At the launch on Wednesday, Peter Ong, Chairman of ESG, said the companies were chosen based on their positive growth trajectory, potential, leadership, ambition, and drive to succeed. The companies, he said, are from diverse sectors, not just retail, but also manufacturing, education, robotics, healthcare and urban solutions. This was a deliberate choice, he added, to allow for a "cross-pollination" of ideas and knowledge between sectors.
SINGAPORE (July 10): Twenty-five Singaporean small-to-medium enterprises (SMEs) from various sectors have been selected as the pioneer cohort of Enterprise Singapore’s (ESG) "Scale-up SG" programme, which is aimed at accelerating the growth of these SMEs over the next two and a half years.
Among the companies chosen include names familiar to the Singaporean consumer such as 4Fingers, Jumbo Group, Commonwealth Capital (which owns restaurant chains Pastamania and The Soup Spoon), SK Jewellery Group, Bee Cheng Hiang, Koufu, and Putien.
