Enterprise Development Grant (EDG)
Singapore SMEs can obtain up to 50% government grants to defray the costs of qualifying projects (upgrade their business, explore new growth, or expand overseas)
EDG supports projects that help you upgrade, innovate, grow and transform your business. Submit your individual project proposals with details on your business plans and project outcomes to take your business further.
EDG funds qualifying project costs namely third-party consultancy fees, software and equipment, and internal manpower cost.
– Up to 50% of eligible costs for local SMEs.
– From 1 April 2023, SMEs can receive up to 50% support for EDG.
Get an Expert Consultation on
Enterprise Development Grant
EDG help SMEs in Singapore build internal capabilities in 3 main areas with their corresponding sub-areas
Core Capabilities
Business Strategy Development
Financial Management
Human Capital Development
Service Excellence
Strategic Brand and Marketing Development
Innovation & Productivity
Automation
Process Redesign
Product Development
Market Access
Pilot Project and Test Bedding
Standards Adoption
Eligibility
Business entity registered and operating in Singapore
Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
Company is financially ready to start and complete the project. Commonly used financial indicators, such as the current ratio, will be used for assessment
We can help!
Our experienced in-house consultants are certified by Institute of Management Consultants (Singapore) and TÜV SÜD PSB to offer consultancy services under Enterprise Development Grant (EDG).
Feel free to contact us for a non-obligatory consultation.