Enterprise Singapore launches second run of Scale-up SG

Singapore

ENTERPRISE Singapore (ESG) on Thursday launched the second run of Scale-up SG, bringing 18 new local enterprises on board the accelerated growth programme.

Launched in July, Scale-up SG aims to help local mid-sized companies with high-growth potential to scale rapidly and eventually contribute significantly to Singapore's economy, as well as create good jobs for Singaporeans. The programme comprises three phases over 2½ years, in which the companies will work with partners such as McKinsey & Company and PwC Singapore and learn from one another to strategise and execute business acceleration plans.

The companies participating in the second run of the programme represent a diverse range of industries, and include more B2B businesses than the previous cohort, such as Ademco Security Group and Tai Sin Electric. Consumer brands are also fe…