Briefing on PACT (Partnerships for Capability Transformation)

Initiative

Fung Mok Wing

Director, PACT

SPRING Singapore

Promote industry development and foreign investment attraction

Promote international trade and internationalisation of

Singapore-based enterprises

Ensure supply of industrial facilities and industrial space

Develop Singapore’s research capabilities.

Promote and develop tourism industry

Promote a competitive and reliable energy industry

Develop and promote Sentosa Island

Regulate anti-competitive activities

Promote enterprise development and quality & standards

Large

Companies

(~1,100)

$100m

Micro-Enterprises

(~123,200)

Small & Medium Enterprises

(~36,300)

$1m

Source: SPRING’s 2011 estimates

Note: Includes manufacturing, services, construction, agriculture and utilities sectors

3

The Enterprise Landscape

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

What is PACT?

Encouraging the big companies to work with the

small for win-win partnerships

Why PACT?

1. Big markets which can propel the growth of SMEs – e.g.Apple

2. A vast pool of IPs and knowhow –e.g.3M

3. Serve as good reference customers for SMEs- e.g.PUB

4. Help ‘nudge’ their suppliers/contractors to upgrade – e.g.Keppel

Who are considered big?

Big (Large) Organisations include MNCs, GLCs, Govt. Agencies,

IHLs, hospitals, Robinsons, etc.

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

Industries and scope covered:

• Manufacturing, electronics, marine & offshore,

cleantech, logistics, food services, retail, bio-medical,

etc

• Supplier development, productivity improvements,

knowledge transfer and product/process innovation

Level of Support:

• Up to 70% funding for supportable project costs

Initiative started in April 2013 by DPM Tharman

A key recommendation under SME Review:

PACT

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Modes of Collaboration

• Encourage

transfer of

knowledge to

SMEs (e.g.

workshops) to

improve

capabilities/

productivity

• Co-innovation and

test-bed on new or

complementary

areas of

development

• Enable SMEs to

build reference

customers and

track record

• Help MNCs/LEs

upgrade

capabilities of new

and existing SME

partners

• To increase SMEs’

productivity,

quality, customer

service etc.

• Plan, monitor

and implement

PACT projects

Partner

Development

Knowledge

Transfer

PACT

Manager Co-Innovation

Introduction to PACT

PACT

1) Partner Development

Manufacturing

Implement Kaizen with 11 key suppliers

Improve productivity and reduce cost

1) Partner Development

Retail

Bugis Street Development • 800 retailers

• From pen & paper to POS

• Cashless payment

• Better manage inventory

• Customer loyalty program

Improve efficiency and generate more sales

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

How Profs can help in Partner Development?

Large Organisation

(Hospitals, Retail,

Manufacturing)

Customers Suppliers,

Sub-

contractors

Profs who are engaged in consultancy projects on

productivity or supply chain optimisation to Large

Organisations can offer to extend project to suppliers/sub-

contractors or to SME customers

Supply Chain

Integration

Supply Chain

Integration

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

2) Knowledge Transfer

• Build SMEs’ capabilities to support the

development of smartphones, mobile wearable

devices in areas such as displays, wireless

charging, software development, etc

Manufacturer of food seasonings • Educate chefs on profit maximisation, menu

planning and increasing efficiencies in kitchen

operations

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

How Profs can help in Knowledge Transfer?

Profs or their contacts (from other universities or MNCs) that

have useful know-how or technologies that they can share

and help uplift the capabilities of our SMEs.

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

3) Co-Innovation SMEs and

LTA on street light brightness monitoring • Vehicle mounted device to measure luminosity

of street lamps

NEA to develop smoke exhaust detector

for vehicles • Detect smoky vehicles and capture license

plate without stopping

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

3) Co-Innovation

SMEs and

Hospitals develop medical devices

• Develop new medical products to meet the

needs of hospitals

HDB to develop lift surveillance system • Utilizing video analytics to monitor for

inappropriate behaviour in lifts

PUB on waste water treatment

solutions • Looking into innovative solutions for

waste water treatment

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

How Profs can help in Co-Innovation?

• Profs working with SMEs on new product development and

have Large Organisations that are keen to testbed the

product

• Profs working with Large Organisations that are keen to

look for product solutions to address their needs

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

4) PACT Manager

PACT

Manager

• A manager from the LE dedicated full-time to

identify, plan and drive PACT projects with

SMEs

Intel, NXP, Keppel, ST Kinetics, TTSH, NUH, NTU, NUS, SP

Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore. Information on this slide is confidential and strictly for use by SPRING Singapore officers only. It should not be used or referred to by third parties without prior written consent from SPRING Singapore.

We will like to work with you on PACT

Fung Mok Wing

Fung_mok_wing@spring.gov.sg

Clarissa Lim

Clarissa_lim@spring.gov.sg

Sarah Loo

Sarah_loo@spring.gov.sg

Kandan Jayaraj

Kandan_jayaraj@spring.gov.sg

Thank You