Today and into the future, companies that thrive are the ones that have strong business foundations and strategies, adopt technology and innovative processes, and grow their overseas presence.
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:
Projects under Core Capabilities help businesses prepare for growth and transformation by strengthening their business foundations. These should go beyond basic functions such as sales and accounting.
Projects under Innovation and Productivity support companies that explore new areas of growth, or look for ways to enhance efficiency. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient.
Contact us to begin your funding process.
The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.
To qualify for the EDG, you need to:
Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of service provider.
Though it depends on the Enterprise Singapore processing officer, usually it would take about 4-6 weeks for an outcome.
We would be helping you to
- Define the business need for the project
- Draft the grant application
- Help you apply
- Guide you to respond to queries from processing officer
- execute the project as per agreed scope
- help you to submit the final outcome and project documents as per the offer
letter to Enterprise Singapore for the Grant claims.
Eligible SMEs may be able to obtain upto 80% funding, while eligible non-SME local companies may obtain upto 60% funding
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