Enterprise Singapore Grant
The Enterprise Development Grant (EDG) helps Singapore companies upgrade, innovate, and transform their businesses to stay competitive in today’s fast-paced environment. Whether you are looking to improve core capabilities, boost productivity through process redesign, or expand internationally, the EDG supports projects that enable sustainable growth.
With the EDG Core Capabilities grant, you can enhance your business foundations by developing a comprehensive strategy, improving financial management, optimizing human capital, delivering service excellence, and strengthening your brand presence. These projects are critical for businesses to build robust capabilities for long-term success.
The EDG provides funding for qualifying costs, including third-party consultancy fees, software and equipment, and internal manpower costs. From 1 April 2023 to 31 March 2026, SMEs can receive up to 50% of eligible costs covered under this grant.
Projects Supported
In today’s competitive market, a strong brand is essential. This project focuses on developing a comprehensive brand and marketing strategy, helping businesses enhance their market positioning, customer engagement, and brand awareness across both digital and traditional platforms.
A solid business strategy is the backbone of a thriving company. This includes formulating growth strategies and enhancing intellectual property management. Our expertise helps businesses craft strategic roadmaps, assess internal and external factors, and implement sustainability-focused initiatives to support long-term growth.
Delivering exceptional service is crucial to customer satisfaction and brand loyalty. This project supports businesses in refining service strategies, managing service challenges, and optimizing customer journeys to create an outstanding service experience.
People are at the core of every successful business. Through Human Capital Development, we assist businesses in enhancing workforce productivity and capability, ensuring that your teams are equipped with the right skills and knowledge to drive organizational success.
Optimize your company’s financial performance through diagnostic analysis, developing strategic roadmaps, and implementing financial and risk management plans. We provide tailored recommendations to streamline financing, investment, and resource allocation, helping you build a solid financial foundation.
Local SMEs can apply for the EDG grant by submitting project proposals that detail business plans, project outcomes, and the intended improvements to their capabilities. Your business can benefit from up to 50% support for eligible costs, allowing you to focus on strategic growth while reducing financial strain
Eligible projects include third-party consultancy services, software and equipment investments, and internal manpower costs to help implement your transformation plans.
FAQs
The Enterprise Development Grant (EDG) supports Singapore companies in their growth and transformation, focusing on three key areas: Core Capabilities, Innovation and Productivity, and Market Access. Bluehive Consultants can assist with your application.
The current support level for EDG is at 50%, and for the Enterprise Sustainability Programme, it is at 70% (valid until 31 March 2026).
The elevated support levels (up to 80% or 90%) were implemented during the pandemic to help businesses and have since been revised.
There is currently no official end date for the Enterprise Development Grant.
Enterprise Singapore (ESG) assesses and approves grant applications based on the project’s feasibility and impact.
Generally, startups are not suitable for EDG and are instead supported under the Startup SG programme. Bluehive Consultants can provide guidance on alternative grants.
Applications are made via the Business Grants Portal. Bluehive can help streamline your application process.
Common requirements include:
The process typically takes 4 to 8 weeks, depending on the clarity and completeness of the application.
Yes, multiple applications are allowed if your company has adequate resources to handle them.
No, you do not need to make payments upfront for the consulting project before applying for the EDG grant. However, you must not sign or make any payment to the consulting firm until the grant application is approved by Enterprise Singapore. After approval, you can proceed with the payment as per the project agreement.
For guidance on the proper steps to ensure your application complies with the requirements, reach out to Bluehive Consultants, who can assist you throughout the process.
Once your EDG grant application is approved, you will receive a Letter of Offer from Enterprise Singapore specifying the grant amount and terms. After project completion and full payment, Enterprise Singapore will process your claim, and the grant amount will be reimbursed directly to your business account upon approval.
For assistance in ensuring a smooth claim process and preparing the required documentation, consult Bluehive Consultants, who can guide you every step of the way.
SMEs must:
Ensure your group meets the criteria:
Applications are possible but less likely to succeed if the company has fewer than three employees unless there is a clear plan for growth.
Projects should demonstrate tangible worker outcomes, such as job creation or wage increases for Singaporean employees.
Collaborate with certified consultants like Bluehive to ensure a strong, clear, and relevant application
You can appeal by contacting Enterprise Singapore with additional supporting documents. Bluehive can assist in preparing your appeal.
At Bluehive Consulting, we specialize in helping businesses leverage the EDG Core Capabilities grant to implement effective and impactful projects. From business strategy development to service excellence, our expert consultants guide you through every step of the process—from project proposal to execution—ensuring that your business is set for success.