To help enhance co-operatives’ capabilities, governance and operational efficiency, the CCF Development Grant will be available every year.
It provides co-funding to co-operatives to cover various qualifying expenses.
The funding quantum and caps are specified below:

The total amount of CCF Development Grant that can be claimed by a co-operative each year is capped according to the applicable Tier A, B, C, or D. The tiering is based on the co-operative’s latest CCF contribution. 

The CCF Contribution Tiers are as follows:

 ¹ Or would have made contributions to CCF if not for any waivers of CCF contribution granted.

PREREQUISITES AND CONDITIONS

• The Co-operative must be registered with the Registry of Co-operative Societies (RCS).
• The Co-operative is not receiving or has not received any other grants from CCF (except for the Special Grants), a government agency and/or other organisation for the same expense item.
• Key appointment holders of the Co-operative such as any member of the Committee of Management (COM), Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, or an equivalent position with necessary decision-making power or officer who is authorised to sign for the Co-operative (authorised officer) have signed on grant applications. The signing by key appointment holder or authorised officer will be taken as support or endorsement by the Co-operative’s COM.
• For the procurement of any goods or service that is above $6,000 in value and where the invoice is dated on and after 1 April 2024, Co-operative needs to show that it has obtained a minimum of three quotations from vendors of comparable scope or provide evidence that it has conducted a tender exercise. For the procurement of any goods or services that is above $3,000 in value and where the invoice is dated before 1 April 2024, the Co-operative needs to show that it has obtained a minimum of three quotations from vendors of comparable scope.
• In cases where a Co-operative is unable to provide supporting documents for at least three quotations, despite making reasonable efforts, or evidence of a tender exercise, the Secretariat, in consultation with RCS, may accept the submission of other relevant supporting documents under the following circumstances:
  
  • Co-operative has sought quotations from three or more vendors but received less than three bids that meet the essential requirements outlined in the quotation or tender documents.
  • The goods or services can be supplied only by a particular supplier and no reasonable alternatives or substitute goods or services exist for any of the following reasons:
    
    • the requirement is for a work of art;
    • the protection of patents, copyrights or other exclusive rights; or
    • due to an absence of competition for technical reasons.
  • The additional goods or services to be procured from the original supplier were not included in the initial procurement and a change of supplier for such additional goods or services.
    
    • cannot be made for any economic or technical reason such as requirements of interchangeability or interoperability with existing equipment, software, services or installations procured under the initial procurement; or
    • would cause significant inconvenience or substantial duplication of costs for the Co-operative.
  • For reasons of extreme urgency brought about by unforeseen and urgent events, the products or services cannot be obtained in time by means of quotation or tender procedures.
• Grant applications submitted are for expenses incurred not more than 12 months ago.
• The Co-operative must not have outstanding CCF contributions or late payment penalties.
• Grant must only be used for the Co-operative’s expenses. It cannot be used for its subsidiary (if any) that is registered as a company.
• The Co-operative must submit the invoice and proof of payment to the vendor.
• For consultancy and other professional services, the Co-operative must provide the contract or agreement with the vendor.
• For the Salary (Accountant), the Co-operative must provide:
  
  • Certified true copy of degree/diploma certificate or any other documentary proof;
  • Copy of employment contract;
  • Letter from the Co-operative’s Chairman/CEO/CFO/COO to confirm employment status;
  • Diploma holder needs to have a minimum three years of accounting experience; and
  • Grant is only applicable for salary expense of one full-time accountant.

Please click here to find details on the changes to CCF Grant procurement conditions with effect from 1 April 2024 and the Frequently Asked Questions (FAQs) on procurement of goods and services.

APPLICATION

To apply, please download application form and submit:

1. Following worksheet tabs in the Application Forms:

     • CCF Development Grant Front Page
     • CCF Development Grant - Summary
     • Any other tabs applicable
     
Kindly ensure every single worksheet tab submitted is signed.