2,400 firms forecast $12.3b revenue lift under EnterpriseSG projects

The government announces plans to further strengthen its support for Singapore firms.

Initiatives launched by Enterprise Singapore (EnterpriseSG) in 2025 will help 2,400 companies boost their projected revenue, totalling $12.3b.

This was the result of business transformative projects launched by EnterpriseSG in a bid to help Singapore businesses navigate a volatile 2025, where growing trade tensions, changing supply chains, and technological disruptions impacted businesses.

Companies embarked on various initiatives to build resilience through diversification, including deepening their overseas presence and developing new products or services.

Following this, EnterpriseSG announced that it plans to strengthen efforts to help Singapore enterprises build resilience and seek new growth opportunities amid an uncertain external economic

These initiatives include supporting Singapore companies to expand overseas by operating new Overseas Centres and working with partners from the Trade Associations and Chambers (TACs).

The government also plans to help companiesuse AI to transform their businesses by working with industry partners to develop AI solutions to address industry needs.

Furthermore, EnterpriseSG said it will expand engagement with enterprises and TACs through the newly launched myEnterprise platform. It also announced plans to support TAC partners in strengthening their governance and building new capabilities in areas like talent management and technology, aiming to better equip them to scale their support for businesses.

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