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Enterprise Development Grant
To thrive now and in the future, companies have to build strong business foundations and strategies, look into innovation and adoption of technology, streamline processes as well as expand their presence overseas.
The Enterprise Development Grant (EDG) assists Singapore companies to grow and transform by supporting projects that help businesses to upgrade, innovate or venture overseas.
Get up to 80% funding from EDG when you engage our services.
When was the last time you did a full health diagnosis for your company? You will be surprised to know that we uncovered large amounts of unnecessary wastage and hidden potential during our consultations with other companies.
Do you know your company’s positioning against competitors?
What are the current and future market trends in your industry?
Have you derived a roadmap for your company?
How are organisational objectives broken down into bite-sized action plans for the respective departments ?
A vision without action is merely a dream. We have seen many good initiatives that were not rolled out or abandoned halfway, which cost valuable time and potential revenue for the company. We know how important it is to have an effective and practical implementation of business plans.
FAQs
You can apply for EDG if your company:
• Is registered and operating in Singapore
• Has a minimum of 30% local shareholding
• Is in a financially viable position to start and complete the project
All our consultants have a wealth of experience and achieved Singapore Certified Management Consultant certification that is recognised by Enterprise
Singapore. Apart from the dedicated consultant tagged to your project, you will have the support of our whole consulting team.
It takes approximately 6 to 8 weeks.
There is no guarantee as there are various factors involved. We will help you to perform an evaluation and write a proposal for the grant application. Based on our experience, almost 100% of our clients had their grant applications approved.
No fees will be charged if the grant application is not approved. The Business Proposal will be passed to you as a gesture of goodwill.
Yes, we will be assisting you every step of the way, from the grant application to the completion of project and submission for reimbursement.
Majority of SMEs will receive up to 80% funding. Some companies that are severely hit by COVID-19 may receive up to 90% funding. Apart from that, if your company is eligible for Skills future Enterprise Credits (SFEC), there will be an additional subsidy of 90% for out-of-pocket expenses. In summary, you may get up to 98% funding for the project fees. For more information, please click here.
The project will require approximately 4 – 6 months for completion.