"Up to 70 percent of manpower costs can be funded on a reimbursement basis up to a cap of S$250,000," said Lauw.

Timely relevance

John Paul, managing director of iCognitive, a consultancy specializing in the SCOR model, said that the programme was most timely in face of the current recession.

"How can companies keep afloat?" he asked. "It is by reducing cost, and this programme is most relevant in helping companies streamline and do just that."

Another particularly relevant aspect of SCOR is that the latest version 9.0 includes GreenSCOR, which encompasses concepts that enhance eco-friendly practices.