The Standards, Productivity and Innovation Board (
abbreviation
An abbreviation () is a shortened form of a word or phrase, by any method including shortening (linguistics), shortening, contraction (grammar), contraction, initialism (which includes acronym), or crasis. An abbreviation may be a shortened for ...
: SPRING Singapore) was a
statutory board under the
Ministry of Trade and Industry A ministry of trade and industry, ministry of commerce, ministry of commerce and industry or variations is a ministry that is concerned with a nation's trade, industry and commerce.
Notable examples are:
List
*Algeria: Ministry of Industry and ...
of the
Singapore Government
The government of Singapore is defined by the Constitution of the Republic of Singapore to consist of the President and the Executive. Executive authority of Singapore is vested in the President but exercised on the advice of the Cabinet le ...
. It worked as an agency for enterprise development, and helped enterprises enhance their competitiveness in the Singapore market. It was also the national standards and conformance body.
On April 1, 2018, SPRING Singapore was merged with
IE Singapore to form
Enterprise Singapore
Enterprise Singapore (EnterpriseSG) is a government board formed on 1 April 2018 to support the development of Singapore's small and medium-sized enterprises (SMEs), upgrade their capabilities, foster innovation, support transformation, and pro ...
.
History
Formerly known as Productivity and Standards Board (PSB), it was formed from the merger between the National Productivity Board (NPB) and the Singapore Institute of Standards and Industrial Research (SISIR) in April 1996. It helped to bring together the soft skills of productivity handled by NPB and the technical aspects handled by SISIR.
In April 2002, the organization was renamed SPRING Singapore and shifted towards an innovation-driven economy, and its new role in promoting creativity to sustain growth for Singaporeans.
Mission
As the national standards and conformance body, SPRING Singapore 'helped 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 was "to help Singapore enterprises grow and build trust in Singapore products and services".
Organisation
SPRING Singapore was headed by
Philip Yeo
Noel Philip Yeo Liat Kok ( Chinese: 杨烈国; born 1946), DUNU (First Class), is the Chairman oEconomic Development Innovations SingaporeAdvanced MedTech HoldingsanAccuron Technologies From April 2007 to March 2018, Yeo was Chairman of Standa ...
, former head of
A*STAR
The Agency for Science, Technology and Research (A*STAR) is a statutory board under the Ministry of Trade and Industry of Singapore.
The agency supports R&D that is aligned to areas of competitive advantage and national needs for Singapore ...
.
SPRING Singapore was divided into five departments:
*Enterprise Capabilities
*Enterprise Promotion
*Industry Development
*Quality & Standards
*Corporate Development
Portfolio
The agency had three areas of focus: productivity and innovation; standards and quality; and
Small and medium-sized enterprises
Small and medium-sized enterprises (SMEs) or small and medium-sized businesses (SMBs) are businesses whose personnel and revenue numbers fall below certain limits. The abbreviation "SME" is used by many national agencies and international organiza ...
(SMEs) and the domestic sector.
Scholarships
In 2008, SPRING Singapore awarded their first batch of Executive Development Scholarships (EDS) to focused junior college and university students with business and entrepreneurship goals.
The Management Development Scholarship (MDS) was 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 was subsidised by SPRING Singapore, with the remaining 10% fully borne by the SME company. This scholarship came with a bond of up to two years with the sponsoring SME company.
See also
*
Ministry of Trade and Industry A ministry of trade and industry, ministry of commerce, ministry of commerce and industry or variations is a ministry that is concerned with a nation's trade, industry and commerce.
Notable examples are:
List
*Algeria: Ministry of Industry and ...
*
Government of Singapore
The government of Singapore is defined by the Constitution of Singapore, Constitution of the Republic of Singapore to consist of the President of Singapore, President and the Executive. Executive authority of Singapore is vested in the Presi ...
*
Economy of Singapore
The economy of Singapore is a Developed country, highly developed mixed economy, mixed market economy with dirigiste characteristics. Singapore's economy has been consistently ranked as the most open in the world, the Corruption in Singapore, j ...
References
{{Authority control
Productivity organizations
Government agencies established in 2002
2002 establishments in Singapore
2018 disestablishments in Singapore