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Enterprise Development Grant (EDG) Support

What Does The Enterprise Development Grant (EDG) Support?


The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost. As announced at Supplementary Budget 2020, the maximum support level will be raised to 80% ‪will be extended from 30 September 2021 to 31 March 2022.

‪https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/overview‬

ENTERPRISE DEVELOPMENT GRANT (EDG)

Overview:

Enterprise Development Grant
Today and into the future, companies that thrive are the ones that have strong business foundations and strategies, adopt technology and innovative processes, and grow their overseas presence.

‪https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/apply/pre-application‬

We are assisting customers on ENTERPRISE DEVELOPMENT GRANT (EDG) application:

As announced at Budget 2021, the enhanced maximum support level of up to 80% will be extended from 30 September 2021 to 31 March 2022.

What does the EDG support? 

The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.

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, 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. These could include reviewing and redesigning workflow and processes. Companies could also tap into automation and technologies to make routine tasks more efficient.
  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.

What does the EDG support?

The grant funds qualifying project costs namely third party consultancy fees, software and equipment, and internal manpower cost.

For enterprises that are most severely impacted by COVID-19, the maximum support level may be raised to 80% on a case-by-case basis.

Who can apply?

To qualify for the EDG, you need to:

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

Find out how to apply for the EDG.

For more information, do call us now at +65 9677 6107 / +65 9846 4649 We will assist your company to apply for grant and provide consultation. 

WhatsApp: ‪+65 98464649‬
https://wa.me/6598464649

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