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EDG Grant

SFEC Grant

The Enterprise Development Grant (EDG) helps Singapore Companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas. Small Medium Enterprise who is interested in defraying costs for HR Consultancy may be eligible for this grant offered by Enterprise Singapore (ESG) which covers up to 50% of cost.

This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars:

  1. 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.
  2. Innovation and Productivity
    Projects under Innovation and Productivity support companies that explore new areas of growth, or look for ways to enhance efficiency, or optimise resource usage to improve their sustainability performance. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient and sustainable.
  3. Market Access
    Projects under Market Access support Singapore companies that are willing and ready to venture overseas. You may tap into the EDG to help defray some of the costs of expanding into overseas markets.
To qualify for the EDG, you need to:
  • Be a business entity registered and operating in Singapore
  • Have a minimum of 30% local shareholding
  • Be in a financially viable position to start and complete the project
  • Applications will be assessed by Enterprise Singapore based on project scope, project outcomes and competency of service provider.
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