The Capability Development Grant is an initiative of the Singapore Workforce Development Agency to help companies put in place HR systems to facilitate practices in prepration for the re-employment of workers above 62 years old.

Eligibility Criteria

To be eligible, companies must:

a) be registered or incorporated in Singapore;

b) have at least 30% local shareholding;

c) have group fixed assets not exceeding SGD 15 million;

d) have a minimum of 5 employees with CPF contributions; and

e) have less than 200 employees.

Companies that have previously recieved any form of funding support under the ADVANTAGE! Scheme or have attended the PREPARE program before 1 April 2010 are not eligible.