EDG Grant In
SIngapore
The Enterprise Development Grant (EDG) offered by Enterprise Singapore supports projects aimed at upgrading, innovating, and even venturing overseas. Through the grant’s financial assistance, companies can develop and transform in a competitive business environment.
As certified consultants under the Singapore Business Advisors and Consultants Council (SBACC), BDSA is your expert partner in making the most of this support. We work with you to craft a compelling proposal for your marketing initiatives, helping you secure funding to support your growth.
Disclaimer: Please be aware that all funding percentages and quantum are ultimately decided by Enterprise Singapore. Neither BDSA nor its consultants have the mandate to influence Enterprise Singapore’s final decision.
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What sort of business operations and
activities are supported by the EDG?
The EDG grant is open to SMEs from all industries, empowering them to submit their application, provided they meet the key eligibility criteria. Funding assessment primarily evaluates:
- Whether the branding project an SME adopts will drive substantial business growth, both locally and internationally.
- The SME's financial stability and readiness to embark on such transformative projects.
BDSA specialises in partnering with established SMEs that demonstrate a solid foundation and robust financial standing. This strategic focus ensures our collaboration is designed to propel businesses towards measurable, impactful growth and sustained success.
EDG GRANT PILLARS
Core
Capabilities:
EDG funding for business transformation projects supports these efforts to strengthen competitiveness and drive long-term growth.
Innovation
and productivity:
Common areas covered by the EDG include automation, product development, and redesigning processes.
Market
Access:
EDG support for digital marketing and branding also helps businesses build their international presence through targeted campaigns and branding.
ELIGIBILITY CRITERIA
FOR EDG FUNDING
- Be a registered and active company in Singapore.
- Have at least 30% local shareholding.
- Be financially stable to start and complete the project.
APPLYING FOR EDG GRANT
BDSA’s brand consultants are certified Practising Management Consultants (PMC), meaning we are qualified to perform brand consultancy in Singapore for SMEs under the EDG and assist you throughout the grant application process.
Here’s our streamlined process:
4. OUTCOME & NEXT STEPS: Once a decision is made, we’ll guide you on the appropriate next steps—whether your project is approved or requires adjustments.
Note: A complete submission typically takes 8 to 12 weeks from the time you submit your project application. Enterprise Singapore may also contact you via the Business Grants Portal (BGP) for clarifications.
Partner with BDSA for a streamlined EDG application experience. Contact us today to schedule your initial consultation.
HOW BDSA HELPS BUSINESSES
DURING EDG APPLICATION
PROVEN ACROSS
GLOBAL & LOCAL BRANDS
STRATEGIES THAT
ACTUALLY WORK FOR SMES
WE’RE YOUR PARTNER,
NOT A VENDOR
ASSET CREATION PROJECTS
WITH EDG FUNDING
LEGENDARY HONG KONG
BDSA worked with Legendary Hong Kong to acquire EDG Grant and provided branding, marketing and consultative services.
Key Challenge for Legendary Hong Kong:
- Fragmented Brand Identity
- Disconnect between English Brand Name and Chinese Brand Name
- Weak Brand Recall & Inconsistent Brand Messages
How BDSA helped:
- In-Depth Consultations to identify critical solutions
- Worked with Legenedary Hong Kong to apply and get approval for EDG Grant
- Developed a Brand & Marketing Strategy
Comprehensive Visual Overhaul Strategy:
- A redesigned logo.
- Redesigned Signage and Menu book revamp.
- Cohesive design for disposable cutlery packaging.
Results achieved:
- Stronger brand recall.
- Increased social media awareness and engagement.
- Enhanced brand image.
APEIRO NETWORKS
Apeiro Networks has also benefited from BDSA’s expertise in getting their EDG Grant for branding and market research services.
Key Challenge for Apeiro Networks:
- Leading Systems Integrator but had an Outdated Brand Image
- Limited the brand’s ability to scale with larger clients
- Inconsistent Brand Messages
How BDSA helped:
- Worked with Apeiro Networks to attain EDG Grant
- Conducted Comprehensive Brand Audit
- Conducted Market Research via Focus Groups & Customer Interviews
Uniquely Crafted Strategy for Niche Industry:
- Highlight Apeiro’s engineering expertise
- Reposition them as a professional digital solutions provider.
- Refreshed designs for digital and print assets like Linkedin Templates, promotional visuals
Results achieved:
- New & Modern Brand Identify
- Improved engagement with customers
- Stronger brand recognition
FREQUENTLY ASKED QUESTIONS
ABOUT EDG GRANT IN SINGAPORE
WHAT IS THE ENTERPRISE DEVELOPMENT GRANT (EDG)?
HOW DO I KNOW IF I’M ELIGIBLE FOR THE EDG?
Below are the mandatory criteria:
- Business entity registered and operating in Singapore
- Company has at least 30% local equity held directly or indirectly by Singaporean(s) and/or Singapore PR(s), determined by the ultimate individual ownership
- The company is financially ready to start and complete the project.
Commonly used financial indicators, such as the current ratio, will be used for assessment. In addition to the above, Enterprise Singapore will also vet through project proposals and assess each of them and how it will eventually contribute to the company’s growth.
WHAT DOCUMENTS ARE REQUIRED TO APPLY FOR THE EDG?
The list of documents required include:
- Latest ACRA, date of purchase should be within the past 6 months from date of application
- Audited or certified management accounts for the last financial year
- Project proposal
- Forecasted impact of project
- Project quotation
HOW LONG DOES IT TAKE FOR AN EDG APPLICATION TO BE PROCESSED?
All applications will take approximately 8 to 12 weeks from the time of submission before a final outcome is issued.