EnterpriseSG supported 11,700 firms in business transformation efforts in 2025
Enterprise Singapore's business transformation support is projected to create about 10,000 skilled jobs and bring in S$12.3 billion in additional annual revenue in 2025. While these figures are lower than the year before, the agency said it remains a significant achievement amid ongoing economic volatility and uncertainty. Last year, EnterpriseSG supported 11,700 firms, of which 2,400 embarked on a major transformation journey. Overall, each transformed company is projected to earn an average of S$7.5 million in additional revenue. EnterpriseSG said it will help companies use artificial intelligence more effectively, and those planning to expand with new products and enter new markets for the first time will get more support. Nadirah Zaidi reports.
Enterprise Singapore's business transformation support is projected to create about 10,000 skilled jobs and bring in S$12.3 billion in additional annual revenue in 2025. While these figures are lower than the year before, the agency said it remains a significant achievement amid ongoing economic volatility and uncertainty. Last year, EnterpriseSG supported 11,700 firms, of which 2,400 embarked on a major transformation journey. Overall, each transformed company is projected to earn an average of S$7.5 million in additional revenue. EnterpriseSG said it will help companies use artificial intelligence more effectively, and those planning to expand with new products and enter new markets for the first time will get more support. Nadirah Zaidi reports.
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