CCF Basic Support Grant
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The CCF Basic Support Grant is a package of essential grants for co-ops that are unable to meet the eligibility criteria which applies to most CCF grants (i.e. positive net worth and made CCF contributions)1. The funding quantum and caps are specified below:

 

Quantifying Expenses Funding Quantum  Capped at
(per co-op)
Eligibility

Statutory audit expenses

80%
of the actual expenditure


$2,000
(per annum)

  
  

Negative net worth and/or did not contribute to the CCF due to operating deficit based on latest audited financial statements

Bookkeeping/accounting services

Training expenses 

Training expenses (short-term courses, seminars and conferences only)2

 

 
  • Negative net worth and/or did not contribute to the CCF due to operating deficit based on latest audited financial statements 



  • Must not be dormant, i.e. no reported revenue (audited) from core business for the past 2 consecutive financial years  

PDPA expenses

 

$5,0003
(cumulative)

 

Cybersecurity expenses (for ABCD solution)

$5,000
(per annum)


Prerequisites and Conditions

Unless otherwise indicated, the qualifying expenses, prerequisites and conditions for the Basic Support Grant would mirror those for the similar grants under the CCF Grant Framework. For example, the same prerequisites and conditions for CCF Training Grant would apply to claims for training expenses under the Basic Support Grant. However, the cap under Basic Support Grant is lower, and claims may only be made for short-term courses, seminars and conferences.

Application

To apply, please download application form and submit:

  1. Following worksheet tabs in the Application Form*:
    • CCF Basic Support Grant Front Page
    • CCF Basic Support Grant - Summary
    • Any other tabs applicable
    • (Kindly ensure every single worksheet tab submitted is signed)
  2. Supporting Documents e.g. invoices, receipts, certificates etc.

Completed documents are to be sent via email to your respective Relationship Manager (SNCF affiliates) or email us.
Alternatively, you can send via post to:

=================

Attn: CCF Secretariat

Singapore National Co-operative Federation 
510 Thomson Road 
#12-02 SLF Building 
Singapore 298135


=================

 

CCF Basic Support Grant 2021 Final

 

1. The following Special Grants are also available to co-operatives with negative net worth and/or did not make CCF contributions – Legal Services Grant (for by-law amendments), Outsourced Internal Audit Grant and Minimum Competency Training Grant.

2. This category can also cover claims for PDPA-related training if the co-operative has reached the cap under “PDPA expenses” category.

3. If a co-operative begins its PDPA project when it had a surplus and made CCF contributions (thus qualified for PDPA Grant under Special Grants) but incurs a deficit the following year, it will be subject to the lower cap under this Basic Support Grant. Thus, if the co-operative has already claimed more than $5k for PDPA expenses, it will not be able to claim more until it starts making CCF contributions again.

 

 

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Singapore National Co-operative Federation
510 Thomson Road #12-02
SLF Building, Singapore 298135
Email:
Tel: 9820 5730
 

 

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