Companies under Scale-up SG programme to receive ‘one-off’ boost in support for a year

SINGAPORE: Companies under the Scale-up SG programme, which aims to groom high-growth local businesses into global leaders, will receive more support in terms of participation costs – up from 70 per cent to 80 per cent – for a year until September 2021.

“Amidst these difficult circumstances, we are not going to slow down our pace to help our promising companies to conquer global markets. In fact, we are going to step up our pace,” he said following a tour at precision engineering firm AEM Holdings on Monday morning with Manpower Minister Josephine Teo and Senior Minister of State for Health Koh Poh Koon.

It comprises three phases over two and a half years, in which the companies get to work with partners from McKinsey & Company and PwC Singapore, and also learn from one another to strategise and execute business acceleration plans. “Our promise to all our promising companies is, so long as they have the ambition drive, we will find the means to help them realise their dreams to penetrate the global markets, and to grow from strength to strength,” he added.

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More support for high-growth local companies despite pandemic: Chan Chun SingSINGAPORE - There will be more support for promising companies to help accelerate their growth despite the coronavirus pandemic, said Minister for Trade and Industry Chan Chun Sing during a press briefing on the precision engineering sector on Monday (Sept 14).. Read more at straitstimes.com.
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