A PRODUCTIVITY GRANT
EDG Funding. The Enhanced Enterprise Development Grant (EDG Grant) now subsidizes up to 90%.
Due to the difficulties that businesses face from COVID-19, there is now increased EDG funding for SMEs is Singapore. The Enterprise Developmnent Grant (EDG Grant) now subsidizes up to 90% of qualifying costs.
EXPERIENCED ENTERPRISE DEVELOPMENT GRANT CONSULTING COMPANY IN SINGAPORE (EDG GRANT).
The Enterprise Development Grant (EDG Grant) is an Enterprise Singapore ESG Grant for Companies in Singapore to Develop Technological Capabilities
The Enterprise Development Grant (EDG Grant) is a Grant for SMEs in Singapore. It is a grant for Digitalisation, for SMEs to Grow and Transform your business with Technology. The Enterprise Development Grant (EDG Grant) is a technology grant that will subsidize your business efforts to utilize technology to:
- explore areas of growth
- increase revenue
- increase productivity
- enhance efficiency
AN INNOVATION FUND
An Enterprise Singapore Scheme. A Grant for SME Businesses that are looking for innovation funding.
WHAT CAN I DO?
Need help with ideas? or need someone to help you with your EDG Application? If you already have an idea in mind, share it with us and we will explain to you how we can help.
If you are not sure where to begin, chat with us today and we can help you to identify the potential gaps and opportunities in your business where the enhanced Enterprise Development Grant (EDG Grant) and technology can help.
Our Team of EDG Grant Consultants will be happy to tend to your needs.
HOW TO CLAIM THE EDG FUNDING
The EDG Grant is a claim is on a Reimbursement basis. This means that you will need to pay for the project before you can submit for the EDG Grant claim.
ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) ELIGIBILITY
You may find the details here:
YOU MAY WANT TO KNOW
What people are asking us
CAN I CLAIM FIRST AND PAY LATER? WHAT ARE THE CONDITIONS FOR THE EDG GRANT CLAIM?
No. The Enterprise Development Grant (EDG Grant) is a Reimbursement Grant. You will therefore have to complete the project first the make the EDG Grant claim. EDG Grant Claims can also be made on a milestone completion basis.
CAN I USE THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) TO BUY LAPTOPS?
No, the Enterprise Development Grant (EDG Grant) cannot be used to buy laptops. Cost of equipment and gadgets, such as copiers, laptops, tablets and mobile phones are not supported by the grant. For laptop grants, there are other possible grants, do contact us to find out more.
However, other forms of hardware that are deemed as essential to the Productivity project may be supported.
CAN I USE THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) GRANT TO PAY FOR CLOUD DATA STORAGE?
Yes, but only if this cloud service is essential to and part of an overall productivity solution that you are applying the Enterprise Development Grant (EDG Grant) for. The cloud storage can then be considered for support based on the looking at the overall productivity project as a whole.
CAN THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) BE USED FOR SOCIAL MEDIA ADVERTISING AND MARKETING??
No. Implementation of marketing or PR campaigns, including retainer fees of consultants, advertising and media buys, engagement of social media influencers, management of websites/ social media platforms, Search Engine Optimisation (SEO), and Search Engine Marketing (SEM), are not covered.
CAN THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) BE USED FOR PILOT PROJECTS AND PILOT TESTING?
Yes. To help your company develop innovative technology and products with the end goal of commercialization, the Enterprise Development Grant (EDG Grant) can help. https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/innovation-and-productivity/product-development
However, it is important to note that the following projects will not be covered:
Development of first product
Projects with low levels of technology innovation in relation to industry norms
CAN THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) BE USED FOR BUSINESS STRATEGY?
Yes. The Enterprise Development Grant (EDG Grant) can be used for Business Strategy Projects. https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/core-capabilities/business-strategy-development
However, at NCODE, we only specialize in Technology related cases.
CAN TELEPHONY EQUIPMENT BE COVERED UNDER THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT)?
Telephony equipment alone will not be funded by the Enterprise Development Grant (EDG Grant). However, if it is an overall Productivity and Innovation project that involves Telephony equipment, then the Telephony equipment may be considered as part of the overall EDG funding allocated.
CAN THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) BE USED TO COVER PATENTS?
No. Stand-alone IP registration costs are not covered by the grant. But other patent related consulting is covered. https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/core-capabilities/business-strategy-development
HOW CAN I GET BUSINESS GRANTS IN SINGAPORE?
There are many Grants for SMEs in Singapore.The Enterprise Development Grant (EDG Grant) is one such grant that you can try out. You can apply for it on your own at https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/apply/pre-application
Or, you can chat with us about how we can help you out.
IS THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) UNDER ENTERPRISE SINGAPORE?
Yes, the Enterprise Development Grant (EDG Grant) is administered by Enterprise Singapore.
IS THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) AN IMDA GRANT? OR IS IT AN NTUC E2I GRANT?
No, the Enterprise Development Grant (EDG Grant) is administered by Enterprise Singapore. For e2i grants, you may visit https://e2i.com.sg/businesses/work-life-grant/.
IS THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) A BRANDING GRANT? IS IT A GOVERNMENT GRANT FOR WEBSITE DEVELOPMENT OR BRAND DEVELOPMENT?
If you are looking for purely a website development grant in Singapore, then unfortunately, the EDG Grant is not for website development. The Enterprise Development Grant (EDG Grant) is for Productivity and Innovation projects. However, if a website is required as part of this Productivity and Innovation Project, then it can be covered by the grant. For example, the development of Virtual Brands or E-Commerce stores.
IS THERE AN ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) GRANT CAP?
There is currently no mentioned grant cap. Projects are assessed individually on a case by case basis, and subsidies are up to 90% of qualifying costs.
IS THERE AN ENTERPRISE SINGAPORE TRAINING GRANT?
No, the Enterprise Development Grant (EDG Grant) is not purely for training. However, if the Productivity and Innovation project that you embark on requires your employees to be trained in order to adopt the new technology, then training will be subsidized under the grant.
IS THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) AN AUTOMATION GRANT?
Enterprise Development Grant (EDG Grant) supports your company’s usage of automation and technology which can result in tangible benefits and significant growth. https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/innovation-and-productivity/automation
IS THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) THE SAME AS THE PRODUCTIVITY SOLUTIONS GRANT (PSG GRANT) BY ENTERPRISE SINGAPORE?
No. These are 2 different Grants. You can find out more about the Productivity Solutions Grant here. The PSG Grant is a Ministry of Trade and Industry Grant. (MTI Grant) https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/productivity-solutions-grant
IS THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) THE SAME AS THE MRA GRANT?
No. The Enterprise Development Grant (EDG Grant) is not the same as the Market Readiness ASsistanace grant. https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/market-readiness-assistance-grant.
However, both grants are administered by Enterprise Singapore.
IS THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) A MARKET RESEARCH GRANT?
Enterprise Development Grant (EDG Grant) covers Consultancy for market research. You may visit this page to find out more. https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/core-capabilities/business-strategy-development
IS THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) A GRANT FOR OVERSEAS BUSINESSES?
The Enterprise Development Grant (EDG Grant) can support your business if you are looking to expand overseas. https://www.enterprisesg.gov.sg/financial-assistance/grants/for-local-companies/enterprise-development-grant/market-access
At NCODE, we can support you when it comes to technology related developments.
THERE ARE MANY GRANT NAMES FLYING AROUND. AND I AM CONFUSED. CAN YOU HELP?
The official name of this grant is the Enterprise Development Grant (EDG Grant). You may see other names flying around like:
- Capability Development Grant, or CDG grant (old name)
- Singapore Business Grants
- SG Enterprise Grant
- IT Grant Singapore
But they are all usually referring to this Enterprise Development Grant.
WHAT INDUSTRY MUST SMES BE FROM TO QUALIFY FOR THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT)?
As long as your business qualifies as an SME, you will qualify for this Enterprise SG Grant, Enterprise Development Grant (EDG Grant). Whether you are an agricultural business, a church, hospitality business, construction, or retail business, all industry SMEs qualify.
WHAT IS THE BENEFIT OF WORKING WITH AN ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) CONSULTANT.
As an experienced Enterprise Development Grant (EDG Grant) Agency, NCODE can value add to your project and in turn help you to achieve a higher EDG Grant claim % result. We can also be the Enterprise Development Grant (EDG Grant)Vendor to develop and implement the Enterprise Development Grant (EDG Grant) project. Contact us today to find out more.
WHERE CAN I FIND THE ENTERPRISE DEVELOPMENT GRANT (EDG GRANT) PORTAL TO APPLY FOR THE GRANT?
You can apply for the Enterprise Development Grant (EDG Grant) at the Enterprise Singapore Grant Portal. It is called the Business Grants Portal (BGP Grant Portal). https://www.businessgrants.gov.sg/
The old CDG Grant Portal has been replaced by this new one.
I AM LOOKING FOR EDG GRANT CONSULTANT REVIEWS. HOW WOULD I KNOW WHETHER AN EDG GRANT CONSULTANT IS GOOD OR NOT? CAN THE CONSULTANT GUARANTEE RESULTS?
You may be wondering the above, and therefore try to find EDG Grant Consultant reviews to try to find one that can guarantee you results. To be transparent, it would not be possible for an EDG Grant Consultant to guarantee you results. For example, to guarantee you that they will achieve 90% EDG funding for you. This is because, the Grant itself is administered by Enterprise Singapore, and the EDG Grant Consultant will therefore not have any control over this process. However, if the EDG Grant Consultant is experienced, they would have gone through this process many times before and would be able to do 2 things for you:
(1) They would know how best to prepare the application in order to achieve the best results. Most of the time, an EDG Grant Consultant can get you more favourable results compared to if you were to do it yourself.
(2) The EDG Grant Consultant would be able to share with you their past records for success. For example, for NCODE Consultant, we often manage to achieve between 70-80% of subsidy out of the full 90%. Based on our experience, it is almost impossible to achieve a full 90% subsidy, because in every project there are always costs that do not qualify. We have seen many occasions where businesses try to submit applications on their own, and only achieve 30-40% subsidy as a result due to the lack of preparation.
I'M LOOKING FOR A GRANT EXPERT IN SINGAPORE WHO CAN ADVISE ME ABOUT ALL THE GRANTS AVAILABLE. CAN YOU HELP?
NCODE Consultant is most experienced at the Enterprise Development Grant (EDG Grant). However, we can still do what we can to help you with other grants within our capabilities, so do feel free to chat with us and lets see how we can help.
ARE YOU A CERTIFIED EDG GRANT CONSULTANT?
We receive this question very frequently. Are you an Enterprise Development Grant Certified Consultant?
Our answer is No, however, there is also no need to be.
According to the EDG Grant policies for Certified Consultants:
Companies applying for EDG Grant support for consultancy-related costs must engage management consultants with Enterprise Singapore-recognised certification. Those who do not need to be certified are:
Members/ specialists in the consultancy team who are not providing management consultancy services, but are performing dedicated functions, such as market research, audit, fieldwork, design/ artwork, equipment installation, and drafting of legal agreements.
Consultants offering technical advice and expertise in the development of new technology, and solutions vendors.
Therefore, while it is true that some some services require a consultant to be EDG Grant Certified, the services that NCODE Consultant provides falls under category that does not require EDG Grant Certification. This is because our scope of work is classified as technology and solution vendor, rather than Management Consultancy.
You can read more about the highlighted clause above here.