SG Budget 2017: S$100m for new schemes to boost skills to operate overseas
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
THE government will set aside more than S$100 million for new schemes so Singaporeans can boost skills to operate overseas, Finance Minister Heng Swee Keat said on Monday.
It will set up a Global Innovation Alliance for Singaporeans to gain overseas experience, build networks, and collaborate with their counterparts in other innovative cities. An Innovators Academy will allow tertiary students to build connections and capabilities overseas, building on the NUS Overseas College programme.
The government will establish Innovation Launchpads in selected overseas markets, creating opportunities for entrepreneurs and business owners to connect with mentors, investors, and service providers.
Innovative foreign companies can also link up with Singapore partners to co-innovate, test new products in Singapore, and expand in the region.
To build leaders, the government will target to develop 800 potential leaders over three years, through the SkillsFuture Leadership Development Initiative. These leaders will be sent for specialised courses, and overseas postings.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
