Enterprise Development Grant (EDG)
Overview
The Enterprise Development Grant (EDG) supports Singapore companies in their strategic transformation and capability building initiatives. Unlike PSG which focuses on pre-approved solutions, EDG covers more ambitious projects including custom solutions, process improvements, and sustainability initiatives.
Support Details
Eligibility Criteria
- Be registered and operating in Singapore
- Have at least 30% local shareholding
- Project that enhances business capabilities or transforms operations
- Project has not commenced before approval
Application Process
Assess Your Needs
Identify transformation goals and desired outcomes
Prepare Proposal
Document project scope, timeline, budget, and expected outcomes
Submit Application
Apply via Business Grants Portal with supporting documents
Evaluation
Enterprise Singapore evaluates based on project merit and company capability
Approval
Receive notification of approval or rejection
Implementation
Execute project according to approved scope
Common Reasons for Rejection
- Project scope not clearly defined or justified
- Insufficient linkage between project and business outcomes
- Lack of internal capability to execute the project
- Project commenced before approval
Best Practices
Align with Strategic Goals: Ensure project directly supports clear business objectives
Demonstrate ROI: Show clear return on investment and quantifiable benefits
Engage Qualified Partners: Work with experienced consultants or technology providers
Quick Checklist
- Business transformation or capability building project identified
- At least 30% local shareholding
- Project not yet commenced
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