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SME Talent Programme
(STP) for Startups
To seed early interest in entrepreneurship, ACE will help students gain exposure to the startup community through the SME Talent Programme (STP) for Startups, which will facilitate internship matching between students and technology-based local startups. In addition to internships, the programme will also assist startups in building their human capital development capabilities in identified areas such as recruitment & retention and talent management.

For Startups

70% Subsidy

of stipends paid to intern
Develop

HR Capabilities

For students

Gain

valuable insights

into the startup ecosystem

Learn directly from the founders

of the companies

For Startups

  • 70% Subsidy of stipends paid to intern
  • Develop HR Capabilities

For students

  • Gain valuable insights into the startup ecosystem
  • Learn directly from the founders of the companies

Eligibility & Requirements

  • Have a minimum of 30% local (Singaporean or Singaporean PR) share-holding
  • Incorporated in Singapore
  • Less than 5 years from date of incorporation at time of application
  • Have less than 50% ordinary shares owned by other corporate entity
  • Able to pay interns the minimum monthly stipend* of $800 to ITE and Polytechnic students, and $1000 to University students.
* With funding of up to 70%, startups under the STP will eventually pay a monthly stipend of $240 to ITE and Polytechnic students, and $300 to University students.

Additional Criteria

  • Possess good HR practices and able to provide good career opportunities
  • Commit to providing a quality internship experience for the student and display commitment towards talent development
  • Commit to continuous improvement in their business processes, HR practices and learning and development.
To further enhance your startup’s HR capabilities to meet the above additional criteria, we highly recommend applicants to participate in the "Introductory HR Course for Startups" by ACE. More information at http://ace.org.sg/ACE-Activities-Details/Workshops/7

For Startups

For Students

For enquires and further assistance, please email stp@ace.org.sg