises on a 2 (Government) : 1 (Enterprise) matching basis to train their staff in advanced technologies, especially those related to “Industry 4.0”.
- Maximum Funding Support: $500,000 for each enterprise in each financial year.
- Mode of funding: Reimbursement with an option for 50% partial advance payment of training grant.
- Both local and non-local training courses are supported by the RTTP.
- Supports two types of training courses: Public courses are open to the public for enrolment and applications for course registration should be submitted by course providers. Tailor-made courses are designed for a particular enterprise (or enterprises) and the course proposals should be submitted by the enterprise concerned as part of the training grant application.