The Standards, Productivity and Innovation Board (Chinese: ???),(Abbreviation: SPRING Singapore) was a statutory board under the Ministry of Trade and Industry of Singapore. It was the main agency for enterprise development, and its aim was to enhance the competitiveness of enterprises to develop a strong base of dynamic and innovative Singapore enterprises. It was also the national standards and conformance body.
The agency helped to nurture a pro-business environment, facilitate the growth of industries and enhance innovation and enterprise capabilities of small and medium enterprises for better access to markets and business opportunities.
SPRING Singapore has merged with IE Singapore to form Enterprise Singapore on 1 April 2018. Enterprise Singapore will enable the growth of Singapore companies through an integrated support network to build business capabilities and access overseas markets.
Video SPRING Singapore
History
Formerly known as Productivity and Standards Board (PSB), it was formed as a result of the merger between the National Productivity Board (NPB) and the Singapore Institute of Standards and Industrial Research (SISIR) in April 1996. The purpose is to bring together the soft skills of productivity handled by NPB and the technical aspects handled by SISIR. It is also known as the SPIB.
In April 2002, it was renamed SPRING Singapore to signify the shift towards an innovation-driven economy, and its new role in promoting creativity to sustain growth for Singaporeans.
Maps SPRING Singapore
Mission
As the national standards and conformance body, SPRING Singapore 'helps to lower technical barriers to trade, provide quality assurance for products and services and promote industry use of Singapore and international standards'.
SPRING Singapore's mission is "to help Singapore enterprises grow and build trust in Singapore products and services".
Organisational Structure
SPRING Singapore is headed by Philip Yeo, former head of A*STAR.
SPRING Singapore is divided into five departments: Enterprise Capabilities, Enterprise Promotion, Industry Development, Quality & Standards and Corporate Development.
Portfolio
The agency has three areas of focus: productivity and innovation; standards and quality; and small and medium-sized enterprises (SMEs) and the domestic sector.
Scholarships
In 2008, SPRING Singapore awarded their first batch of Executive Development Scholarships (EDS) - targeting at both Junior College and University students who are keen to develop the SME Industry following graduation and be business leaders in future.
The Management Development Scholarship (MDS) is also available to employees of SMEs who wish to pursue their Masters with a university on SPRING Singapore's list. Up to 90% of the course fees is subsidised by SPRING Singapore with the remaining 10% fully borne by the SME company. This scholarship comes with a bond of up to two years with the sponsoring SME company.
See also
- Ministry of Trade and Industry
- Government of Singapore
- Economy of Singapore
References
External links
- Official website
Source of the article : Wikipedia
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