New scheme to help local firms grow faster

Enterprise Singapore Chairman Peter Ong speaking at the launch of Scale-up SG at Conrad Centennial Hotel, July 10, 2019.
Enterprise Singapore Chairman Peter Ong speaking at the launch of Scale-up SG at Conrad Centennial Hotel, July 10, 2019.ST PHOTO: GAVIN FOO

Enterprise Singapore has rolled out a scheme to help promising companies here to grow quickly.

Called Scale-up, the 21/2-year programme was launched yesterday with 25 companies, including seafood restaurant chain Jumbo Group, childcare service provider EtonHouse International and furniture manufacturer Koda.

Companies were invited to take part and were selected based on their ambition and growth records.

Participants will work with consultants McKinsey & Company and PwC Singapore for Scale-up.

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A version of this article appeared in the print edition of The Straits Times on July 11, 2019, with the headline 'New scheme to help local firms grow faster'. Print Edition | Subscribe