Grant

Enterprise Development Grant

About this programme

The Enterprise Development Grant (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 (sustainability-related projects may be supported at up to 70% from 1 April 2023 to 31 March 2026).
  • Please refer to the Enterprise Sustainability Programme page for more details.

 

  • Note:
  • The previously-enhanced grant support levels were extended for a time-limited period given the exceptional disruptions brought about by the COVID-19 pandemic, to encourage the transformation of the economy and to help businesses emerge stronger from the pandemic.

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.

  • Applications will be assessed by EnterpriseSG based on project scope, project outcomes and competency of the service provider.
  • Employers eligible for the SkillsFuture Enterprise Credit can qualify for additional subsidies under the scheme.

Enterprise Development Grant (EDG)

The EDG supports projects that help companies upgrade their business capabilities, innovate or internationalize. It covers up to 70% of qualifying project costs such as consultancy, training, certification, equipment, and third-party vendor services.

Market Readiness Assistance (MRA) Grant

The MRA Grant helps companies venture overseas by providing support for activities such as overseas market set-up, identification of business partners, and overseas market promotion.

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