SPRING, IE Singapore to merge as government braces for future economy

SINGAPORE (Sept 5): Minister for Trade and Industry (Industry) S Iswaran on Tuesday announced the merging of SPRING Singapore and International Enterprise (IE) Singapore to transform the way economic agencies work with local enterprises.

The new government agency, Enterprise Singapore, will integrate SPRING’s focus on building the capabilities of start-ups and small and medium enterprises (SMEs) with IE’s development of Singapore as the preferred international trading hub from which companies expand overseas.

“Through Enterprise Singapore, start-ups will not only benefit from the capability development support that SPRING has been providing, but will also be plugged into IE’s international networks, especially in fast growing regional markets,” Iswaran says at the opening of the Singapore Business Federation (SBF) Centre on Tuesday.

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