Enterprise Development Grant (EDG)
This grant focuses on strengthening business foundations, enhancing company strategies and assisting with overseas expansion through 3 main pillars:
Projects under this category prepare companies for increased growth by strengthening and stabilising business foundations. These go beyond basic functions such as sales and accounting to help companies stay competitive.
Innovation & Productivity
Projects under this category prepare companies in exploration of new areas of development. These include reviewing and redesigning work processes, such as tapping on automation to increase work efficiency and remain relevant in society today.
Projects under this category receive financial assistance to help Singapore companies venture into overseas and defray resultant costs incurred at the same time.
With a funding support of up to 70% of qualifying project costs, the EDG covers for namely third party consultancy fees, software and equipment, and incremental manpower costs.
Registered and operating in Singapore
Have a minimum of 30% local shareholding
Be in a financially viable position to start and complete the project
Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of service provider.
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