- POSTED: 17 Sep 2013 17:56
- UPDATED: 17 Sep 2013 20:55
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A new breakfast network session has been launched. Some 100 small and medium enterprises (SMEs) took part in the inaugural session on Tuesday morning.
SINGAPORE: Some 100 small and medium enterprises (SMEs) got to learn more about employment and training support, as well as corporate social responsibility partnerships at a breakfast network session on Tuesday.
It is part of a series of monthly sessions called the Mayor's Network @ North West that are organised by the North West Community Development Council and SME Centre@NorthWest.
Subsequent sessions will focus on specific sectors such as the construction and food manufacturing industries.
SMEs can also arrange for free business consulting.
Micro and small enterprises, which are companies with annual revenue of less than S$10 million, make up 94 per cent of all enterprises in Singapore,
However, they often face challenges in improving their productivity.
To provide more assistance to these companies, it was announced earlier in July that SME Centres would be set up within the five Community Development Councils.
The SME Centre@NorthWest is one of the five centres.
It is located at North West Community Development Council at Woodlands Civic Centre.
The centre started operations on September 2 and has handled requests from some 15 companies, mostly for the business advisory service.
Mayor of North West district Dr Teo Ho Pin said: "We should have certain platforms where you can have opportunities to meet up with the SMEs, especially those in the North West district. And also provide opportunities for interactions to share government assistance schemes to all these SMEs, at the same time to provide a platform where the SMEs can come together to share their experiences and best practices."
Vincent Chew from IDV Concepts Asia said: "Manpower issues, finance issues, cashflow issues, all these are issues that are really close to our hearts as SME owners. But at the end of the day, instead of just whining about it and taking a very passive approach to the problem itself, for us, my company -- we want to be active in terms of finding out all these schemes that are available because it's really important.
"Today's get-together was really a good platform for us to work together with fellow SME owners as well as the SME Centres themselves in terms of understanding what we need and how they can provide those solutions to us."