INTERNATIONAL ENTERPRISE SINGAPORE

1. INTERNATIONAL ENTERPRISE SINGAPORE 27 June 2007

2. Government Support in SME Development

3. Presentation Outline • Contribution of SMEs • Overview of key government initiatives supporting SMEs • Trade Associations and SME development 3

4. Definition of SME 4

5. Contribution of SMEs to the Economy 88.4% of enterprises in Singapore SMEs are critical players in our Economy 55% of total employment 43% of GDP 4

6. Develop enterprise capabilities • Improve cost efficiency, productivity • Manpower recruitment / training Areas of Govt Support • Support for internationalisation • Offer new products / services Business Strategies • Access to financing to support enterprise growth • Tap on new overseas markets • Pro-enterprise regulatory environment Business Environment 5 Areas of Government Support for SME Development

7. Overview of Key Government Initiatives Supporting SMEs • Develop Enterprise Capabilities (SPRING S’pore) • Local Enterprise Technical Assistance Scheme (LETAS) • Technology Innovation Programme (TIP) • Capability Development Programme (CDP) • Manpower Recruitment / Training (WDA) • Singapore Workforce Skills Qualifications System • Advantage! Scheme • SME Manpower Scheme 6 Information on this slide is confidential and strictly for use by IE Singapore officers only. It should not be used or referred to by third parties without prior written consent from IE Singapore.

8. Overview of Key Government Initiatives Supporting SMEs • Access to Financing to Support Enterprise Growth • (SPRING S’pore) • Local Enterprise Finance Scheme (LEFS) • Micro Loan Programme • Loan Insurance Scheme (LIS) 7

9. Overview of Key Government Initiatives Supporting SMEs Pro-Enterprise Regulatory Environment (Pro-Enterprise Panel) PEP webpage, on MTI Website www.mti.gov.sg • Integrated One-Stop Assistance Platforms - EnterpriseOne • Online portal • (www.business.gov.sg) • Network of Enterprise Development Centres • [EDC@SCCCI, EDC@SMCCI, EDC@ASME, EDC@SMa] 8

10. Overview of Key Government Initiatives Supporting SMEs Chinese Version (by SCCCI) (www.sccci.org.sg/enterpriseone) EnterpriseOne online portal (www.business.gov.sg) 12 Information on this slide is confidential and strictly for use by IE Singapore officers only. It should not be used or referred to by third parties without prior written consent from IE Singapore.

11. Overview of Key Government Initiatives Supporting SMEs Support for Internationalisation (IE S’pore) COMPETENCY Developing capabilities Building robust competencies to help SMEs overcome international competition in the long-term. CONNECTIONS Enhancing market access Through a network of 35 overseas offices and other resources, support is available to help SMEs enhance their global network CAPITAL Facilitating access to finance Access to and understanding of various funding and financial resources available to support international expansion 13 Information on this slide is confidential and strictly for use by IE Singapore officers only. It should not be used or referred to by third parties without prior written consent from IE Singapore.

12. CAPITAL Facilitating access to finance Overview of Key Government Initiatives Supporting SMEs • International Capability Development • e.g. branding, manpower • Workshops & seminars • Local Enterprise and Association Development Programme (LEAD) • i.e. journal COMPETENCY Developing capabilities • Market Knowledge and Contacts • International Marketing Activities Programme （IMAP) • Double Tax Deduction • BUYSINGAPORE CONNECTIONS Enhancing market access • Risk managements tools • e.g TCI • Financing Programmes & Loans e.g LIS, IFS, EF 12

13. Government Support to Trade Associations in SME Development • Government supports through: • Local Enterprise and Association Development (LEAD) programme • International Marketing Activities Programme (IMAP) 14

14. THANK YOU www.iesingapore.com www.spring.gov.sg www.asme.org.sg www.singapore-sme.com