Enterprise Development Grant (EDG)
Enterprise Development Grant (EDG) aims to help Singapore businesses enhance, innovate or venture overseas. Generally, EDG funds up to 70% of qualified project costs. Particularly, this includes third-party consultancy fees, software development, equipment and incremental manpower cost.
To begin, schedule an appointment with a Certified Consultant and learn more, today!
Supported Project Scopes
Strategic Brand & Marketing, Business Strategy Development, Human Capital Development, Service Excellence, and Financial Management
First, projects categorized under ‘Core Capabilities’ help businesses prepare for growth and transformation by enhancing their business foundations. Needless to say, these projects should go beyond basic functions such as sales and accounting.
Innovation and Productivity
Product Development, Process Redesign, and Automation
Next, projects categorized under ‘Innovation and Productivity’ aims to support companies explore new areas of growth or enhance efficiency. Also, these projects could include reviewing and redesigning workflow and processes. Ideally, this is for companies looking to tap into automation and technologies to make routine tasks more efficient.
Pilot Project & Test Bedding, Overseas Marketing Presence, Mergers & Acquisitions, and Standard Adoptions
Finally, projects that are categorized under Market Access aims to support businesses that are willing and ready to venture overseas. Hence, you may tap into the EDG to defray some of the costs of expanding into overseas markets.
Develop Your Brand as a Viable Strategy for Success
EDG Frequently Asked Questions
What is EDG?
- Core Capabilities,
- Innovation & Productivity, and
- Market Access.
What are the supportable areas?
- Core Capabilities
- Strategic Brand & Marketing Development
- Business Strategy Development
- Human Capital Development
- Service Excellence
- Financial Management
- Innovation and Productivity
- Product Development
- Process Redesign
- Market Access
- Pilot Project & Test Bedding
- Overseas Marketing Presence
- Mergers & Acquisitions
- Standards Adoption
How much support can I get for the EDG?
What is the criteria for EDG?
- Be registered and operating in Singapore
- Have a minimum of 30% local shareholding
- Be in a financially viable position to start and complete the project
Can startup companies apply?
Who approves the EDG grant?
- Assess the application,
- Determine the feasibility and impact of the project, and
- Give the final approval
Get Started with 3D Brand Agency
3D Brand Agency specializes in Branding & Marketing, Business Strategy Development, Product Development and Process Redesign.
Find out how 3D Brand Agency’s TÜV SÜD certified consultants can help you execute your project and get EDG funding support.