Maritime and Port Authority of Singapore Funds Continuing Maritime Education

MCF-MANPOWER

MCF-Manpower is available for the development of manpower, training initiatives and capabilities within the maritime industry.  Accessible to companies and company-supported individuals within the maritime sector, the fund focuses on developing and enhancing the pertinent skills of employees.

With effect from 1 October 2012 and valid for a period of 3 years, the co-funding support for all MCF-Manpower Development schemes for enterprises was raised to 70%.

(A)  Training@MaritimeSingapore: To upgrade knowledge and expertise of local maritime personnel through attending approved training programmes.  Examples of supportable activities include:

• External Training - Short Courses and Certifiable Courses: To encourage maritime businesses to send their staff to attend approved training programmes by providing training grant
• In-house Training: To encourage maritime enterprises to provide in-house training to employees

(B)  Talent@MaritimeSingapore: To encourage companies to invest in the development of expertise through attachments and career development programmes.  Examples of supportable activities include:

• Industrial Attachment: To encourage maritime enterprises to invest in the development of expertise through industrial attachment conducted in local or overseas offices
• Overseas Attachment: To encourage maritime businesses to offer overseas attachment opportunities to staff, to acquire specific skills or exposure to market knowledge
• Management Associates: To support grooming of local talent for management and leadership positions

(C)  InvestManpower@MaritimeSingapore: To encourage maritime enterprises and industry associations to adopt well-structured HR and training infrastructure, tools and processes so as to attract, train and develop their talent pool.

• Industry/Strategic-level Development: To encourage maritime enterprises or industry associations to work together to attract talents and improve Singapore's maritime workforce capabilities.  These manpower development initiatives could bring about industry-specific benefits or national-level benefits to Singapore's growth as an International Maritime Centre
• Enterprise-specific Development: To encourage maritime enterprises to establish good HR practices/tools and establish training infrastructure

MCF-BUSINESS DEVELOPMENT

MCF-Business Development is available to support eligible expenses incurred in the initial development of new maritime companies and organisations setting up in Singapore, or existing maritime companies and organisations expanding into new lines of maritime businesses.  MCF-Business Development is a co-funding grant scheme available to maritime players which are committed to grow and succeed in Singapore.

MCF-PRODUCTIVITY

MCF-Productivity is available to support initiatives which raise productivity by way of enhancing business processes and work-flow; or by adopting technology solutions which lead to productivity gains.  Ship owners and operators, technical and commercial maritime service providers, maritime-related industry associations as well as technology and engineering companies with a maritime focus may apply for the MCF-Productivity.

Approval of any application to the above MCF schemes is subject to fulfillment of the relevant qualifying criteria.