Can You Build Web Development Company Via EDG Grant?

Can You Build Web Development Company Via EDG Grant?

The Enterprise Development Grant (EDG) is a financial assistance program administered by Enterprise Singapore to support the growth and expansion of small and medium-sized enterprises (SMEs) in Singapore.


While the EDG can provide funding for various types of business development initiatives, including technology adoption and capability building, it is important to note that the grant is not intended to provide funding for the establishment of new companies.


Therefore, if you are looking to establish a new web development company, you may not be able to use the EDG grant to support the startup costs associated with setting up a new business. However, once your company is established, you may be eligible to apply for the EDG to support initiatives such as developing new capabilities, implementing new technology, or expanding into new markets.


It is recommended that you consult with Enterprise Singapore or a business advisor to determine whether your company is eligible for the EDG and to identify other potential sources of funding to support your business goals.


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