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The Local Enterprise Technical Assistance Scheme (LETAS) aims to help local enerprises seek external expertise to modernise and upgrade their operations.The Scheme is administered by the Standards, Productivity and Innovation Board or SPRING Singapore.

To be eligible, a company must satisfy the following conditions:

• a . It must have at least 30% local shareholdings.
  
• b . Its fixed assets (at net book value) must not exceed $ 15 million.
  
• c . If it is in the service industry, it must also have an employment size not exceeding 200 workers.
  
  Generally, asistance support is up to 70% of allowable consultancy costs for their first project.

Brief Procedure:

• a . The eligible SMI must complete the ITAF 3 application form by enclosing M&A, Form 9, 24, 49, Latest Audited Account and Manufacturing License (if paid-up capital is more than RM2.5 million) or Local Authority License to SMIDEC.
  
  
• b . Within a month, an officer from NPC (National Productivity Council) will conduct a Factory Audit.(The officer will check if the actual factory is genuinely involve in production/manufacturing, check for the validity of the relevant license, and to ascertain if the factory is situated in the approved/designated industrial area)
  
  
• c . Within the next month, SMIDEC will release an approval letter to the SMI and the first 30% of the approved fund will be released to the SMI (no need to show invoice).
  
  
• d . Upon the receiving the approval letter, the project can commence immediately.
  
  
• e . Subsequent claims are at the next 30% and final 40% with invoice from Consultants.

• a . The company must have minimum 10 staffs and above and registered with PSMB (Pembangunan Sumber Manusia Berhad) and pay the HRDF levy at the rate of one per centum of the monthly wages of the employees.
• b . They are entitle to claim under the training scheme :- SBL Scheme
• c . Only applicable for training fee charge by the consultants.
• d . Maximum Allowable Claim is up to 100% of the training fee BUT subject to approval.
• e . The company must submit the relevant information of the training program (i.e Trainer resume, course program, fee) to PMSB and obtain the approval before commencement of the training.
• f . Upon approval, training can be conducted and the company will claim the fee incurred by submitting the original invoice to the PMSB for rebate.