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EDG Grant
Overview
Spring Singapore’s Capability Development Grant (CDG) and International Enterprise Singapore’s Global Company Partnership (GCP) grant have been combined into the Enterprise Development Grant (EDG).
Enterprise Development Grants are administered by Enterprise Singapore (which is a merged entity of SPRING and IE Singapore). The objective is to provide holistic and cusomised support to local enterprises seeking to build deep capabilities, scale up, and internationalise.
You can get funding up to 50% if your project is approved.
Eligibility
Criteria
- The business must be a legally registered and operating entity in Singapore.
- A minimum of 30% local shareholding is required, held directly or indirectly by Singapore Citizens or Permanent Residents.
- Applicants should demonstrate sufficient financial stability to initiate and complete the project.
- Projects must not begin prior to grant approval—no contracts, payments, or procurement should be made beforehand.
- If consultants are involved, they must be certified under SAC-accredited TR-43 or SS 680 standards.
- Companies should engage independent third-party consultants or vendors to avoid conflicts of interest.
- Only businesses that meet EnterpriseSG’s SME criteria are eligible for the 50% support level.
Application Process
- Begin by identifying the pillar your project aligns with, preparing your proposal, gathering quotations, and compiling all required supporting documents.
- Log in to the Business Grants Portal (BGP) using CorpPass.
- Select Get New Grant, choose your business sector, and proceed with the Enterprise Development Grant (EDG).
- Indicate the specific pillar Core Capabilities, Innovation & Productivity, or Market Access.
- Fill in all required details, including project timeline, description, expected outcomes, and cost breakdown.
- Upload all supporting documents, such as quotations, financial statements, and consultant certifications.
- Review your application and ensure the authorised personnel accepts the declarations.
- Submit your application and await the evaluation and approval process.
Additional Information
EDG is designed for substantial transformation initiatives that demand tailored, high-impact solutions, with project values commonly starting around S$100,000 and extending into the millions.
Each grant serves different strategic needs, and many businesses combine multiple schemes to support various stages of their broader transformation journey.
FAQs
Can my company start the project before EDG approval?
No. EDG funding strictly applies only to projects that have not started before approval. This means no payments, contracts, or commitments can be made prior to receiving the approval letter. Companies that begin work early risk their entire application being rejected.
Does EDG require the use of certified consultants?
For consultancy-heavy projects (e.g., Strategy Development, Branding, Financial Management), Enterprise Singapore prefers consultants with EnterpriseSG-recognised certifications or verified track records. Uncertified consultants may still be used, but applicants must provide strong justification, including proven expertise, project relevance, and past client outcomes.
Can EDG cover software subscriptions, SaaS tools, or cloud platforms?
Yes, but only if they are directly tied to the approved project. EDG typically supports one-time setup costs, implementation, customisation, and training. Recurring SaaS subscription fees are usually not covered, unless clearly part of initial onboarding or deployment.
How does Enterprise Singapore evaluate whether an EDG project has meaningful impact?
Assessment focuses on the project’s depth of transformation, expected business outcomes, financial viability, and the applicant’s commitment to long-term capability building. Projects that demonstrate sustained improvements — such as productivity gains, new revenue streams, export readiness, IP creation, or strengthened internal processes — have higher chances of approval.
Can SMEs apply for EDG and PSG at the same time?
Yes, but they cannot be used to fund the same project component. PSG is intended for off-the-shelf digital solutions; EDG is for deeper transformation, consultancy, and more customised projects. Companies may use PSG for basic digitalisation tools and EDG for larger-scale improvements, as long as double-funding does not occur.
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