The move comes as an enhancement of the Technology for Enterprise Capability (T-Up) scheme, and looks to support local companies in their overseas in-market projects, technology developments and last-mile product customisations.
Local small – and medium-sized enterprises (SMEs) with research and development (R&D) projects abroad can soon tap on additional support.
Come April 1 next year, these companies can get aid to cover up to 70% of their costs from living abroad, air travel and seconding research and engineering talents.
