The Enterprise Assistance Grant Scheme [E-Assist] aims to build sustainable business growth for high-potential local media enterprises. The scheme focuses on helping companies achieve long-term sustainable growth through productivity.
With effect from 1 July 2012, Enterprise Assistance has been enhanced with Enterprise Assistance (Productivity) to help media companies raise efficiency through process improvements and digital migration. Funding for process improvements has been made possible through support from the National Productivity and Continuing Education Council (NPCEC) which is a tripartite council set up in April 2010 to achieve national productivity growth over the next ten years. Funding for digital migration, however, is by MDA under its Singapore Media Fusion Plan.
Enterprise Assistance (Productivity) [E-Assist (Productivity)]
E-Assist (Productivity), administered as part of the Enterprise Assistance Scheme, aims to stimulate process improvements of the media sectors by catalysing the adoption of more up-to-date production technologies by the industry, especially in the critical workflow processes of content creation, content asset workflow management and automation. In addition, it aims to widen consumption and monetisation footprint via digital migration. E-Assist (Productivity) supports Singapore-registered organisations listed in the Media Singapore Standard Industrial Classification (SSIC) Code with at least a 30% local shareholding. More details are available in the E-Assist (Productivity) Guidelines.
If you would like to find out if your company is listed in the Media SSIC code, enter your SSIC code here.
» What we will support
» How you can apply
What we will support
Enterprise Assistance (Productivity) is provided as a grant of up to S$150,000 for process improvements and up to S$300,000 for digital migration per company. Each grant is subject to a cap of 30% of the total qualifying cost for the project. Upon approval, the grant will be given over a few disbursements based on the completion of deliverables.
The qualifying expenses for Enterprise Assistance (Productivity) may include in-house capability development, hiring of experts, technological capability enhancements and process enhancements.
Companies with more ambitious plans for their next tier revenue growth are welcome to contact us for enhanced support.
How you can apply
MDA will work with interested applicants to agree on the scope and quantum of grant, before they submit a proposal outlining the company’s plans for productivity improvements using the official MDA Application Form together with the company’s Audited Financial Statement (latest three years).