SPRING Singapore
Logo of SPRING Singapore
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| Agency overview | |
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| Formed | 1996 |
| Preceding agency |
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| Jurisdiction | Government of Singapore |
| Headquarters | 1 Fusionopolis Walk, #01-02 South Tower, Solaris Singapore 138 628 |
| Agency executives |
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| Parent agency | Ministry of Trade and Industry (Singapore) |
| Website | Official website |
The Standards, Productivity and Innovation Board (Chinese: 标新局),(Abbreviation: SPRING Singapore) is a statutory board under the Ministry of Trade and Industry of Singapore. It is the main agency for enterprise development, and it aims to enhance the competitiveness of enterprises to develop a strong base of dynamic and innovative Singapore enterprises. It is also the national standards and conformance body.
According to SPRING Singapore, the agency helps to nurture a pro-business environment, facilitate the growth of industries and enhance innovation and enterprise capabilities of small and medium enterprises for better access to markets and business opportunities.
Formerly known as Productivity and Standards Board (PSB), it was formed as a result of the merger between the National Productivity Board (NPB) and the Singapore Institute of Standards and Industrial Research (SISIR) in April 1996. The purpose is to bring together the soft skills of productivity handled by NPB and the technical aspects handled by SISIR. It is also known as the SPIB.
In April 2002, it was renamed SPRING Singapore to signify the shift 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 headed by Philip Yeo, former head of A*STAR. The directors in the board of directors include:
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.
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