I believe the amount is in Singapore dollars which is actually about 7 million U.S. dollars. (Notice the 'S' in front of the amount.) And the terms "within its current operations" sounds to me like it is in house. Doesn't have to be, could mean within the company, but it sounds like in house. I think you would want it in house for a number of reasons such as security, cost and efficiency of operations.

The Company is eligible to receive support up to a maximum of S$10,699,000 over five years pursuant to the EDB letter of offer, subject to headcount and expenditure thresholds.

Poet, through its acquisition of DenseLight Semiconductors, reaffirmed its strategic intent to expand its R&D and manufacturing operations in Singapore. Poet will establish an integrated photonics centre within its current operations to further develop and commercialize differentiated photonics and opto-electronic products.