Pre-application

  1. Check if you qualify for the Enterprise Development Grant (EDG). You need to:
    • Be registered and operating in Singapore
    • Have a minimum of 30% local shareholding
    • Be in a financially viable position to start and complete the project
  2. Identify the key project category you wish to apply for.

  3. If you need help to scope your project, please refer to the project details within each section. You can also download the relevant project proposal templates and supporting document checklist to guide you in your preparation. Three project proposal templates are available to guide your preparation for submission for the relevant project categories.

    4. You may approach the SME centres to discuss your projects.

  4. Identify suitable providers to support your project. Companies applying for EDG support for consultancy-related costs must engage management consultants with Enterprise Singapore-recognised certification. Those who do not need to be certified are:
    1. Members/ specialists in the consultancy team who are not providing management consultancy services, but are performing dedicated functions, such as market research, audit, fieldwork, design/ artwork, equipment installation, and drafting of legal agreements.
    2. Consultants offering technical advice and expertise in the development of new technology, and solutions vendors.
  5. The EDG only supports projects that are new and not generating any revenue at the point of grant application. A project is considered to have begun if suppliers and service providers have already signed a contract, or if any work on the project scope has begun or if payment has been received for the project.

  6. Prepare the project proposal.

  7. Prepare the following documents:
    1. Latest ACRA search or instant information (dated no earlier than 6 months from date of project application). If there are corporate shareholders, please provide the information for the corporate parents as well.
    2. Audited financial statements or certified management accounts for the last FY of your company and consolidated financial statements for the last FY of your ultimate parent company, if applicable.
    3. Relevant proof of quotation for the cost of your project items.
    4. For projects where management consultants are engaged, please include the consultants’ proposal detailing the scope of work, man-day rate breakdown of the service, as well as the CVs and scanned copies of Enterprise Singapore-recognised certification(s) of each individual consultant.

      5. Click here for the EDG Application Checklist

Applicants will have to provide projected figures in the following areas arising from the implementation of the project:

  • Company revenue
  • Staff remuneration
  • Depreciation
  • Net operating profit before tax for three years’ post-project (inclusive of the year of project completion)
  • Impact on workers (Singaporean/ PR) benefitting from project in the form of increased wages, job creation, job-redesign or training

Click here to apply for the EDG.