OVERSEAS INTERNSHIP PROGRAMME

This component targets local enterprises seeking to send full-time student interns to their overseas operations. Singapore companies 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.

For the overseas component, in addition to the Internship Stipend, students will receive Monthly Subsistence Allowance and lump-sum Travel Allowances.

HYBRID INTERNSHIPS (LOCAL + OVERSEAS)

Internship opportunities with Singapore enterprises, where enterprises have the flexibility of providing internship opportunities in Singapore and in their overseas markets for the entire internship duration.

Example:

For a 6-month internship stint, the Singapore enterprise can choose to have the intern based in its Singapore office for 4 months and for the intern to be sent to their overseas markets for the remaining 2 months.

The Singapore enterprise must minimally offer a continuous two-week internship stint in their overseas market.

wances.

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 30% for non-SMEs – will likely be increased to 50% for non-SMEs)
  • Monthly Subsistence Allowance and lump sum travel allowance for overseas internships will be co-shared between Enterprise Singapore and IHLs.
DOCUMENTS REQUIRED
  • 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

 

To find out more, please contact Ms Michele Ng at michele.ng@sra.org.sg or call 91867938.