For who?

• Senior managers and Chief Executive Officers (CEOs) of small and medium enterprises (SMEs).
  
  
• You are eligible as long as your company has:
  
  
  • 30% - 100% of your shareholding is local
  • group fixed assets worth S$0 - S$15 million*
  • 0 - 200 employees* (for companies in the services sector)
  • an annual sales turnover of at least S$10 million

*Computed on a group basis. Where 20% - 100% of your shares are owned by companies, the total value of your fixed assets and employees is calculated three levels up. Where your companies owns 51% - 100% of another company (subsidiary), your subsidiary's fixed assets and employees will also be added to the computation.

For what?

• To encourage senior managers and CEOs to enhance their business management expertise by offering customised and affordable management courses tailored to SMEs.

How much?

• Funds are allocated to partnering Institutes of Higher Learning (IHLs). The funds lower the operating costs and costs of customising course materials for SMEs. The IHLs pass on these savings to course participants in the form of lower course fees.
  
  
• The following subsidised courses are available:
   

  IHL	Courses Offered	Fees Per Participant
  Nanyang Technological University (NTU)	Nanyang Executive MBA	S$37,500 (exclude GST)
  	NTU-SPRING Open Programme for SMEs	S$12,000 (exclude GST)
  Singapore Management University (SMU)	SMU-SPRING SME Leaders Advanced Management Development Programme	S$8,150 (exclude GST)
  SIM University	SIM University Executive Masters in Technology Entrepreneurship	S$12,000* (exclude GST)

  * Participants must pay the full course fee of S$24,000 first. The 50% AMP subsidy wil