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EnterpriseSG steps up SME path-finding quest

Bryan Wu
Bryan Wu8/4/2022 02:24 PM GMT+08  • 11 min read
EnterpriseSG steps up SME path-finding quest
Ong: As SMEs work with near-term challenges, we are also reminding them to make sure they continue to transform to be ready for the 2030 economic vision that we are all working towards
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With the worst of the pandemic over, EnterpriseSG’s chairman Peter Ong is helping Singapore companies get back on track rapidly while not losing sight of the long-term objectives

When Peter Ong took on the role of chairman of the newly-formed statutory board Enterprise Singapore (EnterpriseSG) in April 2018, he thought he had already seen his fair share of economic downturns. Little did he realise greater and more formidable challenges lay ahead.

A statutory board under the Ministry of Trade of Industry (MTI), EnterpriseSG was formed through the merger of International Enterprise (IE) Singapore and SPRING Singapore. Just four years into its formation, EnterpriseSG’s priorities have had to shift several times to adapt to a volatile business environment that companies — small and medium enterprises (SMEs) in particular — struggle to navigate.

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