The Overseas Markets Immersion Programme (OMIP) supports companies interested in overseas expansion by reskilling employees with little to no overseas experience in the market. This allows companies to invest in their employees’ development and ultimately enhance their global mobility.
Participating companies will work with Singapore Business Federation (SBF) to create customised employee training plans. The training plan (with a minimum of 9 months) will consist of on-the-job training (OJT), optional classroom training, or both, depending on the company’s requirements. At least 6 months must be based overseas (1 identified country) on a relocation basis.
PMETs = Professionals, Managers, Executives and Technicians, refer to SSOC Major Groups 1 to 3. Click here to access Singapore Standard Occupational Classification SSOC.
Eligibility Criteria
Company Eligibility Participating companies must be:
Registered or incorporated in Singapore
Committed to working with WSG and SBF on the necessary administrative matters related to the programme
Have a clear market expansion/business transformation plans with defined KPIs leading to business growth. The overseas posting should not be the Business-As-Usual practices such as being part of their required orientation, travelling for one-off project, etc.
Develop a sound training plan that supports the growth of the company. There should be a discernible gap in market knowledge or skills/competencies; such as country regulatory practices, country operations, local stakeholder management, collaborations, technology adoption, etc., which the identified employee needs to be reskilled in.
Have conducted their due diligence and ensured that the overseas posting complied with the regulation of that country.
Offer full-time permanent or contract (at least 12 months) position with a minimum fixed monthly salary of at least $4,000
Salary and overseas allowance may be paid by either the SG-based entity or its overseas-based entity with a direct business relationship i.e. parent company, subsidiary, branch, or joint venture (where the SG-based company holds majority shareholding). Companies are required to submit an external audit report for OMIP claims for payments made by overseas-based entities
Trainee Eligibility Candidates under the programme must fulfil the following criteria:
Singapore Citizen or Permanent Resident
Minimum 21 years old
Must have graduated from full-time studies or completed NS (whichever later) at least 2 years prior at the point of application
Must not be related to the CCP participating company such as:
Shareholder of CCP company or its related companies;
Related to the owners of the CCP company; and
Immediate ex-staff of the CCP company or related entities
Must not be undergoing any programmes concurrently, for similar funding components and receiving manpower funding for salaries from other Government agencies for their operations
Should have little or no prior experience in identified new role, industry, and market
Must not have started training before application is approved
1. Mid-Career Individuals (New Hires):
CCP approval and OJT start date must be within 3 months from their employment date.
Minimum 4 weeks required for assessing and clarifying upon submission of full info/documents (application submitted with less than 4 weeks for approval will be rejected).
2. Job Redesign Reskilling (Existing Employees):
Employed by the company for at least 1 year at the time of application
Detailed career development plan outlining progression over 24 months, along with quantifiable short-term KPIs to be achieved after training
Identified business-related short-term KPIs and outcomes post-training
How to Apply
For more information about OMIP programme and application procedures, please email to enquiries@sfma.org.sg