Raffles Consulting Services
Enterprise Support and Singapore Grants
A complete overview of Singapore enterprise grants, financing, tax support, start-up, sustainability and workforce programmes.
Complete enterprise support overview
This hub brings together the principal national support routes for Singapore businesses. It includes direct grants, government risk-sharing finance, tax support and co-investment because each affects project funding differently. Sector-specific programmes may impose additional conditions; current eligibility should always be checked against the official programme page before the company commits to a vendor or starts work.
Where a supported project involves contracts, intellectual property, employment, regulatory questions or a formal legal opinion, we coordinate with Singapore law firms whose lawyers have the relevant speciality.
Transformation, productivity and resilience
Support for upgrading capabilities, adopting solutions, entering markets and responding to trade disruption.
| Programme | What it supports | Current headline and key checks |
|---|---|---|
| EDGE Grant platform |
A single route intended to streamline EDG, PSG and MRA activities. | Announced for 2H 2026 and intended for Singapore businesses including non-SMEs. Verify final caps, ownership tests and launch date before relying on it. |
| Enterprise Development Grant Grant |
Core capabilities, innovation, productivity and market-access projects tailored to the company. | Up to 50% for local SMEs under current rules. The applicant generally needs at least 30% local equity, financial readiness and no project start before application. |
| Productivity Solutions Grant Grant |
Pre-approved IT solutions, equipment and selected consultancy that improve productivity. | Up to 50% and S$30,000 per company per year for eligible local SMEs. No payment or deposit before submission. |
| Market Readiness Assistance Grant |
Overseas promotion, business development and market setup. | From 1 April 2026, up to 70% for eligible SMEs and S$100,000 per company per new market, subject to pillar caps and the new-market test. |
| Business Adaptation Grant Grant |
Trade advisory, compliance, supply-chain optimisation, diversification and selected reconfiguration for tariff-affected businesses. | Up to 70% for SMEs and 50% for non-SMEs, capped at S$100,000. Current programme window runs to 6 October 2027. |
| Global Innovation Alliance programmes Programme support |
Overseas acceleration and co-innovation pathways through partner markets. | Budget 2026 announced support of up to 70% for SMEs and 50% for non-SMEs from 1 April 2026 to 31 March 2029. Programme and cohort rules apply. |
Sustainability and energy efficiency
Support for energy-saving equipment, decarbonisation and green financing.
| Programme | What it supports | Current headline and key checks |
|---|---|---|
| Energy Efficiency Grant Grant |
Base-tier pre-approved energy-efficient equipment and advanced-tier projects. | Base tier is capped at S$30,000. Expansion to all sectors and extension to 31 March 2028 have been announced; use the live eligibility rules until implementation details are published. |
| Enterprise Financing Scheme—Green Risk-sharing finance |
Financing for companies developing or adopting green solutions. | Not a grant. Government risk sharing supports participating lenders, but the lender decides credit approval, pricing and security. Extended to 31 March 2031. |
Start-ups, technology and innovation
Support for first-time founders, deep-technology commercialisation, co-investment and qualifying innovation expenditure.
| Programme | What it supports | Current headline and key checks |
|---|---|---|
| Startup SG Founder Grant and mentorship |
First-time founders building innovative businesses through Accredited Mentor Partners. | Grant quantum from S$20,000 to S$50,000 on a 1:1 support ratio, with matching capital and a Letter of Recommendation required. |
| Startup SG Tech Grant |
Proof-of-concept and proof-of-value support for proprietary deep-technology commercialisation. | Technology, innovation, IP and commercialisation milestones are assessed. Use the current programme call and application guidance. |
| Startup SG Equity Co-investment |
Government co-investment and selected growth-stage support for Singapore-based deep-technology start-ups. | Not a conventional grant. Independent qualified investors and appointed fund managers are involved; a S$1 billion expansion was announced in 2026. |
| Startup SG Accelerator and T-Up Ecosystem and talent support |
Accelerator capability and access to research talent for technology development. | Programme-specific partner, technology and company requirements apply. |
| Enterprise Innovation Scheme Tax support |
Qualifying research, IP, training and innovation expenditure. | YA2024 to YA2028: enhanced deductions on prescribed caps, with a cash-conversion option of up to S$20,000 per YA subject to conditions. |
Workforce transformation
Support for job redesign, workforce capabilities and qualifying enterprise transformation.
| Programme | What it supports | Current headline and key checks |
|---|---|---|
| Workforce Development Grant (Job Redesign+) Grant |
Workforce consultancy, capability building and technology solutions supporting job redesign. | Up to 70% support through the Enterprise and Workforce Transformation Package, capped at S$150,000 per company, using the appointed programme route. |
| SkillsFuture Enterprise Credit Enterprise credit |
Offsets out-of-pocket costs on eligible enterprise and workforce transformation programmes. | The current one-off S$10,000 credit expires on 30 November 2026 for eligible employers; the redesigned credit begins on 1 December 2026. |
Financing, internationalisation tax support and major investment
These routes are not conventional grants but can be central to the funding plan.
| Programme | What it supports | Current headline and key checks |
|---|---|---|
| Enterprise Financing Scheme Risk-sharing finance |
Working capital, trade, projects, mergers and acquisitions, fixed assets, venture debt and green financing. | Not a grant. Participating financial institutions retain credit discretion. Current rules generally include local-shareholding and group-size tests. |
| Double Tax Deduction for Internationalisation Tax deduction |
Qualifying overseas market expansion and investment-development activities. | 200% deduction through 31 December 2030. The automatic-claim cap is scheduled to rise from S$150,000 to S$400,000 from YA2027. |
| EDB incentives and Refundable Investment Credit Investment incentive |
Significant new investment, headquarters, innovation, high-value activity and capability creation. | Case-by-case and linked to economic commitments, employment, spending and substance. Often more relevant than SME grants for larger or foreign-owned investors. |
Heartland enterprise programmes
Selected programmes support neighbourhood businesses and precinct activity.
| Programme | What it supports | Current headline and key checks |
|---|---|---|
| Enhanced Visual Merchandising Programme Grant |
Visual merchandising projects for eligible heartland enterprises. | From 1 April 2026, support rises to up to 70% on qualifying costs, with project limits depending on standard or larger-scale scope. |
| Heartland Enterprise Placemaking Grant Grant |
Selected placemaking activities that strengthen heartland precincts. | From 1 April 2026, support rises to up to 70%, capped at S$14,000 per project under the announced parameters. |
Common eligibility and timing checks
- Whether the business is registered and operating in Singapore.
- Whether the scheme requires at least 30% ultimate local equity.
- Company or group turnover and employment-size limits.
- Whether the activity, vendor, market, equipment or cost category is supportable.
- Whether a contract, deposit, payment or project start would make the application retrospective.
- Whether the company has the financial and management capacity to complete the project and claim correctly.
Foreign-owned companies: a Singapore registration does not automatically satisfy local-equity requirements. Tax support, Startup SG pathways, selected workforce routes, EDB incentives and final EDGE rules may be more relevant depending on the company’s ownership, activity and economic contribution.
Enterprise support insights
Enterprise Support Articles
Practical guides to grant eligibility, application timing and the decisions businesses should make before committing to a project.

