The PACT programme encourages mutually beneficial collaborations between companies. The nature of collaboration should go beyond regular business activities.
One enterprise should undertake the role of a leader (known as a “Lead Enterprise”) in driving projects to benefit the group of companies.
Projects may be related to capability development or joint business development. Below are some project examples:
Support for SMEs will be capped at 70% and non-SMEs at 50% of the qualifying costs.
PACT projects should be driven by a Lead Enterprise, which is a Singapore registered company. It can be an MNC or a Singapore company.
The following areas will also be considered: