Know more about Enterprise Development Grant (EDG)

Know more about Enterprise Development Grant (EDG)

Enterprise Singapore is responsible for managing a government grant program called the Enterprise Development Grant (EDG) that supports the expansion and modernization of Singaporean businesses. The funding is intended to support firms as they grow, innovate, and explore new markets.

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Up to 70% of expenses that qualify for financial help are covered by the EDG Award. Third-party consulting fees, equipment and software purchases, as well as internal labor expenditures, are all considered eligible expenses. Singaporean enterprises that fit the following requirements are eligible for the grant:

1. Operating and being registered in Singapore

2. a minimum of 30% of the shares are owned locally.

3. Neither have a group employment size of more than 200 employees nor a group yearly sales turnover of more than SGD 100 million.


There are three types of EDG Grants available, namely:

1. Core Capability: This grant is aimed at supporting businesses in their efforts to upgrade their business operations and processes. Eligible projects include the adoption of new technologies and the implementation of management systems to improve productivity and efficiency.

2. Innovation and Productivity: This grant is designed to support businesses in their efforts to develop new products and services or improve existing ones. Eligible projects include research and development, automation and streamlining of processes, and the development of new business models.

3. Market Access: This grant is aimed at supporting businesses in their efforts to venture into new markets. Eligible projects include market research, market entry strategies, and overseas market promotion.


The application process for the EDG Grant is straightforward. Interested businesses can submit their applications online via the Business Grants Portal. The application must include a detailed project proposal, budget, and a business plan. Applicants must also provide supporting documents, such as financial statements and company profiles.

In conclusion, the EDG Grant is an excellent initiative by the Singaporean government to support the growth and transformation of local enterprises. Businesses can take advantage of the grant to upgrade their capabilities, innovate, and venture into new markets. If you are a Singaporean business owner looking to expand your operations, it is worth considering the EDG Grant to support your growth journey.


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