Enterprise Development Grant

The Enterprise Development Grant (EDG) by Enterprise Singapore (ESG) helps Singapore companies grow and transform. It supports projects to upgrade business, innovate or venture overseas.

What can be funded

Projects under these three pillars are supportable through the EDG:

Core Capabilities
Projects under Core Capabilities help businesses prepare for growth and transformation by strengthening their business foundations. These should go beyond basic functions such as sales and accounting.

Innovation and Productivity
Projects under Innovation and Productivity support companies that explore new areas of growth, or look for ways to enhance efficiency. These could include reviewing and redesigning workflow and processes, or tapping into automation and technologies to make routine tasks more efficient.
 
Market Access
Projects under Market Access support Singapore companies that are willing and ready to venture overseas. Companies may tap into the EDG to help defray some of the costs of expanding into overseas markets.

 

How much funding is available

From 1 April 2020 to 31 March 2022, eligible property agencies may receive up to 80% funding support for qualifying project costs i.e. third-party consultancy fees, software and equipment, and internal manpower cost.

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Who can apply

Property agencies who meet the following eligibility criteria at the point of application:

  • Are registered and operating in Singapore
  • Have at least 30% local shareholding
  • Be in a financially viable position to start and complete the project

Applications will be assessed by ESG based on project scope, project outcomes and competency of service provider.

 

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How to apply

  1. Identify the key project category you wish to apply for.
  2. Identify suitable providers to support the project.
  3. Prepare the project proposal and supporting documents. Project proposal templates and an EDG application checklist are available to guide you in your preparation for submission.
  4. Submit an application on the Business Grants Portal (BGP). You will need to have a CorpPass account to transact on the BGP.

Visit ESG’s webpage for the full application process.

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