LOCAL INTERNSHIP PROGRAMME
This component targets local enterprises hiring full-time interns for their local operations. Singapore enterprises offering internships (both local and overseas) are eligible for up to 70% funding support on the monthly internship stipend. Interns must be Singapore citizens or Singapore Permanent Residents from local ITEs, Polytechnics, or Universities.
ELIGIBILITY CRITERIA
For Companies:
- Company must be registered and incorporated in Singapore
- At least 30% local (Singaporean or Singaporean Permanent Resident) group shareholdings
- Be in a financially viable position to start and complete the internship
- Possess sound Human Resource processes and be committed towards talent development
- (For enterprises offering overseas internships) – Have existing overseas operations, positive business outlook and definite growth plans
For Students:
- Be a Singapore Citizen or Singapore Permanent Resident
- Be a full-time student from ITE, NYP, NP, RP, SP, TP, NTU, NUS, SUSS, SIT, SMU or SUTD
- Should not be an immediate family member (i.e. child) of any key shareholder in the company.
- Only applicable for full-time internships, where the intern is required to work up to 44 hours per week
FUNDING SUPPORT
BENEFITS
- Opportunity to engage and groom young talent
- Potential full-time staff
- Funding support to defray the costs of the internship stipend (70% for SMEs and 50% for non-SMEs)
DOCUMENTS TO PREPARE
- A valid CorpPass account to create a GRTNet account
- Company details: Company description, Group employment size, Holding company, and Subsidiaries’ details
- Details of company’s HR processes
- ACRA (within 6 months)
- Latest financial statements (within 18 months)
OVERALL PROCESS