Guest-of-Honour Speech - Singapore Institute of Manufacturing ...

R&D Raises the Productivity and Competitiveness of SMEs
3. It is equally important that our local enterprises, particularly
SMEs, leverage on technology to raise competitiveness and
productivity. This task takes on added significance in today’s
operating environment with not just external competition but
also domestic labour and land constraints.
4. To help our small and medium-sized enterprises (SMEs) raise
their capabilities through technology transfer and R&D,
S$1 billion has been set aside from 2011 to 2015 under the
$16.1 billion Research, Innovation and Enterprise 2015 plan,
to help our research centres proactively identify opportunities
for collaboration with SMEs. This is a significant commitment
of public resources to help commercialise more research
ideas in collaboration with our SMEs. And, we have several
platforms and programmes for this purpose.
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