Govt sets aside $42 million to enhance productivity of 15 economic sectors
The Government is calling for proposals to help entire sectors of the economy improve their productivity.
It has set aside $42 million to implement the best suggestions, in an effort that is being led by the Infocomm Development Authority of Singapore (IDA) in conjunction with other government agencies.
Those interested in participating must propose solutions that address a key gap in the chosen sector.
The proposals must also draw the interest of at least 10 small and medium-sized enterprises (SMEs), and must help increase the productivity of these SMEs by at least 20 per cent in their core business process.