SMEs to be given help to digitalise and venture abroad earlier

Singapore

ENTERPRISE Singapore (ESG) said on Thursday that it will embark on a new strategy to grow and develop local businesses, with an emphasis on helping a broader base of small and medium-sized enterprises (SMEs) to embrace digitalisation and take wing abroad at an earlier life stage.

Another fresh priority will be to foster market-led innovation, so that tech solutions are developed based on the needs of industry instead of being driven by technology players, said the government agency in its first year-in-review briefing.