Transcript of "Brendon Yeo - Helping SMPs Meet the Challenges & Seize the Opportunities"
Association ofSmall and Medium Enterprises
About us• ASME - Association of Small and Medium Enterprises.• Foremost champion of pro-enterprise in Singapore.• Founded in 1986 by a group of like-minded entrepreneurs to form an association for the small business owners.• Not-for-profit and non-government organisation with membership of more than 6,500 active corporate members with connection to over 10,000 business individuals, business owners, key management representatives from all sectors of the economy. 2
About us• Serves as a voice for local SMEs.• ASME is a bridge between SMEs and the government statutory boards.• Besides representing the SME interest, ASME is an important component in the policy making machinery when formulating government policies that affect businesses. 3
What is a SME?• SME - small and medium-sized enterprises• Defined as businesses with annual sales turnover of not more than $100 million or employing no more than 200 staff (1).• More than 99% of enterprises in Singapore are SMEs• More than 60% of our country’s population work in SMEs 4(1) Definition extracted from Spring Singapore.
What we do• Networking & Business Matching - held exclusively for ASME members on a monthly basis to provide a regular platform for members and business owners with similar ambitions to interact, share ideas, exchange strategies and explore business opportunities.• Training - regular seminars and workshops are run on a regular basis so that our members and other business owners have an avenue to enhance their capabilities and core competencies via constant training and re-training. 5
What we do• Public-Private Collaboration - as the leading pro-enterprise association in Singapore, ASME is frequently sought after to participate in dialogues or discussion with various agencies within the Singapore Government on SME initiatives. ASME Members are invited to these sessions to stimulate a positive flow of feedback and information exchange between our government and the private sector. 6
What we do• International Trade Fairs & Business Missions - through participating in trade fairs and missions organised by ASME at subsidised rates, members can seek and connect with business partners from all over the world. - this translates to direct savings for the company, while maximising the value of the trip when venturing overseas by tapping into ASME’s wide foreign business network across the region. 7
What we do• The Entrepreneur of the Year ~ A Rotary-ASME Award - as a showcase and platform to recognise and acknowledge outstanding local businesses. - organised with Rotary Club of Singapore, this Award is the oldest, most established and most prestigious business accolade that honours outstanding entrepreneurs since 1989. - established at a national level as a credible yardstick of success for local enterprises. 8
What we do• Singapore Prestige Brand Award - jointly organised with Lianhe Zaobao in 2002, the Award recognises and honours Singapore brands that are developed and managed effectively through various branding initiatives. 9
Enterprise Development Centre• EDC@ASME establised in 2005 one-stop integrated centre as part of SPRING’s EnterpriseOne network to address the varied needs of both local and foreign businesses SMEs operating in Singapore, as well as aspiring entrepreneurs. Business Advisory at NO charge 10
Enterprise Development Centre Services Information Access Government Assistance Infocomm Adoption Workshops and Training National Initiatives on Re-employment of Older Workers Clinics (Legal, branding and finance) Biz Plus (Branding, design and company registration) Productivity Innovation Credits (PIC) 11 Human Resources Welfare