Various Government Initiatives and Training Budget (Grants (Professional…
Various Government Initiatives and Training Budget
Definition: Initiative is specific projects or programs undertaken to achieve specific objectives in the near-term, such as to reduce costs, increase efficiency, and improve sales performance.
receive generous amounts of money
Once you have obtained one grant, you are more likely to receive others
Improves your organization's visibility and credibility.
Competition is fierce, and the success rate is low.
Increased monitoring of program activities
Earn and Learn Programme
Professional Conversion Programme (PCPs)
Productivity- Max (P-Max) Programme
Enhanced Training Support for SMEs
Capability Development Grant (CDG)
Workforce Training and Upgrading (WTU)
Help workers meet their career aspirations
secure quality jobs at different stages of life
Develop a manpower pipeline to support industry growth
Match the right people to the right jobs.
Definition: How money can be allocated for training development and delivery for an organization
Elements of a good training budget
Prioritising training needs
Planning a comprehensive Training budget
Budgeting for training needs
Using E-Learning to maximise your training budget