Singapore companies have benefited from LETAS grant of up to 50% of project cost per company, administrated by SPRING Singapore Assistance Support. This grant is set by SPRING to assist companies in harnessing the massive business opportunities made available via the Internet.

We are able to consult you in the following areas:

• How your business benefit from your new corporate web presence as well as your e-commerce Internet capabilities.
• Application of LETAS grant from Spring Singapore.
• Providing your company a professional web site with e-commerce.
• Link your corporate website to many Search Engines in world wide.

Eligibility Criteria
1) At least 30% local equity

2) Fixed assets (defined as net book value of factory building, machinery and equipment) not exceeding $15 million*

3) Employment size not exceeding 200 workers for non-manufacturing companies*

*computed on a group basis

Scope of Assistance
Generally assistance provided is up to 50% of cost of engaging external expert for an approved short-term assignment depending on the scope, depth and effectiveness of the assignment.

Areas of work that may be supported :
Information technology systems and Quality management systems

Each qualifying applicant will be supported for one LETAS project in each of the above stated project areas and limited to one LETAS project per year.

Definition of an External Expert
An external expert is defined as a qualified and experienced person not in the employment or remuneration of the applicant company. This person shall not be related to or be in the employment or remuneration of a joint-venture partner, an affiliated company or a principal in a trading/agency relationship with the company. The external expert can be recruited internationally or locally.

Application Procedure

All application for LETAS assistance should be made on the prescribed form fully completed and received by SPRING Singapore before the commencement of the assignment. Applications received after the commencement of the assignment will be rejected.

Information Technology (IT) Projects

Eligible local enterprises can obtain assistance under LETAS to defray the cost of engaging qualified and reputable IT consultants for their computerisation project including IT E-Commerce implementation. All applications should be made on the LETAS application form together with a copy of the consultancy proposal, following the suggested consultancy proposal format.