EDG Grant Overview (Updated 6 March 2026)
Enterprise Development Grant (EDG Grant) for SMEs
The Enterprise Development Grant or EDG Grant is designed to help SMEs execute digital transformation, improve productivity, or expand overseas.
EDG funds up to 50% of the qualifying project costs, namely third-party consultancy fees, software, and equipment.
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Grant Overview
The Enterprise Development Grant (EDG) supports Singapore SMEs in undertaking projects that enhance productivity, innovation, and business growth.
Key highlights include:
• Provides up to 50% funding support for eligible Singapore SMEs undertaking business transformation initiatives.
• Supports projects across three main pillars: Core Capabilities, Innovation & Productivity, and Market Access.
• Covers qualifying costs such as third-party consultancy, software solutions, equipment, and internal manpower.
• Grant approval typically takes between 8 to 12 weeks after application submission through the Business Grants Portal.
• Once approved, companies may commence project implementation and submit claims after completion.
• Disbursement is generally processed within 14 working days after successful claim approval.
Eligibility
To qualify for the Enterprise Development Grant (EDG), companies must meet the following criteria:
• The company must be registered and operating in Singapore.
• At least 30% local shareholding must be held by Singapore Citizens or Permanent Residents.
• The supported project must be implemented within Singapore.
• The company should be financially capable of completing the proposed project.
• Projects must be new and must not commence before the grant application is submitted and approved.
• For consultancy-related projects, companies are required to engage a certified Practising Management Consultant (PMC).
EDG Grant
Benefits
The Enterprise Development Grant (EDG) serves as a strategic funding tool to help SMEs scale their operations through structured transformation initiatives.
Key benefits include:
Cost Support for Business Transformation
Companies can receive funding support of up to 50% for qualifying project costs, reducing the financial burden of implementing transformation initiatives.
Strengthened Business Capabilities
Businesses can improve their internal capabilities through strategic planning, operational improvements, and technology adoption.
Innovation & Productivity Improvements
The EDG encourages organisations to adopt innovative solutions and new technologies to enhance operational efficiency and competitiveness.
Market Expansion Opportunities
The grant supports companies looking to expand internationally or strengthen their presence in new markets.
Sustainable Long-Term Growth
By investing in capability development and strategic transformation, businesses can build a stronger foundation for sustainable and scalable growth.
The EDG Grant supports a wide range of transformation initiatives across three primary pillars:
Pillar I: Core Capabilities
This pillar focuses on strengthening a company’s internal foundation to support sustainable business growth.
Projects under this category typically involve improving strategic planning, financial management, branding, and organisational development. With the right advisory and implementation support, businesses can build stronger operational structures and enhance their long-term competitiveness.
Pillar II: Innovation & Productivity
The Innovation & Productivity pillar supports businesses in adopting new technologies and improving operational efficiency.
Companies can leverage EDG to implement digital transformation initiatives, automation solutions, and product or service innovation projects that enhance productivity and create new value for their customers.
Pillar III: Market Access
The Market Access pillar supports businesses looking to expand beyond Singapore and enter new international markets.
This may include initiatives such as overseas market research, international branding strategies, partnerships, and market entry planning that help companies scale their presence globally.
How to Apply
The application process for EDG is comprehensive and requires a project-based approach. Follow these steps:
Determine the business transformation project your company plans to undertake and align it with one of the EDG pillars: Core Capabilities, Innovation & Productivity, or Market Access.
Work with an experienced consultant such as U2 Asia Solutions to define the project scope, objectives, and implementation approach.
Prepare company information, financial details, and the project proposal.
Submit your EDG application through the Business Grants Portal (BGP) using your company’s CorpPass account.
Enterprise Singapore will review the proposal and may request additional information before issuing the grant approval.
Once approval is granted, proceed with the project according to the approved scope and timeline.
After completing the project, submit the claim through BGP for reimbursement of the approved project costs.
Frequently Asked Questions (FAQ)
What is the Enterprise Development Grant (EDG)?
The Enterprise Development Grant (EDG) is a government grant administered by Enterprise Singapore that supports SMEs in upgrading their capabilities, improving productivity, and expanding into international markets.
What is the difference between PSG and EDG?
The PSG is for pre-approved, “off-the-shelf” solutions, while the EDG is for customized, strategic projects that require deep consultancy and a unique project proposal.
Who is eligible to apply for the EDG?
Companies must be registered and operating in Singapore, with at least 30% local shareholding, and must have the financial capacity to undertake the proposed project.
What types of projects are supported under EDG?
EDG supports projects under three main pillars: Core Capabilities, Innovation & Productivity, and Market Access, covering initiatives such as digital transformation, process improvement, and overseas expansion.
How much funding can companies receive from EDG?
Funding support varies depending on the project scope and eligibility. The grant typically co-funds a portion of qualifying project costs approved by Enterprise Singapore.
Can a company start the project before the grant is approved?
No. Companies must wait for the official grant approval before starting the project or making any payments related to it.
How long does the EDG application process take?
The review process typically takes several weeks to a few months, depending on the project complexity and completeness of the application.
How can U2 Asia Solutions help with the EDG application?
U2 Asia Solutions provides end-to-end support, including project scoping, proposal preparation, grant application submission, and implementation guidance to help businesses navigate the EDG process.
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