EDG Grant Consulting Services Singapore | EDG Grant Consultant Singapore

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What is the EDG Grant?
 

In today’s rapidly evolving business landscape, companies must constantly innovate, upgrade, and stay competitive—not just in Singapore but on a global scale. Yet for many Small and Medium Enterprises (SMEs), the costs of transformation can be intimidating. That’s where the Enterprise Development Grant (EDG) comes in. It is a powerful tool designed to help Singapore businesses grow and succeed through strategic projects that drive innovation, operational excellence, and market expansion.
 

The EDG Grant, administered by Enterprise Singapore, provides financial support to local businesses undertaking projects in three key areas: Core Capabilities, Innovation and Productivity, and Market Access. It allows companies to defray costs associated with consultancy, software, equipment, training, and other project-related expenses.
 

Why the EDG Grant Matters
 

Transformation and growth often require significant investments—whether it’s in new technology, process improvements, branding, or market expansion. The EDG Grant enables businesses to undertake ambitious projects that might otherwise be financially out of reach. By offering up to 50% support for eligible costs (and more for certain industries or circumstances), the EDG lowers the financial risk and encourages long-term strategic thinking.

This grant is part of Singapore’s broader push to uplift the local SME landscape, encouraging companies to upgrade capabilities, go digital, innovate, and compete globally.
 

Key Areas Covered by the EDG Grant
 

The Enterprise Development Grant supports projects that fall into one of three main pillars:
 

1. Core Capabilities

This pillar helps businesses strengthen their foundational aspects so they can be more resilient and sustainable. Projects under this category focus on:

• Business Strategy Development: Crafting long-term growth strategies and transformation roadmaps.

• Financial Management: Improving budgeting, cash flow, and financial forecasting.

• Human Capital Development: Enhancing HR processes, talent development, and employee engagement.

• Service Excellence: Building better customer service systems and culture.

• Strategic Brand and Marketing Development: Developing a compelling brand identity and go-to-market strategies.
   

2. Innovation and Productivity

This pillar supports the use of technology and process improvements to raise efficiency and effectiveness. This includes:

• Automation: Implementing systems that reduce manual processes.

• Process Redesign: Streamlining workflows to improve productivity.

• Product Development: Creating new products or services that give a competitive edge.

• Digital Transformation: Embracing tools like AI, CRM, ERP, and cloud platforms to modernise operations.
   

3. Market Access

This pillar provides support for companies looking to venture into new international markets or deepen their presence overseas. Projects may include:

• Overseas Market Set-Up: Legal and financial advisory for market entry.

• Pilot Test-Bedding: Testing new products/services in new markets.

• Mergers & Acquisitions (M&A): Exploring strategic partnerships or acquisitions overseas.

• Market Expansion Plans: Developing comprehensive strategies to scale up regionally or globally.
   

Who is Eligible for the EDG Grant?
 

To qualify for the EDG Grant, your company must meet the following criteria:
 

1. Be registered and operating in Singapore

2. Have a minimum of 30% local shareholding

3. Be in a financially viable position to start and complete the project

It’s important to note that while the EDG supports a wide range of industries, not all projects are automatically eligible. Your proposal must show how the initiative contributes to business growth, transformation, and competitiveness.
 

What Does the EDG Grant Cover?
 

Depending on the nature of your project, the EDG can help subsidise:

• Third-party consultancy fees (if using recognised consultants)

• Software and IT solutions

• Equipment or hardware (if essential to the project)

• Training costs for employees

• Internal manpower costs (on a case-by-case basis)
   

Support levels typically cover up to 50% of qualifying costs, though higher support (up to 70%) may be available for firms in strategic sectors or those significantly impacted by market disruptions.
 

How to Apply for the EDG Grant
 

Here is a step-by-step breakdown of the application process:
 

1. Identify your project scope
   Clearly define what your business wants to achieve and how the project aligns with one of the three EDG pillars.

2. Engage a suitable consultant (if needed)
   For many projects, especially those involving strategy or branding, it’s recommended to work with Enterprise Singapore-recognised consultants.

3. Prepare your project proposal and budget
   Outline deliverables, timelines, and expected outcomes. Be sure to demonstrate how the project will lead to business transformation.

4. Submit your application via the Business Grants Portal
   All EDG applications are submitted online through the Business Grants Portal.

5. Wait for evaluation and approval
   Enterprise Singapore will assess your application and may request further clarifications. This process may take a few weeks to a few months depending on complexity.

6. Implement your project
   Once approved, you can start your project. Ensure you keep all receipts, invoices, and progress records.

7. Submit claims upon completion
   After the project ends, submit your claims through the same portal with supporting documents for reimbursement.
    

Why Work with an EDG Grant Consultant?
 

Navigating the EDG Grant process can be challenging, especially for SMEs with limited time and resources. That’s why many companies choose to work with grant consultants who can help:

• Assess eligibility and recommend the right grant

• Craft compelling proposals that align with Enterprise Singapore’s criteria

• Manage the application and claims process

• Ensure compliance with documentation and audit standards

A good consultant can significantly increase your approval chances and reduce the workload for your internal team.
 

Common Types of Projects Funded by EDG
 

Here are some examples of projects that have successfully secured EDG funding:

• A manufacturing company automating its production line to reduce labour reliance

• A retail brand developing a digital transformation strategy, including launching an e-commerce platform

• A professional services firm engaging a consultant to develop a business growth roadmap and train leadership teams

• A F&B business expanding into Indonesia and engaging in market feasibility studies

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The Enterprise Development Grant (EDG) is one of Singapore’s most impactful support schemes for SMEs seeking growth, transformation, and internationalisation. Whether you're looking to enhance core capabilities, innovate and improve productivity, or expand into global markets, the EDG Grant provides a solid financial and strategic foundation to make it happen.

With the right planning and support, your business can confidently embrace change, adopt new technologies, develop new products, and explore new markets—without shouldering the full cost alone.

If you’ve been thinking about upgrading your business or expanding overseas, now may be the perfect time to explore how the EDG Grant can support your journey.