This merger between two agencies will take place in the second quarter of next year and it will be known as Enterprise Singapore.
Spring Singapore is a government agency which helps SMEs to develop their capabilities in everything from productivity to human resource matters. It helps businesses through programmes and grants such as the Spring Start-up Enterprise Development Scheme and the Innovation and Capability Voucher.
IE Singapore acts as a trade promotion agency for SMEs venturing overseas. Its helps with funding, market research, introductions to foreign businessmen and government officials to get a new overseas unit off the ground.
Source: Straits Times