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Logo of SPRING Singapore
|Jurisdiction||Government of Singapore|
|Headquarters||1 Fusionopolis Walk, #01-02 South Tower, Solaris Singapore 138 628|
|Parent agency||Ministry of Trade and Industry (Singapore)|
The Standards, Productivity and Innovation Board (Chinese: 标新局),(Abbreviation: SPRING Singapore) was a statutory board under the Ministry of Trade and Industry of Singapore. It is an agency for enterprise development, and help enterprise to enhance the competitiveness develop a stronger base of dynamic and innovative Singapore enterprises. It was also the national standards and conformance body.
The SPRING Singapore helped to nurture a pro-business environment, facilitate the growth of industries, enhance innovation and enterprise capabilities of small and medium enterprises (SMEs) for better access to markets and business opportunities.
April 2018, SPRING Singapore has merged with IE Singapore to form Enterprise Singapore to enable the growth of Singapore companies through an integrated support network to build business capabilities and access overseas markets.
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.
As the national standards and conformance body, SPRING Singapore 'helps 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 is "to help Singapore enterprises grow and build trust in Singapore products and services".
SPRING Singapore is divided into five departments: Enterprise Capabilities, Enterprise Promotion, Industry Development, Quality & Standards and Corporate Development.
The agency has three areas of focus: productivity and innovation; standards and quality; and small and medium-sized enterprises (SMEs) and the domestic sector.
In 2008, SPRING Singapore awarded their first batch of Executive Development Scholarships (EDS) – targeting at both Junior College and University students who are keen to develop the SME Industry following graduation and be business leaders in future.
The Management Development Scholarship (MDS) is 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 is subsidised by SPRING Singapore with the remaining 10% fully borne by the SME company. This scholarship comes with a bond of up to two years with the sponsoring SME company.
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