Boosting productivity for SME's in Singapore. Defray up to 70% of project costs to enhance your SME's productivity through cost optimization, business process optimization and digital transformation.
The Enterprise Development Grant (EDG) helps Singapore companies grow and transform. This grant supports projects that help you upgrade your business, innovate or venture overseas, under three pillars: Core Capabilities, Innovation and Production and Market Access.
The EDG Grant is a Productivity grant that can subsidize up to 80% of your IT Project cost. It is administered by Enterprise Singapore and is a means to help SMES in Singapore to develop technological capabilities.
Keep updated with the latest EDG Grant eligibility criterias here.
The Productivity Solutions Grant (PSG) supports companies keen on adopting IT solutions and
equipment to enhance business processes. It is intended to support companies interested in developing IT solutions and equipment to enhance their productivity and business processes.
The PSG will cover up to 80% of the costs associated, from 30 September 2021 to 31 March 2022.
Keep updated with the latest PSG Grant eligibility criterias here.
The Startup SG Tech grant fast-tracks the development of proprietary technology solutions, and catalyses the growth of startups based on proprietary technology and a scalable business model.
Proprietary Technology refers to a combination of processes, tools, or systems of interrelated connections, which may be derived from Research Institutes, Institutes of Higher Learning or Public Health Institutes. Proprietary Technology should ideally involve Intellectual Property (IP) or Intellectual Assets (IA) and these technologies should be owned by the individual/startup. The system integration of off-the-shelf components is not considered as proprietary technology.
Startup SG Tech supports Proof-of-Concept (POC) and Proof-of-Value (POV) for commercialisation of innovative technologies. Companies may apply for POC or POV grants depending on the stage of development of the technology/concept. Startup SG Tech is a competitive grant.
Keep updated with the latest Startup SG Tech eligibility criterias here.
The Early Stage Venture Fund (ESVF) is an initiative under the National Framework for Innovation and Enterprise (NFIE). ESVF seeds funds with selected venture capital firms to invest in Singapore-based early-stage technology start-ups.
Under this initiative, the National Research Foundation (NRF) Singapore invests S$10 million on a matching basis, to seed corporate venture capital (VC) funds that invest in Singapore-based early stage high-tech companies. As an incentive, the corporate VCs have the option to buy out NRF’s share of the fund within five years by returning NRF’s capital with interest.
Keep updated with the latest Early Stage Venture Grant eligibility criterias here.