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Unlock AI for Your Business: New Program Offers 90% Funding
30 Apr
Summary
- New AI training program for SMEs launched by Singtel and SIM Academy.
- Program costs SGD 15,000, with up to 90% SkillsFuture funding available.
- Eligibility criteria include company registration and financial metrics.
A new eight-week training initiative called AI.dea has been launched by Singtel and SIM Academy to assist small and medium-sized enterprises (SMEs) in adopting artificial intelligence. This program was developed in response to concerns frequently raised by SMEs regarding AI implementation. The curriculum includes in-person sessions delivered by a panel of experts.
Trainers for AI.dea comprise specialists from Singtel, consultants from SIM Academy, and legal professionals from Drew & Napier. The standard fee for the program is SGD 15,000 per participant. However, SMEs registered in Singapore that meet specific eligibility criteria may qualify for up to 90% in SkillsFuture funding. This substantial subsidy significantly reduces the cost to approximately SGD 1,500 per person. Eligibility requires adherence to criteria concerning the company's capital, revenue, or employee numbers.
