Higher funding support for industry associations to develop the industry during the economic downturn. 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 by industry associations to raise the capabilities of logistics businesses in Singapore.
  
  
• Logistics businesses and companies can participate in and benefit from LEAD-supported projects by SLA.

For what?

The funds and assistance received by SLA from LEAD will be used to:

1. Conduct a branding exercise
   The branding exercise will help to:
   
   
   • improve the image of the logistics industry and make it easier to attract and retain talent
     
     
2. Conduct research and benchmarking studies
   The studies will help to:
   
   
   • identify key attributes of successful logistics businesses
   • gather and publish information on trends and opportunities in the industry
   • help in capability upgrading
     
     
3. Set up an education and training institute
   The SLA Training Institute will be set up to offer:
   
   
   • skills upgrading courses to nurture new talent for the industry
   • scholarships and attachment opportunities for logistics professionals to help accelerate the development of companies
     
     
4. Develop resources and competencies
   These knowledge-based resources will benefit the entire industry. Examples of resources include:
   
   
   • an IT system to improve supply chain collaborations among logistics businesses
     
     
   • best practices guides to encourage the adoption of best practices and raise the overall standard of the logistics industry
     
     
   • supply chain security guidelines and a training course to prepare logistics businesses for upcoming regulations
     
     
5. Organise business missions, seminars and networking events
   The networking sessions and business missions will:
   
   • highlight local and overseas business opportunities for logistics businesses

Things to note

• LEAD supports and funds industry associations, not businesses.
  
  
• Logistics businesses can benefit from LEAD by participating in LEAD-supported programmes and services by SLA.

Changes from 1 February 2009 - 31 January 2010

• 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 new projects carried out from 1 February 2009 to 31 January 2010.

	Existing	Revised
Funding support	Up to 70% of eligible costs for association's projects	Up to 80% of eligible costs for association's new projects

For more info

Local Enterprise and Association Development (LEAD)
SPRING Singapore

Officer-in-Charge

Mr Quek Aik Teng
LEAD Project Manager
Singapore Logistics Association (SLA)
2 Bukit Merah Central #04-02
SPRING Singapore Building
Singapore 159835         

Tel:  (65) 6499 9799
Fax: (65) 6499 9788
Email: slamail@sla.org.sg

Related Official Speeches

• Speech by Mr Loh Khum Yean, Chief Executive of SPRING Singapore, at the SLA CEO Networking Cocktail Event, 1 November 2008
  
  
• Speech by Mr Quek Keng Liang, Chairman of Singapore Logistics Association (SLA), at the SLA CEO Networking Cocktail Event, 1 November 2007

Related Articles

• Logistics industry receives S$7 million boost for new projects, Enterprise Today, SPRING Singapore, January/February 2008