Enterprise Development Grant (EDG)

Areas ACP Can Help Your Business With

FAQs on EDG

To qualify, you are required to

  1. Have a registered company and operating in Singapore
  2. Have at least 30% local shareholding
  3. Be in a financially viable position to start and complete the project.

And if you come from a big organisation, your organisation or group holdings should

  1. Have less than $100 million revenue
  2. Employ less than 200 employees.
You can get funding up to 80%. Prior to COVID-19, the original support level was 70%. To fight against the impending recession, the Supplementary Budget aka Resilience Budget 2020 raised the support level to 80%.
The 80% support level will end on 31st March 2022. It was announced during Budget 2021, the original deadline is extended till 31st March 2022 from 30th September 2021.
Enterprise Singapore, ESG in abbreviated form, gives the final green light to all EDG grants.
That really depends on the scope of the project. The grant is correlated to the size of the company in terms of turnover and manpower. We do not have the exact formulae on this. Neither ESG will give you a definite reply on this.
Yes. With effect from 1 April 2020, SMEs will need to commit to improving workers’ outcome, such as creating more jobs or increasing wages.
Depending on the scope of your project, the timeline could range from 3 to 12 months. This includes time to establish proposed objectives and conduct research. Our typical project takes about 3 to 6 months.

From 1 January 2017, if you engage consultants, they need to be certified management consultants. SMEs should ensure that consultants involved in EDG must possess Enterprise Singapore-recognised certification; failing which Enterprise Singapore reserves the right not to support the consultancy fees incurred.

Yes! Consultants from ACP are certified and accredited by Singapore Business Advisors and Consultants Council Ltd and this certification is recognised by Enterprise Singapore.

The application process is not particularly onerous. You can easily apply EDG at Singapore Business Grants Portal.

You need the following:

  1. Your project proposal
  2. Past 3 years audited financial statements (including latest year)
  3. Latest ACRA search results
  4. Our consultant’s proposal and
  5. Our consultant’s certifications
If you already appoint us as your consultant, we will write the project proposal for you.
In general, no as there is no retrospective funding. It is best to obtain an official letter of offer from Enterprise Singapore before commencing the project.
It means that you should not have already begun on the project before your application has been approved. Neither should you have made payment to service providers or suppliers involved in the project.
After you engaged our consultancy services, we will advise you accordingly how to make a claim.
In theory, there are no restrictions on how many EDG Grants you can apply for. Currently, ESG allows you to apply and work on more than one EDG project at any given time. However, you can only apply for an EDG grant in a specified area once. This means that if you are awarded an EDG grant for Branding and Marketing once, you are no longer eligible for another EDG grant under the same category that is Branding and Marketing. However, you can still apply for EDG grants under other areas.

Productivity Solutions Grant (PSG) is a grant that supports Commercial Off-The-Shelf Solutions (COTS). Basically, COTS are more affordable and require little or no customisation work. It covers up to 90% of the solution cost. Click here more information about PSG. If COTS do not meet your needs and you require a bespoke solution for your business, do contact us!

Similar to CDG, you can apply EDG at Singapore Business Grants Portal.

On first base, you can either reach out to certified consultants (like us) or SME Centres. We are more than happy to help and answer all your questions regarding EDG. Just fill in the form below.
Business Excellence (BE) certification with the respective Singapore Quality Class (lionhead logo) will cease by end September 2020. Awards under BE will cease immediately. However, SMEs can still apply for Business Strategy under EDG as well as used the BE framework for their business.
ESG will send you a letter of offer if you are successful in applying. You must accept the letter of offer in order to start the project. If you are not successful in the application, ESG will send you an email.
Yes, currently, ESG allows you to make and advance payment claim of up to 20% of the total grant amount. This means you can request for this advance even before paying the invoice.
You can try to make interim claims before full completion. However, this is on a case-by-case basis.
After the completion of the EDG project, an external auditor from a pre-approved panel has to be appointed. The auditor will ensure that the project is completed with proper transfer of monies between parties.
The audit fee is absorbed by ESG. You can claim the audit fee from ESG.

You should make a claim on the old grants portal: https://grantportal.enterprisesg.gov.sg/