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Grants

How can Singapore companies leverage on the Enterprise Development Grant (EDG) to upgrade, grow and expand?
Image by Job Savelsberg

What is EDG Grant?

The Enterprise Development Grant (EDG) is an initiative by Enterprise Singapore.

 

It supports Singapore companies starting new projects to upgrade their business, explore new growth, or expand overseas under three pillars: Core Capabilities, Innovation & Productivity and Market Access. 

The EDG funds individual projects tailored to each business, specifically the qualifying project costs including third-party consultancy fees, software and equipment, and internal manpower cost.

How much grant support is provided?

From 1 April 2023

SMEs may receive up to 50% EDG support.  

 

From 1 April 2023 to 31 March 2026

Sustainability-related projects may be supported at up to 70%.

Eligibility

The following criteria must be fulfilled:

  • Business entity registered and operating in Singapore.

  • Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership.

  • Company is financially ready to start and complete the project. Commonly used financial indicators, such as the current ratio, will be used for assessment.

Our Services Supported by EDG

Our consultants are certified Management Consultant recognised by Enterprise Singapore to execute and manage the funded projects.
  • Key Service Areas

    1. Business Strategy and Roadmapping

    2. Franchise Development

    3. License Development

    4. Intellectual Property (IP) Strategy and Management

  • Key Service Areas

    1. Brand and Marketing Development

    2. Business Concept Development

Working on laptop

FT Consulting provides end-to-end assistance and advice for our clients

  1. Support and guidance for EDG Grant Application

  2. Execution and Management of Project

  3. Support and guidance for Grant Claim

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