Taking Singapore Forward: Supporting Small and Medium Businesses to Achieve More

Singapore is one of the world’s largest and growing economies. Strategic decision making has been one of the strongest pillars behind the rise of the country on a global level. Due to this, Singapore is becoming a popular hub for SMEs. If you are new to owning a business or if you are struggling to take your business to the expected levels of success, then you require the services of an agency that specializes particularly in this aspect.

Singapore Enterprise Association (SEA) is one such body that promotes entrepreneurial activities. Singapore Enterprise Association reviews the activities of SMEs and offers advice and encouragement to them with the goal of seeing Singapore's enterprises succeed. With rapid globalization and change in technology, the needs for new business strategies are also on the rise. Such agencies encourage the SMEs by becoming a part of their journey and transforming them.

Initiatives undertaken to promote SMEs:

• The company has tied up with management schools for various executive programmes which help to boost SMEs management skills and enterprise productivity. It will allow the SMEs to gain better insights and perspectives of the whys, whats and what-nots of team development and strengthen their leadership behaviour to perform optimally towards improvements.
• The company has a large internship programme with a wide network of interns whose services can be utilized by the SMEs. They have tied up with Ngee Ann Polytechnic School of Accountancy who helped them to introduce their new internship programme which is fully digital and able to access all internship programs in the various faculties of the Polytechnic.
• The company has also collaborated with policy pal to provide an easy solution to reduce the cost of business insurance. Policy pal offers customisable plans and provides access to the best health care services. You can also enjoy a seamless straight through process while choosing the right plan for your business.
• The company has also collaborated with e2i which is the empowering network for individuals and companies seeking skills and solutions for growth.
• Another collaboration of the company is with HKTDC which enables training of several SMEs under SEA and also allowed them to use the online database of 130,000 manufacturers and suppliers to gain access to Greater China market.
• In today’s world of modern technology, digitalization holds the key to having a successful business. The company has partnered with Platform E which is the entrepreneurship centre of Singapore Institute of Management to help SMEs transform digitally.

SMEs fulfil a plethora of roles from social security point of view such as job creation and retention to being one of the major economic drivers in the knowledge-based economy. Therefore, it becomes important to put the right set of frameworks for their policy development, delivery and evaluation. Singapore Enterprise Association aims to provide new ideas and advice to help the SMEs achieve their goals and promote their success.

Singapore Enterprise Association review and assesses your activities at every step of the process. In addition to this, the company also organizes networking sessions, annual gala dinners and productivity and innovation conferences or exhibitions for the SMEs to help the enterprises to remain competitive. For the success of an SME, an agency with the ability and capacity to oversee and assist in the planning, execution and evaluation of various strategies is essential.

Mark Jepson works as a corporate trainer. He is an extensive experience conducting various trainings and designing workshop sessions for businesses which can help management and business owners to meet their desired goals.