Enterprise Singapore launched the Global Ready Talent program (GRT) on 10 October 2019, with 60 Singapore companies coming on-board to offer 110 overseas internship positions and 86 management associate positions.
GRT aims to build a pipeline of talent to support the global aspirations of Singapore companies, by exposing young talent to overseas work opportunities and equipping them with in-market knowledge and strong cross-cultural understanding. These are critical skills that will help companies identify opportunities in the market and navigate the business landscape.
The participating companies come from various industries such as lifestyle and consumer, infocomm and media, trade and connectivity, manufacturing and engineering, and urban solutions and infrastructure services, with majority of the overseas placements positions located in Southeast Asia, China and India.
Mr Png Cheong Boon, Chief Executive Officer of Enterprise Singapore, said that the program “connects exciting regional opportunities from local enterprises with a pipeline of young talent keen to gain in-market experience. The companies we have with us today are committed to investing in grooming their talent, and we hope to see more of such companies coming on-board this program.”
The GRT program comprises two components, with funding support provided for both. Under the internship component, Singapore enterprises seeking support for business expansion strategies are given support to offer local and overseas internship placements to students from the ITEs, polytechnics and local universities.
Meanwhile, under the management associate component, Singapore enterprises are enabled to train and deepen the in-market knowledge of their young Singaporean employees. The program supports enterprises posting fresh graduates or young employees with up to three years of work experience, to regional markets such as Southeast Asia, China and India for at least a year. Enterprise Singapore will partner Trade Associations and Chambers (TACs) and Institutes of Higher Learning (IHLs) to facilitate internship placements. It will work with TACs to evaluate and qualify promising Singapore enterprises to come on-board the program, and with IHLs to encourage student participation.