The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas under three pillars: Core Capabilities, Innovation & Productivity and Market Access.
The Productivity Solutions Grant (PSG) and the Market Readiness Assistance (MRA) grant are separate schemes with different intents. The PSG supports companies looking to adopt specific productivity solutions or equipment, while the MRA supports companies who wish to take their first step into overseas markets. Since the areas of support have been pre-specified, the purpose of the PSG and MRA is largely to facilitate ease of adoption.
The Enterprise Development Grant (EDG) is a tool to support the growth and transformation needs of companies. Companies would need to submit individual project proposals with details on their business plans and project outcomes for evaluation.
Companies keen to apply for the Enterprise Development Grant (EDG) should meet these criteria:
The Enterprise Development Grant (EDG) funds up to 70% of qualifying costs for SMEs, and up to 50% of qualifying costs for non-SMEs. Grant applications will be assessed on Group Revenue and Group Employment Size. Refer to the specific project categories for any other eligibility conditions.
The Enterprise Development Grant (EDG) supports projects under three pillars:
The Enterprise Development Grant (EDG) supports projects that are executed domestically, as well as those that help companies to venture overseas.
In capability building and internationalisation projects, significant costs are usually incurred by companies related to third party consultancy, software and equipment, and internal incremental manpower. Other supportable cost components or areas of support may be available in the various project areas. Please refer to the specific sections for details.
Most projects undertaken by companies should be completed within 12 to 18 months upon successful grant application.
You are advised to keep the project timeline to a reasonable duration, to ensure the outcomes remain relevant in a rapidly changing economic environment.
You may find out more about the Enterprise Development Grant (EDG) from business advisors at our SME Centres (www.enterprisesg.gov.sg/contact-info).
You may apply for the Enterprise Development Grant (EDG) via the Business Grants Portal. You will need your company’s CorpPass to apply.
To apply for the Enterprise Development Grant (EDG), you will need your company’s CorpPass. If your company does not have a CorpPass account, refer to the CorpPass Guide for instructions on how to set one up.
You need these information to apply for the EDG:
Project proposal templates are available to guide companies in their preparation for submission.
You may wish to consider why the previous application was rejected before submitting a new application. Projects that are not aligned with the intent of the Enterprise Development Grant (EDG), or those that have already commenced, will not be supported.
You may speak to business advisors at the 11 SME Centres (www.enterprisesg.gov.sg/contact-info) for advice on business upgrading.
Yes. You are required to work with management consultants that possess the SAC-accredited TR 43 or SS 680 certification.
These consultants are certified by personnel certification bodies that have been accredited by the SAC to help businesses identify and select management consultants that can support their business upgrading journey.
This certification recognises management consultants who possess the right knowledge, competence, ethics and experience with the management consultancy process to support businesses in their projects and growth strategies.
The SAC has accredited personnel certification bodies with certification schemes for management consultants. Examples of SAC-accredited personnel certification bodies include the Institute of Management Consultants (Singapore), Singapore Business Advisors and Consultants Council Ltd and TUV SUD PSB Pte Ltd. Companies can find more information on the respective certification body’s respective websites.
As announced in Budget 2019, all companies applying for EDG from 1 April 2020 will have to commit to worker outcomes as part of the qualifying requirements. Worker outcomes include increase in wage increment, job creation, job re-design, or training for existing staff.