About EDG Grant (Enterprise Development Grant)
EDG (Enterprise Development Grant) is a new grant by Enterprise Singapore. It combines CDG (Capability Development Grant) and Global Company Partnership (GCP) Grant into a single grant.
Previously, CDG Grant was administered by SPRING Singapore and GCP Grant was administered by International Enterprise Singapore (IE Singapore). In effect, the EDG Grant is a by-product of the merger between SPRING Singapore and IE Singapore.
EDG Grant (Enterprise Development Grant)
EDG (Enterprise Development Grant) is a programme managed by Enterprise Singapore (ESG).
About EDG (Enterprise Development Grant) by Enterprise Singapore (ESG)
EDG is designed to help Singaporean companies grow and transform their business for the future and for the global market. Hence, it is undergirded by three pillars: Core Capabilities, Innovation & Productivity and Market Access. You can view it as a progression: from developing internal core capabilities to innovating for productivity growth and finally, expanding overseas.
It is designed to help Small and Medium Enterprises (SMEs) in Singapore build internal capabilities in 3 main areas with their corresponding sub-areas:
- Core Capabilities
- Innovation & Productivity
- Market Access
- Pilot Project & Test Bedding
- Overseas MarketingPresence
[now known as Market Readiness Assistance (MRA) Grant]
- Mergers & Acquisitions
- Standards Adoption
Singaporean SMEs can obtain up to 80% government grants to defray the costs of qualifying projects.
EDG Grant was officially launched on 25th October 2018. The original maximum support for qualifying projects was up to 70% and valid till 31st March 2023.