Enterprise Singapore extends Enterprise Development Grants for certain core capabilities to help businesses prepare for growth and transformation by strengthening their business foundations & strategies, and for growing overseas presence.
Enterprise Development Grant (EDG)
EDG for Business Strategy Development
To spur growth of company through interventions in business strategies.
Scope of Work can cover:
- Diagnosis and gap analysis of company
- Assessment of internal and external factors, such as strengths and weaknesses and competition
- Development of strategic roadmap, business frameworks, policies or processes
- Recommendations and plans for implementation
Project may address any of these areas:
- *Business Excellence
- Corporate Growth Strategy
- Free Trade Agreement (FTA)
- Intellectual Property (IP) Strategy
Not covered:
- Stand-alone IP registration costs
* Need to undergo Business Excellence assessment to be completed within project qualifying period. Certification fees will be covered.
Enterprise Development Grant (EDG)
for Business Strategy Development
Go Global with Aago
Up to 70% of qualifying costs supported by Enterprise Singapore
Why Aago?
- Track-Record in Government-Funded Brand Internationalization Projects
- Enterprise Singapore recognized. SPMCC Certified Management Consultant
- 100% Success Rate in Approvals for Grant Applications
What does EDG support?
Up to 70% of qualifying project costs namely 3rd party consultancy fees, software and equipment, and incremental internal manpower costs.
Support Level:
- SMEs up to 70% of qualified costs
- Non-SMEs up to 50% of qualified costs
SMEs are companies with up to 200 employees or up to $100m revenue
Non-SMEs are companies with >200 employees or >$100m revenue
Charities, societies, non-profit organizations are not eligible
Eligible companies include MNCs and public-listed companies
Who can apply for EDG Grants?
Eligibility Requirements:
- Registered & operating in Singapore (Singapore HQ)
- Have a minimum of 30% “local” shareholding
- Be in a financial viable position to start and complete the project
Applications assessed based on:
- Company’s eligibility criteria
- Scope of the Proposal
- Extent of capability development
- Project merits and deliverables
- Outcome and impact for the company
- Competency of service provider
Who qualify as Consultants?
Management Consultants with Enterprise Singapore-recognised certification.
Jean Tan, Consultant of Aago is certified by SPMCC, a certification body recognised by Enterprise Singapore.
How to Claim?
All grants supported are on a reimbursement basis.
NOTE: The Enterprise Development Grant (EDG) is administered by and subject to approval by Enterprise Singapore. Terms and Conditions are subject to amendments which may be made by Enterprise Singapore from time to time, as may be stipulated in www.enterprisesg.gov.sg