More support for 'high-growth' enterprises to scale up

CFE report offers ideas such as the twinning of big and small firms, and for better access to financing and to encourage digitalisation

Published Thu, Feb 9, 2017 · 09:50 PM

SMEs

Singapore

STRENGTHENING the capabilities of enterprises to innovate and scale up was a major theme in the Committee on the Future Economy (CFE) report, which sets out Singapore's economic direction for the next five to 10 years.

Minister for Trade and Industry (MTI) S Iswaran, who co-chairs the 30-strong CFE, emphasised that developing such capabilities for local enterprises is key to sustaining Singapore's economic growth.

One recommendation of the CFE is to provide "high-growth" enterprises with more customised support so they can take wing overseas and emerge as leaders in their fields.

In response to further queries by The Busi…

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