The Restaurant Association of Singapore (RAS) has received support under LEAD to embark on projects which will significantly benefit the F&B industry as a whole.
| Higher funding support for industry associations to develop the industry during the economic downturn is extended till 31 January 2011. Find out more about the changes. |
Aims
- LEAD funds and assists industry associations who are taking the lead to embark on projects which will result in significant benefits for the whole industry.
For who?
- LEAD supports projects undertaken by the Restaurant Association of Singapore (RAS). F&B businesses can participate in projects supported by LEAD and run by RAS.
For what?
- The funds and assistance that RAS receives under LEAD will be used to:
- Build a Skilled And Professional F&B Workforce
RAS has set up the Singapore Culinary Institute and will be developing 30-40 F&B training programmes to improve the skills and professionalism of the industry. This will also help to raise the image of the F&B industry and attract more people to join the industry.
- Develop Market Intelligence And Resources For The F&B Sector
RAS will develop a resource database on emerging trends and opportunities, human resources practices and customer segment studies.
- Develop The Capabilities Of F&B Businesses
RAS will help F&B businesses strengthen their business and management capabilities through the use of IT, branding, franchising and internationalisation.
Things to note
- LEAD supports and funds industry associations and not businesses. To benefit from LEAD, businesses can tap into the services (training, market intelligence, etc.) that the industry association offers.
Background
- RAS is one of the first industry associations to receive LEAD support since the government launched the programme in May 2005.
- S$50 million has been set aside under LEAD to support projects lead by industry associations.
Changes from 1 February 2009 - 31 January 2011
- LEAD is part of BUILD (Business Upgrading Initiatives for Long-Term Development) which helps businesses to strengthen their capabilities during the downturn for future growth.
- BUILD also provides higher funding support to industry associations for LEAD projects. This applies to activities carried out from 1 February 2009 to 31 January 2011.
For more info
Local Enterprise and Association Development (LEAD)
RAS Projects supported by LEAD
SPRING Singapore
Officer-in-Charge
Ms Sugino Kay
Manager
Food & Beverage, Industry Development Group
SPRING Singapore
Tel: (65) 6279 3166
Email: sugino_kay@spring.gov.sg
