Beyond giving grants, EnterpriseSG seeks to be more proactive about helping businesses transform
It will no longer be a one-way track where the agency engages companies to help them succeed, says its new chairman
Add BT as a preferred source
ENTERPRISE Singapore (EnterpriseSG) wants to provide not just grants, but personalised advice to local businesses on how to transform and innovate, said its new chairman Lee Chuan Teck.
This is the new proactive role he wants the statutory board to play from now on, as Singapore aims for annual growth of 2 to 3 per cent on average over the next decade.
“The approach is quite different. Now, companies come to us when they want a support grant. Henceforth, it’s not just that one-way track,” he said in his first interview with the local media since taking over from former chairman Peter Ong on Apr 1.
TRENDING NOW
Buyer for England striker Harry Kane’s former mansion must pay £3.4 million after abandoning deal
Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
