ENTERPRISE Singapore (ESG) on 5th Dec 2019 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 21⁄2 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 featured, like furniture firm Castlery and food and beverage brands Mr Bean and Saladstop.

This brings 18 new local mid-sized companies onboard the accelerated growth programme.

Mr Chan (first row, sixth from left) with the companies’ executives at the launch of the second run of Scale-up SG programme on Thursday. Seated to his right is Enterprise Singapore’s deputy CEO Kathy Lai, and on his left is the agency’s director for Scale-up SG Angeline Chan.