Enterprise Development Grant (Singapore)
Maximize your business potential, by utilising the Enterprise Development Grant (EDG), which provides up to 70% off for eligible companies.
Business Growth With Enterprise Development Grant (EDG)
The Enterprise Development Grant (EDG) is an initiative by Enterprise Singapore to help eligible businesses grow through providing financial incentives for projects that help businesses in any one of the three approved pillars – Core Capabilities, Innovation & Productivity, and Market Access.
The Enterprise Development Grant is designed to help both corporations as well as Small and Medium-sized Enterprises build up their internal capabilities, refining their competitive advantage.
Eligible Business can obtain up to 70% subsidies from the Enterprise Development Grant, to defray the costs of qualifying projects.
Core Capabilities - EDG
Projects that fall under the Core Capabilities pillar of the Enterprise Development Grant are designed to help improve the competitiveness of companies by building up on the business fundamentals.
It can be further broken down into
Innovation & Productivity - EDG
Projects that fall under the Innovation & Productivity pillar of the Enterprise Development Grant are designed to help business try new approaches or models to improve efficiency and performance.
It can be further broken down into
Market Access - EDG
Projects that fall under the Market Access pillar of the Enterprise Development Grant are designed to help businesses tap on, and access venturing overseas, allowing for global market expansion.
It can be further broken down into
Qualifying For The Enterprise Development Grant
Be a registered company and have operations in Singapore
Have a minimum of 30% local shareholding
Be in a financially viable position to start and complete the project