Maritime Cluster Fund (MCF)

MCF - MANPOWER

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

(A) Training@Maritime Singapore: 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 Course: 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@Maritime Singapore: To encourage companies to invest in the development of expertise through attachments and career development programmes. Examples of supportable activities include:

• Industial 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@Maritime Singapore: 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-wide Development: To encourage maritime enterprises or industry associations to work together to attract talents and improve Singapore's maritime workforce capabilities
• 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 - SUPPORTED SECTORS

Within the diverse maritime sector, the Maritime Cluster Fund aims to cover the entire spectrum of value-added and knowledge-based areas, including shipowners and operators, ship management, ship financing, ship brokering/chartering, maritime law/arbitration, port terminal management planning & development, port economics, marketing & pricing, marine insurance, marine engineering & naval architecture and seafaring.

For more information on the Maritime Cluster Fund and how you can benefit, contact us at the MCF Secretariat via email or by telephone:

Email: mcf@mpa.gov.sg

Mdm Aidil Suraya: Tel: (+65) 6375 1903

Ms Susan Gan Tel: (+65) 6375 1922