SMEs take overseas plunge with help from IE Singapore

Singapore

SMALL and medium enterprises have taken big steps in expanding overseas - thanks in no small way to International Enterprise Singapore, which in recent years has tailored its help packages more to the specific needs of companies.

The trade promotion agency, which is also pushing Singapore companies to venture abroad, has reported in its Year-in-Review that half of Singapore SMEs now have overseas revenue - and more are looking to markets beyond Singapore for growth.

"Size of the company is not a consideration on which companies we assist," IE Singapore said about its latest Joint Action Plans scheme. "Because IE Singapore customises our assistance based on whether companies are ready to internationalise and/or which stage of their internationalisation…