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Singapore unveils more support for local firms to grow

Stanislaus Jude Chan
Stanislaus Jude Chan • 3 min read
Singapore unveils more support for local firms to grow
SINGAPORE (Feb 18): Finance Minister Heng Swee Keat in the Budget 2019 speech on Monday announced measures to support start-ups and enable firms to grow, amid a push to build deep enterprise capabilities.
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SINGAPORE (Feb 18): Finance Minister Heng Swee Keat in the Budget 2019 speech on Monday announced measures to support start-ups and enable firms to grow, amid a push to build deep enterprise capabilities.

“Start-ups can only thrive if they scale up, and venture into new markets,” says Heng. “To help them do so, we will provide support in three areas: providing customised assistance, better financing options, and supporting technology adoption.”

To this end, Enterprise Singapore will launch a Scale-up SG programme in partnership with the private and public sectors. The programme will help aspiring, high-growth local firms to identify and build new capabilities, to innovate, grow, and internationalise.

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