Enterprise in Singapore: Subsidy
Business development grant (EDG)
Enterprise in Singapore: Subsidy
Qualifying criteria
- Local ownership of at least 30% of the shares.
- Having the necessary financial resources to start and finish the project.
- A business entity that is incorporated or registered in Singapore.
The goal of the Enterprise Development Grant is to help Singaporean companies build their internal capabilities in three main areas and the pertinent sub-areas.
1. Productivity and innovation projects include those involving product development, process restructuring, and automation.
2. The main competencies include developing corporate strategies, building human capital, providing excellent customer service, and managing finances with the help of outside experts.
3. Standard adoption, international marketing presence, mergers and acquisitions, pilot initiatives, and test beds are examples of market access.
