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Implementation is key for setup of Enterprise Singapore

The merger of IE Singapore and Spring Singapore is welcomed by industry observers who say a single entity will help boost the SME ecosystem

Published Tue, Sep 5, 2017 · 09:50 PM

Singapore

THE success of the merger of IE Singapore and Spring Singapore hinges on its effective implementation, say observers, while welcoming the newly formed government agency, Enterprise Singapore, as a hoped-for, single authority on startups and SMEs (small and medium enterprises) in Singapore.

Markus Gnirck, chief of Singapore-based fintech firm tryb, told The Business Times that the combined agency is a positive move, as it will provide support for Singapore companies "from startup to scale-up", and encourage them to be internationally focused from the outset.

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