Today and into the future, companies that thrive are the ones that have strong business foundations and strategies, adopt technology and innovative processes, and grow their overseas presence.

The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars:

• Core Capabilities

Projects under Core Capabilities help businesses prepare for growth and transformation by strengthening their business foundations. These should go beyond basic functions such as sales and accounting.

• Innovation and Productivity

Projects under Innovation and Productivity support companies that explore new areas of growth, or look for ways to enhance efficiency. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient.

• Market Access

Projects under Market Access support Singapore companies that are willing and ready to venture overseas. You may tap into the EDG to help defray some of the costs of expanding into overseas markets.

EDG support what?

The grant funds up to 70% of qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.

Who can apply?

To qualify for the EDG, you need to:

Be registered and operating in Singapore
• Have a minimum of 30% local shareholding
• Be in a financially viable position to start and complete the project

Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of service provider.

Find out how to apply for the EDG.

Note: Applications for the Capability Development Grant (CDG) and Global Company Partnership (GCP) Grant have ended on 24 October 2018. The EDG has replaced both grants.

• Check if you qualify for the Enterprise Development Grant (EDG). You need to:
  • Be registered and operating in Singapore
  • Have a minimum of 30% local shareholding
  • Be in a financially viable position to start and complete the project
• Identify the key project category you wish to apply for.
• If you need help to scope your project, please refer to the project details within each section. You can also download the relevant project proposal templates and supporting document checklist to guide you in your preparation. Three project proposal templates are available to guide your preparation for submission for the relevant project categories.

• EDG Project Proposal Template-Core Capabilities
• EDG Project Proposal Template-Innovation Productivity
• EDG Project Proposal Template-Market access

You may approach the SME centres to discuss your projects.

• Identify suitable providers to support your project. Companies applying for EDG support for consultancy-related costs must engage management consultants with Enterprise Singapore-recognised certification. Those who do not need to be certified are:
• Members/ specialists in the consultancy team who are not providing management consultancy services, but are performing dedicated functions, such as market research, audit, fieldwork, design/ artwork, equipment installation, and drafting of legal agreements.
• Consultants offering technical advice and expertise in the development of new technology, and solutions vendors.
• The EDG only supports projects that are new and not generating any revenue at the point of grant application. A project is considered to have begun if suppliers and service providers have already signed a contract, or if any work on the project scope has begun or if payment has been received for the project.
• Prepare the project proposal.
• Prepare the following documents:
• Latest ACRA search or instant information (dated no earlier than 6 months from date of project application). If there are corporate shareholders, please provide the information for the corporate parents as well.
• Latest audited financial statement (no earlier than 12 months from date of project application) of your company and consolidated financial statement of your ultimate parent company, if applicable. This is not required if you have provided the information for a prior project within the last 12 months, and there are no changes to the documents.
• Relevant proof of quotation for the cost of your project items.
• For projects where management consultants are engaged, please include the consultants’ proposal detailing the scope of work, man-day rate breakdown of the service, as well as the CVs and scanned copies of Enterprise Singapore-recognised certification(s) of each individual consultant.

• Click here for the EDG Application Checklist

Applicants will have to provide projected figures in the following areas arising from the implementation of the project:

Company revenue
• Staff remuneration
• Depreciation
• Net operating profit before tax for three years’ post-project (inclusive of the year of project completion)

Click here to apply for the EDG.