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Good practice Imported

Scale-Up — Enterprise Singapore's High-Growth Enterprise Programme

Singapore · Singapore · See the Singapore profile · See the Singapore profile

Evidence: Observational / pre–post Top 54% 67/100 · Ask Evidence Copilot about this practice

Enterprise Singapore's invitation-only Scale-Up pairs high-growth local firms with McKinsey, PwC and Bain since 2019. Its own tracking reports S$2.5bn added revenue (+37%) across 80 firms in three years — self-reported, with no independent audit found.

+37% S$2.5bn added
Revenue growth, cohorts 1-7 (3yr post-join, to 2025)
+53% S$1bn
Overseas revenue growth (3yr post-join)
~800
New jobs created

Details

Maturity
Scaling
Promoter
Enterprise Singapore (EnterpriseSG)
Period
2019–present
Keywords
SME growth, business scaling, internationalization, export growth, leadership development

Context

Scale-Up is Enterprise Singapore's invitation-only programme for locally headquartered high-growth firms, launched July 2019 with 25 companies. It pairs a curated cohort with rotating top-tier strategy consultancies (McKinsey, PwC, Bain, EY-Parthenon), executive education (Stanford GSB, Wharton), and co-funds up to 70% of programme costs.

Results

Enterprise Singapore's September 2025 tracking of the first seven cohorts (2019-2023) reports 80 firms collectively added S$2.5 billion in revenue (+37%) within three years of joining, including S$1 billion in overseas revenue growth (+53%), roughly 800 new jobs, and 80% of firms launching new products or services.

Conclusions

These figures are agency self-reported programme statistics, not an independent academic or third-party audit; no external cost-benefit or econometric evaluation was found, and a January 2023 parliamentary reply on the first three cohorts cautioned that full impact 'may take years' to materialise.

Implementation
Indicative cost
Medium (€50k–€500k)
Time to results
Long (> 3 years)
Staffing & skills
Enterprise Singapore programme managers, Rotating strategy consultancy partners, Executive education faculty

Conditions for success

  • Invitation-only cohort of proven high-growth firms
  • Public co-funding of up to 70% of engagement costs
  • Access to top-tier consultancies and leadership development

Common failure modes

  • Self-reported statistics without independent audit
  • Invitation-only model limits broader applicability

Commonly funded by

National / regional programmes

Indicative funding routes for practices of this type — always check each programme's current calls and eligibility rules.

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Data sources

Where this practice's information was retrieved from, and when.

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