ENTERPRISE DEVELOPMENT GRANT (EDG)
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:
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Projects under Core Capabilities help you prepare for growth and transformation by strengthening your business foundations. These include
business strategy, financial management, human capital development, service excellence, strategic brand and marketing development.
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2. Innovation and Productivity
Transform your business through innovative products, processes, and new business models. Optimise resource usage to make routine tasks more
efficient and improve performance thru Automation, Process Redesign and Product Development
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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 by adopting Standards (e.g ISO 27001, ISO 22301, AS 9120, AS 9100) to increase business
competitiveness
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What does the EDG support?
From 1 April 2023, SMEs can receive up to 50% support for EDG (sustainability-related projects may be supported at up to 70% from 1 April 2023
to 31 March 2026). Please refer to the Enterprise Sustainability Programme page for more details.
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What is not covered:
X Cost of annual surveillance or recertification of current standards which the company is already certified to
X Standards referred to in local regulatory acts
X Product testing and validation of existing or off-the-shelf products
X Basic standards such ISO 9001, ISO 14001*, SS 506, SS 444 and ISO 45001
Who can apply?
To qualify for the EDG, you need to:
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Be registered and operating in Singapore
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Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual
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ownership
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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
For more information, please visit the Enterprise Singapore website at https://www.enterprisesg.gov.sg
Alternatively, you may want to contact our Principle Consultant Mr. Tan Eng Soon for any discussion on the EDG at engsoon@gensmgt.com