Scale-Up (originally branded "Scale-up SG") is Enterprise Singapore's flagship, invitation-only programme for local companies with demonstrated high-growth potential and global headquarters in Singapore. Launched on 10 July 2019 with an initial cohort of 25 companies, it pairs a small, curated cohort of firms with top-tier strategy consultancies on a rotating basis — McKinsey & Company, PwC, Bain & Company and EY-Parthenon have all served as anchor partners — plus executive education from Stanford Graduate School of Business and the Wharton School, and leadership-development partners such as Egon Zehnder. Enterprise Singapore co-funds up to 70% of programme costs.
Eligible firms must show a strong track record of growth, solid leadership bench strength, and explicit ambition to internationalise. Each cohort runs an intensive strategy engagement, originally structured as a 2.5-year, three-phase programme though the format has evolved since 2019. The programme's stated goal is to groom a pipeline of "Singapore Global Enterprises" — locally headquartered firms that become globally competitive while creating higher-value jobs domestically. Publicly known alumni include Jumbo Group, Koufu, EtonHouse International, Goldbell Corporation, Love Bonito, Castlery and Doctor Anywhere.
On outcomes, Enterprise Singapore's own tracking (published September 2025) reports that 80 companies from the first seven cohorts (admitted 2019–2023) collectively added S$2.5 billion in revenue (+37%) within three years of joining, including S$1 billion in overseas revenue growth (+53%, accounting for 40% of the total expansion), roughly 800 new jobs, and 80% of firms launching new products or services. A January 2023 parliamentary reply covering only the first three cohorts reported more modest interim figures — 85% created new products/businesses, over 50% expanded overseas, roughly 500 jobs — and explicitly cautioned that full impact "may take years" to materialise.
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. The programme is also invitation-only and works with an already high-performing, self-selected pool of firms, so how much of the reported growth is attributable to the programme itself versus each firm's underlying trajectory is not established by any source found. No total public budget figure is available, limiting cost-effectiveness assessment.
Read the full analysis: https://www.enterprisesg.gov.sg/scale-up
Where this practice's information was retrieved from, and when.