Grant Overview
Understand how this grant can help you in your company’s digital transformation strategy
Tap on $30K Training Grant to Upskill Your Tourism Team
Equip your tourism workforce with in-demand skills using the TIP-iT grant covering 90% of training costs.
To thrive in the competitive tourism industry, your team needs to be armed with the latest knowledge and capabilities.
But training budgets can be limited, especially after COVID-19's economic impact.
Fortunately, Singapore's Tourism Industry Professionals in Training (TIP-iT) grant is available to help tourism companies like yours to upskill your workforce.
Over 3,000 words, we'll explore:
- TIP-iT grant highlights and outcomes
- Eligibility criteria for applicant companies
- Details on funding amounts and coverage
- Realistic examples of how TIP-iT benefits tourism firms
- Key pointers for creating a successful TIP-iT application
- Process to claim the grant after training completion
If you operate a registered tourism business in Singapore, TIP-iT can subsidise up to 90% of training costs to elevate your team's skills, service delivery and more.
Let's get started.
TIP-iT Grant Highlights: 90% Subsidy for Tourism Training
The TIP-iT or Training Industry Professionals in Tourism grant provides substantial funding support for tourism companies to train their personnel.
Here are key details on TIP-iT:
- Up to 90% subsidy - Receive funding for majority of approved training costs
- Capped at $30K per company yearly - Max funding is $30,000 per firm each financial year
- For tourism industry skills - Training must align with Tourism Sector Skills Framework
- For service enhancement - Outcomes should improve operations and service delivery
The goal is to uplift capabilities across Singapore's tourism workforce through subsidised training.
Which Tourism Companies Qualify for TIP-iT?
The TIP-iT grant is tailored for Singapore-based, tourism-related businesses looking to boost their competitiveness through workforce training.
To be eligible, companies must:
- Be a Singapore-registered business in the tourism industry
- Conduct training that aligns with the Tourism Sector Skills Framework
- Demonstrate training leads to improved business operations and service delivery
- Apply before commencement of the proposed training
Both existing tourism players and new startups can benefit from TIP-iT funding for impactful workforce training.
TIP-iT Can Cover 90% of Your Training Costs
The TIP-iT grant is designed to alleviate the financial burden of upskilling your tourism workers by covering majority of training costs.
The grant will subsidise:
- Up to 90% of qualifying course fees - Fees for approved tourism-related courses
- Up to 90% of qualifying trainer fees - Fees for trainers hired to conduct approved training
- Up to 90% of qualifying assessment fees - Fees for approved assessments/certifications
- Up to 90% of qualifying salaries - Salaries of employees attending approved training
The generous funding support makes strategic workforce training more accessible.
Examples: TIP-iT Benefitting Different Tourism Companies
Let's see how TIP-iT helps two hypothetical tourism firms:
River Cruise Singapore - Enhancing customer experience
- River Cruise Singapore provides luxury river tours
- Seeks to improve customer satisfaction and retention
- Taps TIP-iT to subsidise advanced customer service training for boat captains and guides
- Upgraded customer skills contribute to better on-board experiences
Outdoor Adventures Pte Ltd - Improving safety procedures
- Outdoor Adventures offers thrilling outdoor activities like zip-lining
- Recognises need to update safety protocols and training
- Uses TIP-iT funding to cover assessment and certification costs
- Ensures staff are fully compliant with industry safety standards
As you can see, TIP-iT enables tourism players to address key training needs from customer service to safety procedures.
4 Tips to Create a Winning TIP-iT Application
When applying for the TIP-iT grant, follow these handy tips:
1. Choose training aligned to Tourism Skills Framework - Ensure optimal relevance.
2. Describe how training will improve operations/service - Quantify expected enhancements.
3. Include experienced trainers - When possible, leverage expert trainers.
4. Outline robust assessments - Share how learnings will be measured.
A strong application outlining aligned training and clear outcomes will position you for approval.
Claiming Your TIP-iT Grant Funds
Once approved, you can claim the grant after completing the subsidised training:
- Carry out training as per approved application
- Retain documentation like invoices, assessment records, and salary pay slips
- Submit grant claim to STB with supporting documents
- Receive grant disbursement if requirements are met
By executing training initiatives successfully, your firm can access the generous funding support.
Upskill Your Tourism Team with TIP-iT
In today's intensely competitive tourism landscape, workforce training is a must for boosting competitiveness.
With the TIP-iT grant covering 90% of costs, there are no more excuses for not upskilling your tourism talent.
To explore how TIP-iT can empower your workforce, speak to our specialists. Simply book a discovery call through our website and we'll be in touch!
Outcomes and Impacts
- Up to 90% subsidy - Receive funding for majority of approved training costs
- Capped at $30K per company yearly - Max funding is $30,000 per firm each financial year
- For tourism industry skills - Training must align with Tourism Sector Skills Framework
- For service enhancement - Outcomes should improve operations and service delivery
