Tan Kiat How on outcomes of SMEs Go Digital programme
More than 88,000 SMEs have benefited from the SMEs Go Digital programme since it was launched in 2017. Between 2018 and 2022, the Annual Survey on Infocomm Usage by Enterprises found that companies which had adopted at least one digital technology increased from 78 per cent to 93 per cent. This year, the Infocomm Media Development Authority, which runs SMEs Go Digital, worked with the Ministry of Trade and Industry to evaluate the impact of the programme. Its report found that the relevant grants had added value to SMEs and improved their productivity. Eighty-five per cent of participating SMEs reported time savings and 75 per cent said digitalisation had helped them alleviate manpower challenges. These details were given by Senior Minister of State for Communications and Information Tan Kiat How in Parliament on Tuesday (Jul 4) in reply to an MP’s questions. Mr Tan said the programme is regularly reviewed to ensure it remains relevant. His ministry has also progressively refreshed its Industry Digital Plans which help to curate the support provided to meet specific needs in more than 20 sectors. MCI will also be developing the Digital Enterprise Blueprint over the coming months to identify new challenges facing SMEs and outline the Government’s approach to help them thrive in the growing digital economy.
More than 88,000 SMEs have benefited from the SMEs Go Digital programme since it was launched in 2017. Between 2018 and 2022, the Annual Survey on Infocomm Usage by Enterprises found that companies which had adopted at least one digital technology increased from 78 per cent to 93 per cent. This year, the Infocomm Media Development Authority, which runs SMEs Go Digital, worked with the Ministry of Trade and Industry to evaluate the impact of the programme. Its report found that the relevant grants had added value to SMEs and improved their productivity. Eighty-five per cent of participating SMEs reported time savings and 75 per cent said digitalisation had helped them alleviate manpower challenges. These details were given by Senior Minister of State for Communications and Information Tan Kiat How in Parliament on Tuesday (Jul 4) in reply to an MP’s questions. Mr Tan said the programme is regularly reviewed to ensure it remains relevant. His ministry has also progressively refreshed its Industry Digital Plans which help to curate the support provided to meet specific needs in more than 20 sectors. MCI will also be developing the Digital Enterprise Blueprint over the coming months to identify new challenges facing SMEs and outline the Government’s approach to help them thrive in the growing digital economy.