Enterprise Development Grant (EDG) EDG is a financial support program offered by Enterprise Singapore to help local companies enhance their capabilities, drive innovation, expand overseas and achieve long-term growth. 50% The cost of the
🌟 EDG support recipients and amounts
✅ Singapore registered and locally operating company
✅ At least 30% Shareholding held by Singapore citizens or permanent residents
✅ The company has the financial capacity to start and complete the project
Subsidized amount:
SME Eligible Projects: grants up to 50% Eligible Expenditures
Non-SME projects: highest grants 30%
🌟 Categories of programs supported by EDG
EDG covers three major categories of programs:
1️⃣ Core Capabilities
Enhancement of basic corporate management capabilities, such as business strategy, financial management, human resources, service quality, and branding strategy.
2️⃣ Innovation & Productivity (I&P)
Support automation, digital transformation, process optimization, product or service innovation, etc.
3️⃣ Market Access
Assisting companies in expanding into overseas markets, including market research, pilot programs, certification, and mergers and acquisitions.
🌟 Range of subsidizable costs
The EDG allowance supports the following costs:
Fees for third-party consultancy services
Software, equipment acquisition or upgrade costs
Expenditures on manpower for new posts created during project implementation
🌟 Application process and deadlines
✅ Projects should normally be 12 to 18 months completion within
✅ Adoption Business Grants Portal (BGP) Apply online with your company CorpPass
✅ Enterprises submit detailed project proposals and budgets, which are approved by Enterprise Singapore for payment of stipends.
🌟 Why do companies apply for EDG?
✅ Reducing the financial pressure of business transformation and overseas expansion
✅ Promoting enterprise competitiveness and productivity
✅ Support for innovation, brand and process optimization
✅ Can be used in conjunction with other government grants (e.g. SkillsFuture corporate subsidies)
🌟 Services we can assist with
As a professional secretarial and consultancy organization, we can offer companies:
🎯 EDG Eligibility Assessment and Program Planning
🎯 Project program design, budgeting
🎯 Guidance on preparing and submitting application materials
🎯 Consultant referrals and vendor matchmaking
🎯 Project progress tracking and compliance advice
🎯 Allowance claims and case closure support
📌 Conclusion
EDG is an important support program of the Singapore government to promote the upgrading and transformation of enterprises and to explore the market. By choosing a team of professional consultants to assist with your application, you can increase your success rate and accelerate the landing of your project.
