Start with the applicant

The Enterprise Development Grant currently requires the business to be registered and operating in Singapore, have at least 30% ultimate local equity and be financially ready to start and complete the project. Group structure and financial statements may be relevant to the assessment.

Confirm that the project fits

EDG supports transformation under core capabilities, innovation and productivity, and market access. A project should have a defined business problem, a coherent solution, measurable outcomes and an implementation plan. Ordinary operating expenses or a purchase without a transformation case should not be forced into the scheme.

Check the timing

Do not sign a contract, make a payment or allow the project to start before the application where the current rules prohibit retrospective support. Keep quotations, proposals and internal approvals clearly dated.

Review the cost categories

• Third-party consultancy and professional services.
• Software and equipment required for the approved scope.
• Eligible internal manpower attributable to the project.

Supportability depends on the specific project and Letter of Offer. A quoted cost is not automatically an eligible cost.

Consultant requirements

Where management consultancy costs are claimed, Enterprise Singapore requires the relevant management consultant certification under the prevailing accredited standard. The applicant company must submit and manage its own grant application; an adviser may support the commercial case and documentation but should not impersonate the applicant.