Updated: 1 June 2017 GUIDELINES FOR CAPABILITY DEVELOPMENT GRANT (CDG) PROJECT PROPOSAL The project proposal provides background information on your company and the upgrading project details, including its scope, outcomes, and impact. The following serves as a guide to how your project proposal can be structured to support your CDG application. As the project proposal is a key consideration during the evaluation process, please provide as much relevant information as possible. Section A: Company Information 1. Company Background Year of establishment Number of employees Company’s history Core business activities: o Value proposition o Key products / services o Key customer segments o Key operating markets Shareholding structure, detailing the parent and / or holding companies, subsidiaries, and / or related entitles of the company (if applicable) ACRA statements of all parent and / or holding companies 2. Business Growth Plans Company’s goals for the next 3 years o E.g.: projected revenue growth, employment growth, and/or increase in no. of branches, new markets expected, attainment of certification or standards, improvement in people or service capabilities, new business models and restructuring of company. Please elaborate on how you intend to achieve the abovementioned growth objectives. Section B: Project Information [For Product Development projects, please skip this section and refer to the guidelines for CDG-PD proposal (Section B: project information) on page 4] 1. Project Title 2. Project Objectives Please elaborate on the current state of your business operations or processes, highlighting the challenges faced or opportunities identified and how these will be addressed by the proposed project. Please describe clearly how the project will resolve the challenges identified, improve current processes, and/or allow your company to seize new opportunities. 3. Project Scope, Schedule, and Deliverables Please describe the project scope, including flowcharts and diagrams where relevant. Please provide a Gantt chart detailing the project start and end date, timeline, deliverables, and consultants’ man-day involvement. You may also use the following table: Updated: 1 June 2017 Phase Task / Description Cost E.g. 1 Key Activity / Process 1 E.g. business requirements gathering Feasibility study Gaps analysis Key Activity / Process 2 Key Activity / Process 3 … 2 Total Phase E.g. 1 Company project team members involved Deliverables $5,000 Man-days involved by consultant / service provider 5 man days James Tan Item 1 Item 2 Item 3 … … … $60,000 10 man days 2 man days … 60 man days James Tan, Jill Tan Jill Tan … … Please reflect the details of the company’s internal project team and their involvement at each of the project phases. You may use the following table: Name and designation James Tan, Chief Financial Officer Jill Tan, Technical Manager Project roles and responsibilities Project leader Establish company’s goals and project requirements Draft technical specifications 2 James Tan, Chief Financial Officer - Plan strategy and financial projections with consultants 3 David Lim, Operations Manager - Management representative for S-class application 4. Project Impact Please provide the following information: Qualitative and quantitative outcomes expected from the project o Quantitative outcomes, e.g.: increase market share or sales by x% in y no. of years / improve customer satisfaction score from x to y / reduce process time from x man-hours to y man-hours / reduce costs from $x to $y. o Qualitative outcomes, e.g.: new process guidelines / new products and services ideas / improved operations / gone through a certification process / stronger talent retention. Description of the capabilities that this project will help your company to build and how the project will contribute to your company’s growth plans. [For Human Capital Development Projects] Please elaborate how the project will enhance the company’s human resource functions and/or capabilities in attracting, developing, and retaining talent. [For Productivity Improvement – Land Projects] Please provide details on the company’s relocation plans: Description of the company’s business model after the proposed relocation, as well as the intended use for land that is freed up, e.g. repurposing for higher value-added activities, subletting, putting up for sale in private market. Description of the current and future premises, e.g. activities carried out, plans for re-designed processes and workflows. [For Enhancing Business Processes for Productivity Projects] Please provide details on the company’s process enhancement plans: Description of the current business workflow or internal processes Description of the inefficiencies/challenges in the current workflow/process Description of the industry norms/practice for managing this process Updated: 1 June 2017 For Enhancing Business Processes for Productivity Projects which include purchase of equipment/software for automation Please provide the following information: Has there been any changes in the workflow/processes in order to purchase this piece of automation? Describe the changes (e.g. changes to supplier orders, compatibility with other equipment in the process line) Is there a forecasted increase in the demand of products/services by customers which justifies the need for this equipment/software? (e.g. new customer market, industry trends) What are some potential process bottlenecks that may be faced after project implementation, and are there any measures that will be put in place to manage it? (e.g. review in space layout, changes to SOPs) How long will it take for this equipment/software solution to reap cost savings/benefits? (e.g. cost of equipment/software vs dollar benefits from manpower savings) Please fill in the table below to illustrate the changes to company’s internal processes, showing at least 2 productivity indicators, before and after project implementation. For projects involving energy efficiency, please provide expected energy and cost savings. Energy consumption before and after project implementation should be measured. Process Before Project Time / Cost / Space / Manpower required Process After Project Time / Cost / Space / Manpower required Productivity Savings (in days, $, %, sq ft, number of staff) 1. 2. [For Service Excellence Projects] Please provide details on the current customer experience as well as the expected outcomes of the key project initiatives: What are your key customer touch points e.g. in-store, online store, email correspondence, call centre? How do you currently evaluate your customer satisfaction levels and service performance e.g. time taken to resolve complaints or respond to feedback? Please outline existing measurements if any. How will the project’s key service initiatives: o Help your company to understand your customer needs and requirements? o Enable employees to deliver the desired service experience? o Involve customers in creating a good service experience? 5. Project Financing Please elaborate on how your company plans to fund the proposed project (especially if your project cost is more than your company’s profits in the last FY). 6. Consultants / Solution Providers Please indicate the reasons for your choice of consultant and/or solution provider for this proposed project. Updated: 1 June 2017 [For Product Development Projects] Guidelines for CDG-PD Proposal (Section B: Project Information) Note: Applicants seeking support for Product Development are required to furnish detailed market study and user validation reports. For Small Volume Production, applicants are required to have completed the initial working prototype, secured commercial interest, and engage a local contract manufacturer. 1. Project Title 2. Project Objective, Scope and Deliverable What does the project hope to achieve? Describe the problems your project is trying to solve. How does the new product/service work? Describe its functions/ modules. Where possible, use flowcharts or diagrams for illustration. What is the software used? What is the hardware used? What is the underlying technology, and why is it innovative? Are there similar systems / solutions in the market? If so, what differentiates you from the incumbents/ competitors? How does the proposed approach better address the identified problems statement? Are there any barriers to entry (e.g. market conditions, proprietary knowledge, technology, data, etc.) which makes replication of your product/service difficult for your competitors? 3. Project Development Please provide a Gantt chart detailing the project start and end date, timeline, deliverables, and consultants and/or team members’ man-day / month involvement. Please reflect details of the consultant/company’s internal project team, such as their roles and responsibilities, and their involvement at each of the project phases. For each key technical project team member, provide details including: o o Qualifications, such as education level, certification; and Relevant working experience and past achievements Please indicate the reasons for your choice of consultant and/or solution provider for this proposed project. 4. Market Potential and Strategy Highlight the target market in terms of customers, market niche and geographical coverage. What is the estimated market size for the product? Provide charts to illustrate its potential in 3 years' time. Outline the company's pricing, promotion and distribution strategies. Describe each customer group (e.g. distributors, dealers, end users) briefly, including its function in the marketing chain. Describe the sales strategy. How will the product be priced? How does the company ensure that it will sell? Has the company obtained any indications of interest from relevant reference customers, partners (e.g. system integrators, resellers/distributors, etc.) or third party investors for the proposed product? 5. Project Impact Qualitative and quantitative outcomes expected from the project, such as: o Increase Sales/ Revenue o Increase Competitiveness/ Customer Satisfaction/ Efficiency o Create New Product/ Service/ Patent/ Business Area Please describe the capabilities that this project will help your company to build and how the project will contribute to your company’s growth plans. How will the entire industry benefit from the product/ solution (such as better performance, more costcompetitive)? Are there foreseeable problems? If so, are there solutions to the problems? Updated: 1 June 2017 6. Project Financing Please elaborate on how your company plans to fund the proposed project (especially if your project cost is more than your company’s profits in the last FY).
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