ENTERPRISE DEVELOPMENT GRANT (EDG)

Programme:Enterprise Development Grant (EDG)

Awards:Up to 50% of eligible project costs for SMEs; up to 70% support for sustainability-related projects (from 01/04/2023 to 31/03/2026)

Beneficiaries:sme

Key Features:Supports projects that help companies redesign processes, automate, and develop products under the Innovation & Productivity pillar.

KEY INFORMATION

Grant Provider
Enterprise Singapore

Max Amount / Support Rate
50% for SMEs; 70% for sustainability-related projects (01/04/2023 to 31/03/2026)

Project Duration
Most projects to be completed within 12 to 18 months upon approval

SUPPORT RATE

Support Rate

50% (general)
70% (sustainability-related projects within 01/04/2023–31/03/2026)

Qualifying Expenditure Details

Eligible costs include third-party consultancy fees, software and equipment, and internal incremental manpower costs

REQUIREMENTS

Business entity must be registered and operating in Singapore.
At least 30% local shareholding by Singapore Citizens and/or PRs.
Company must be financially viable and ready to execute the project.
Applicants engaging consultants must use those certified under SAC-accredited TR 43 or SS 680.

EXPECTED OUTCOME

Increased efficiency through process redesign.
Improved productivity via automation and digital solutions.
Development of innovative products and services.
Strengthened competitiveness in local and global markets.

SUPPORTED PROJECTS

Process redesign initiatives.
Automation of operations and workflows.
Development of new or improved products and services.
Implementation of productivity-enhancing technologies.
Digital transformation projects.

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