Enterprise Singapore (ESG) is the statutory body of the Ministry of Trade and Industry of the Government of Singapore. Established on April 1, 2018, it is to help Singapore's small and medium-sized enterprises (SMEs) improve their skills, innovate, transform and internationalize. It also supports Singapore's growth as a commercial and startup hub and continues to be a national standardization and accreditation body. check here
Enterprise Singapore was founded by the merger of International Enterprise Singapore (IE) and SPRING Singapore. It integrates the functionality of IE Singapore and SPRING Singapore. SPRING Singapore was responsible for helping start-ups and SMEs in financing, skills and management development, technology and innovation. It was the national body for standards and accreditation that helped companies meet international standards and compliance requirements. International Enterprise Singapore promoted international trade and helped Singapore companies expand internationally. On February 5, the Singapore Parliament passed a law on the appointment of a new statutory board of directors. In a second reading on the same day, Singapore Minister for Trade and Industry S. Iswaran said: Companies need to innovate and hone their skills in order to successfully enter overseas markets. Similarly, going abroad creates scale, momentum and opportunities for businesses to acquire new skills and expertise. Therefore, IE and SPRING features and operations need to be integrated into Enterprise Singapore in a timely manner.
Enterprise Singapore regulates Singapore's national standards. Through the industry-led Singapore Standards Council, we manage the Singapore Standardization Program, which develops and promotes standards to meet industry needs and government policy objectives.
The council is made up of representatives from various stakeholder groups, including industry representatives, professional associations, trade and consumer associations, academia, and government agencies. Develop consensus-based standards in Singapore and promote their acceptance and adoption by stakeholders. The institution is also a national accreditation body. Enterprise Singapore manages the Singapore Accreditation Council (SAC). The council is involved in the development and management of accreditation schemes that support Singapore's strategic initiatives such as market access, security and health and safety. We also manage the Good Laboratory Practice (GLP) compliance program, which ensures that institutional processes and laboratory research comply with international standards. Studies conducted in Singapore under GLP complaints have been accepted in more than 30 OECD and non-OECD countries. Read more...