Business Transformation 2026
Ultimate Guide to Enterprise Development Grant (EDG) 2026
The Enterprise Development Grant (EDG) is an initiative by Enterprise Singapore (EnterpriseSG) designed to help local companies upgrade, innovate, and venture overseas. Unlike the PSG, which covers “off-the-shelf” solutions, the EDG supports bespoke, high-impact projects that require expert consultancy.
Updated on 06 January 2026.
Grant Overview
- Provides up to 50% support for eligible Singapore SMEs to upgrade and transform.
- Supports projects in Core Capabilities, Innovation & Productivity, and Market Access.
- Offers an enhanced 70% sustainability bonus for green-focused projects (valid until 31 March 2026).
- Requires engaging a certified Practising Management Consultant (PMC).
- Covers a wide range of costs including third-party consultancy, software/equipment, and internal manpower.
- Grant approval typically takes 8 to 12 weeks from the date of submission via the Business Grants Portal (BGP).
- Companies must receive the Letter of Offer (LOO) before commencing the project or making any payments.
- Projects are outcome-linked, requiring the achievement of specific productivity indicators or milestones.
- Claims are submitted on a reimbursement basis after the project is completed and audited.
Eligibility
To be eligible for the Enterprise Development Grant (EDG) in 2026, a company must meet these core criteria:
- Registered and operating in Singapore.
- At least 30% local shareholding (held directly or indirectly by Singaporean(s) and/or Singapore PR(s)).
- Demonstrated financial viability to start and successfully complete the project.
- The project must be new and not have commenced before the grant application (i.e., no payments made or contracts signed).
- For consultancy-related costs, the company must engage a certified Practising Management Consultant (PMC).
EDG Grant
- Eligibility
- Benefits
- Supported Solutions
- How to Apply
- FAQs
Benefits
The EDG is a strategic tool designed to help SMEs scale through deep transformation:
Substantial Cost Offsetting
SMEs can receive up to 50% funding support for qualifying costs, including third-party consultancy, software, and equipment.
Enhanced Sustainability Support
Projects specifically targeting sustainability (e.g., green transition, carbon management) may receive up to 70% support (valid until 31 March 2026).
Access to Certified Expertise
By mandating PMC-certified consultants, the grant ensures your business receives high-level strategic advice vetted for quality and ethics.
Worker Outcome Incentives
The grant supports projects that lead to positive worker outcomes, such as job redesign, wage increments, or specialized training.
Business Resilience
Strengthening “backbone” functions like Financial Management ensures your company is better prepared for economic volatility or investor scrutiny.
Supported Solutions
The EDG is structured into three main pillars.
Pillar I: Core Capabilities
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Financial Management: Strategic health diagnosis, internal controls, and financial roadmaps.
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Business Strategy Development: Growth planning, corporate governance, and administrative optimization.
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Human Capital Development: HR strategy, compensation frameworks, and talent management.
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Strategic Brand & Marketing: Brand differentiation and market positioning.
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Service Excellence: Improving customer experience and retention frameworks.
Pillar II: Innovation & Productivity
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Automation: Adopting technology to replace manual, repetitive tasks.
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Process Redesign: Streamlining workflows to reduce man-hours and wastage.
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Product Development: Innovation of new products or service offerings.
Pillar III: Market Access
Overseas Growth: Support for M&A, overseas marketing, and setting up international operations.
How to Apply
The application process for EDG is comprehensive and requires a project-based approach. Follow these steps:
STEP 1 : Project Scoping
Identify which of the three pillars your project falls under and define your desired outcomes.
STEP 2: Engage a PMC Consultant
Contact your PMC Consultant to draft a project proposal and get a formal quotation (required for the application).
STEP 3: Log in to BGP
Access the Business Grants Portal (BGP) using your company’s CorpPass account.
STEP 4: Prepare Documents
Gather ACRA information, audited financial statements (last 3 years), and the consultant’s proposal/certification.
STEP 5: Submit Application
Fill in your company profile and project details. Ensure the project has not started before this submission.
STEP 6: Evaluation
Enterprise Singapore typically takes 8 to 12 weeks to review and provide a Letter of Offer (LOF).
STEP 7: Project Commencement
Accept the LOF on the BGP to officially begin your transformation journey.
Frequently Asked Questions (FAQ)
What is the difference between PSG and EDG?
The PSG is for pre-approved, “off-the-shelf” solutions, while the EDG is for customized, strategic projects that require deep consultancy and a unique project proposal.
Can I apply for multiple EDG grants?
Yes, but each application must be for a distinctly different scope. For example, you can apply for Financial Management and later apply for Automation.
Why must I use a PMC-certified consultant?
EnterpriseSG mandates the use of certified consultants (like Mdm Chong) for all management consultancy projects to ensure the advice provided meets high professional and ethical standards.
Do I need to pay the consultant first?
Yes. The EDG works on a reimbursement basis. You must pay the vendor in full and complete the project milestones before filing a claim.
How long does it take to get the money back?
After project completion and audit, disbursement via PayNow Corporate usually takes approximately 14 to 30 working days after claim approval.
Is there an ideal company size or revenue to qualify?
While there is no official minimum, EnterpriseSG generally looks for companies with at least 2-3 years of operations and a healthy revenue stream (ideally S$400k – S$1M+) to ensure they can sustain the project.
Can I start my project while waiting for approval?
No, projects are considered to have “commenced” if you sign a contract or make a payment before the application date, which will make the project ineligible for funding.
What happens if my grant application is rejected?
You can appeal or re-apply, but it is best to consult a PMC first to ensure your project scope and “Productivity Indicators” align with EnterpriseSG’s specific focus areas.
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