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Enterprise Development Grant (EDG) for Employers in Singapore

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Singapore

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Doing Business in Singapore is getting tougher,
and if you need a helping hand,
we are here to help you.
We specialize in SMEs Grants,
and if you want to know more,
please register and we will get back to you shortly
to arrange a meeting to discuss further.

The following are some information regarding
to the Enterprise Development Grant (EDG) Grants :


The Enterprise Development Grant (EDG)

integrates support for enterprises to internationalise

and develop capabilities to help them

compete better locally and abroad.

Existing customised enterprise grants from SPRING

and IE Singapore, namely the Capability Development Grant (CDG)

and the Global Company Partnership (GCP) Grant,

will be harmonised to form EDG.

The streamlined EDG will have common eligibility criteria,

application platform and support level,

thereby reducing confusion for companies.

2 EDG will support Singapore companies of all sizes

on their growth journey through capability development

and/or internationalisation in three key areas:

o Market & Business Development o Innovation & Productivity o Core Function & Capability

3 The support level for local SMEs under CDG

and GCP was enhanced in Budget 2012 from 50% to 70%,

for three years, and extended for another three years in Budget 2015.

As announced at MTI’s Committee of Supply debate 2018,

this enhanced 70% support has been extended for a further two years

for CDG and GCP, and will continue with EDG until end-FY2019.

The support for non-SMEs will be up to 50% under EDG,

as compared to up to 50% under GCP,

and up to 30% under CDG. 4 EDG will be administered by Enterprise Singapore,

and made available for companies to apply through the Business Grants Portal,

with effect from 4Q 2018. In the interim,

companies can continue to apply for the CDG and GCP grantsrespectively


Register Now and we will get back to you shortly to meetup and discuss further.


Best regards,

Terrence Wan



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