Partnerships for Capability Transformation (PACT) Grant

Partnerships for Capability Transformation (PACT) Grant

Grant Agency: SPRING Singapore

Commonly known as PACT

Official Site: https://www.spring.gov.sg/Developing-Industries/Industry-Initiatives/Pages/partnerships-for-capability-transformation.aspx


Grant Description

Aim(s):

  • To increase the research and development capabilities of SMEs

Under the Capability Transformation (PACT) Grant, SPRING and large organisations (LO) work on collaborative projects together for the following areas:

  • knowledge transfer to SMEs
  • Increasing the capability of the LO’s new or existing suppliers
  • Developing and testing innovative solutions between LOs and SMEs

Through this grant, the government will act as the LO and work with SMEs to develop novel solutions for the industry.

Approved projects are qualified to receive a grant of up to 70% of development cost.


Qualifying Criteria

Criteria for large organisation:

  • $100 million in sales revenue and above

Criteria for SMEs:

  • Singapore based company
  • Minimum 30% local shareholding
  • group annual sales turnover of nor more than $100 million
  • employment size of not more than 200 employees

End Date of Grant

Tentatively none.