PROCESS REDESIGN ​
Projects under Process Redesign evaluate the current business model and aims to introduce relevant changes to conduct business process redesign. Project outcomes include innovative processes, capability upgrading projects or business automation to enhance the productivity of the company.
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What would a Process and Redesign Project look like?
The Project scope could include:
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Evaluate core business processes, identify strengths and weaknesses and eliminate redundant processes.
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Evalute current performance measures and/or design new ones.
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Design a tracking and measurement system for the business to measure its productivity levels.
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Explore business automation.
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Formulating a strategic roadmap of actions to ensure subsequent improvements.
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What Kind of Items and or/ Activities are Not Supported By the EDG Grant?
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Costs not relevant to the project such as internal manpower cost.
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Items that have been covered by alternate grants
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What is The Funding Support Level?
The Enterprise Development Grant (EDG) funds up to 50% of qualifying costs for SMEs, and up to 30% of qualifying costs for non-SMEs.
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*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.