PILOT PROJECT & TEST BEDDING
Companies keen on embarking on this project can expect the following project outcomes; gaining market access to product markets, regional markets or overseas markets.
How would a Pilot Project and Test Bedding Project look like?
The Project scope could include:
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Assessment of market to evaluate the product's market potential or the solution's viability.
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Building a track record for successful business entry into new markets such as an overseas presence.
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Ensuring strong business foundations through an effective business strategy to prepare for entry into the new markets.
Note: The product/solution has to be novel. At the point of the grant application, the product/solution cannot be generating revenue for the service provider.
What Kind of Items and or/ Activities are Not Supported By the EDG Grant?
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Costs which are irrelevant to the project such as wage increment or operational costs to ensure that the business functions.
What is The Funding Support Level?
Enterprise Singapore is providing a maximum support level of 80% for costs for SMEs and 60% of qualified costs for Non-SMES from 1 April 2020 to 31 March 2022.
*Overview for Project Application:
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You will need to submit a solid business plan that showcases sound financial management.
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It is preferred if you have a good plan for human capital development.
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A plan for your company's sustainable growth is ideal.
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A credible service provider &/or certified management consultant is required (with Enterprise Singapore-recognised Certification)
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Be prepared to submit documents such as your financial statements from the previous year.
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Application is to be done on the Business Grants Portal.
Drop us a message to find out more about the consultancy services provided. For more information about the grant application process, refer to our FAQ.