Question 1

Can I apply for the EDG? What are the prerequisites / criterias?

Accepted Answer

Companies should:
 
- 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

Find out if you are eligible here.(javascript:void(0))

Question 2

What is the Enterprise Development Grant (EDG)?

Accepted Answer

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, Innovation & Productivity and Market Access.

Question 3

How much grant can my company get?

Accepted Answer

Companies can get up to 50% grant on qualifying costs depending on eligibility.

Question 4

How much grant support can I receive? Is there a cap on funding?

Accepted Answer

The Enterprise Development Grant (EDG) funds up to 50% of qualifying costs for SMEs, and up to 30% of qualifying costs for non-SMEs.

Grant applications will be assessed on Group Revenue and Group Employment Size.

Question 5

What is the maximum amount of grant I can apply for?

Accepted Answer

While there is no minimum or maximum amount, the company’s annual revenue will be placed into consideration. The company has to be in a financially viable position to start and complete the project.

Question 6

What are the supportable project areas &/or activities under EDG?

Accepted Answer

The areas that EDG supports are the following:
 
Core Capabilities - Projects under this pillar help businesses prepare for growth and transformation by strengthening their business foundations. 
 
 • Strategic Brand & Marketing Development
 •  Business Strategy Development
 •  Human Capital Development
 •  Service Excellence
 •  Financial Management
Innovation and Productivity - Projects under this pillar support companies that explore new areas of growth, or look for ways to enhance efficiency.
 
 • Product Development
 • Process Redesign
 • Automation
Market Access - Projects under this pillar support Singapore companies that are willing and ready to venture overseas.
 
 • Pilot Project & Test Bedding
 • Overseas Marketing Presence (OMP) & Market Readiness Assistance Grant (MRA)
 • Mergers & Acquisitions (M&A)
 • Standards Adoption
If you’d like to enhance your business in these areas, you may contact a certified consultant (javascript:void(0))to get more information. Find out if you are eligible here.(javascript:void(0))

Question 7

My company is quite ‘big’, can I still apply for EDG?"

Accepted Answer

Yes. However, your company will still have to meet these criterias:
 
 • 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.

Question 8

I have a Sole Proprietor, can I apply for EDG?"

Accepted Answer

While it is not a straight no, you would have to have: at least 3 employees, proper accounting done, and be in a financially viable position to start and complete the project.

Question 9

Which are the worker outcomes that I have to commit to?

Accepted Answer

• All companies applying for EDG have to commit to worker outcomes as part of the qualifying requirements.
 • Worker outcomes include increase in wage increment, job creation, job redesign, or training for existing staff.

Question 10

Can projects with both domestic and overseas items and/or activities be supported under EDG?

Accepted Answer

While the EDG supports projects that are executed locally, as well as those that help companies to venture overseas.

Question 11

How can I apply for EDG?

Accepted Answer

Applications are done via the Business Grants Portal.(https://www.businessgrants.gov.sg/) You will need your company’s CorpPass to apply.
 
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here(javascript:void(0))
 to speak with a certified consultant.

Question 12

What information would I require for an EDG application?

Accepted Answer

You will need your company’s CorpPass. If your company does not have a CorpPass account, refer to the CorpPass Guide (https://www.corppass.gov.sg/corppass/common/userguides)for instructions on how to set one up.
 
You need these information to apply for the EDG:
 • ACRA information
 • Latest audited financial statements
 • Project Proposal (see templates)
 • Relevant proof of quotation or proposal
 • Certified consultancy scopes & proposal
 • Consultants’ certification

Question 13

What is the application process for the EDG?

Accepted Answer

1. Ensure your business qualifies for EDG
2. Consult a certified management consultant or an SME advisor.(https://www.enterprisesg.gov.sg/non-financial-assistance/for-singapore-companies/network-of-partners/sme-centres/overview)
3. Prepare the Project Proposal
4. Prepare the relevant supporting documents
5. Submit application via Business Grants Portal.(https://www.businessgrants.gov.sg/)

Question 14

What is the approval process for the EDG?

Accepted Answer

• The approval process takes between 4 to 12 weeks, depending on industry, size of project, and workload of the Enterprise SG officers at that point of time. A professionally prepared proposal that showcases clarity and a strong intend to spark a growth in your business may help to speed up the process.
 • Companies may be interviewed by ESG.
 • Once approved, a letter of offer will be sent to you.
 • You can then accept the offer and notify your project partners to commence work.

Question 15

How do I know if I get the EDG grant?

Accepted Answer

You will either receive a letter of offer or a letter of rejection.

Question 16

If I did not get the EDG approval, can I appeal?"

Accepted Answer

Yes, you can email ESG to appeal.

Question 17

I need more information on the EDG. Who can I speak to?

Accepted Answer

You may speak with an SME advisor (https://www.enterprisesg.gov.sg/non-financial-assistance/for-singapore-companies/network-of-partners/sme-centres/overview)or a certified consultant.(javascript:void(0))
 
Click here to speak with a certified consultant.(javascript:void(0))

Question 18

Why are the supportable cost components under EDG limited to third party consultancy, software and equipment, and internal incremental manpower costs?"

Accepted Answer

In capability building and internationalisation projects, significant costs are usually incurred by companies related to third party consultancy, software and equipment, and internal incremental manpower.

Other supportable cost components or areas of support may be available in the various project areas.

Question 19

When must an EDG funded project be completed?

Accepted Answer

Most projects undertaken by companies should be completed within 12 to 18 months upon successful grant application.
You are advised to keep the project timeline to a reasonable duration, to ensure the outcomes remain relevant in a rapidly changing economic environment.

Question 20

How is EDG different from the Productivity Solutions Grant (PSG) and the Market Readiness Assistance (PRA) grant?

Accepted Answer

• The Productivity Solutions Grant (PSG) and the Market Readiness Assistance (MRA) grant are separate schemes with different intents. The PSG supports companies looking to adopt specific productivity solutions or equipment, while the MRA supports companies who wish to take their first step into overseas markets. Since the areas of support have been pre-specified, the purpose of the PSG and MRA is largely to facilitate ease of adoption.
 • The Enterprise Development Grant (EDG) is a tool to support the growth and transformation needs of companies. Companies would need to submit individual project proposals with details on their business plans and project outcomes for evaluation.

Question 21

I have an existing project that was awarded CDG and/or GCP. How will I be affected?

Accepted Answer

If your company has been awarded the Capability Development Grant (CDG) and/ or the Global Company Partnership (GCP) grant, you will not be affected. When your project is complete, you should proceed to submit claims (https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/apply/claims)based on the instructions provided under the respective grants.

Question 22

My CDG and/or GCP application was rejected previously. Can I try again through EDG?

Accepted Answer

• You may wish to consider why the previous application was rejected before submitting a new application. Projects that are not aligned with the intent of the Enterprise Development Grant (EDG), or those that have already commenced, will not be supported.
 • You may speak to business advisors at the 11 SME Centres (https://www.enterprisesg.gov.sg/contact/overview)for advice on business upgrading.

Question 23

Can I only work with consultants who possess Enterprise Singapore-recognised certification for consultancy projects?

Accepted Answer

Yes. You are required to work with management consultants that possess Enterprise Singapore-recognised certification. This is so as certified consultants would have passed a stringent selection process with exams, verified track records of successful consultancy projects, and interviews with a panel of senior consultants.
 
Click here (javascript:void(0))to speak with a certified consultant.

Question 24

Why do I need to work with an Enterprise Singapore-recognised consultant? How do I benefit from it?

Accepted Answer

• Enterprise Singapore-recognised consultants are certified by certification bodies specifically appointed to help businesses select management consultants in their business upgrading journey.
 • This certification recognises management consultants who possess the right knowledge, competence and ethics to support businesses in their projects and growth strategies.
Click here (javascript:void(0))to speak with a certified consultant.

Question 25

How can I engage these Enterprise Singapore-recognised consultants?

Accepted Answer

Enterprise Singapore has appointed three certification bodies with reputed certification programmes. They are Institute of Management Consultants (Singapore), Singapore PMC Certification Pte Ltd and TUV SUD PSB Pte Ltd. Companies can find more information on their respective websites.
 
Click here (javascript:void(0))to speak with a certified consultant.