Enterprise Development Grant‎ Singapore

Enterprise Development Grant (EDG)

Enjoy up to 90% off your business projects under the Enterprise Development Grant (EDG). The Enterprise Development Grant (EDG) is a grant offered by Enterprise Singapore (ES) to help Singapore businesses grow and transform.  This grant supports projects that help you upgrade your business, innovate or venture overseas.

About Enterprise Development Grant (EDG)

Who is EDG Grant for?

Singapore businesses with at least 3 years of operations and a minimum of 30% local shareholding.

What is our specialty in EDG?

Strategic Brand and Marketing Development.
Process Redesign.
Automation.

When will this EDG Grant end?

As announced at Supplementary Budget 2020, the maximum support level will be raised to 80% from 1 April 2020 to 31 December 2020. 
For enterprises that are most severely impacted by COVID-19, the maximum support level may be raised to 90% on a case-by-case basis.

Where to apply for this EDG Grant?

Singapore companies to work with consultants and solutions providers like Digital Marketing Buzz.

How much does EDG Grant covered?

Up to 90% of qualifying project cost for SMEs and up to 60% for for non-SMEs.

About Digital Marketing Buzz

1. Strategic Brand and Marketing Development

Help your company better capture target audiences and markets by differentiating your brand, and your products and services.

Scope of work can cover:

  • Diagnosis and gap analysis of your company
  • Assessment of every factors, such as strengths and weaknesses, and competition
  • Primary or secondary research
  • Recommendations and plans for implementation

Project may address any of these areas:

  • Development of effective brand strategy that appeals to targeted consumers and offers differentiated proposition from the competition
  • Assessment of a brand’s financial value and identification of brand levers
  • Development of a strategic plan to optimize marketing resources and improve customer communications

What is not supported:

  • Production of corporate and/ or marketing collateral
  • Such as brochures, videos, websites, photography, stock pictures, and copy-writing
  • 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 Optimization (SEO), and Search Engine Marketing (SEM)

Support level:

  • SMEs up to 80%; non-SMEs up to 60% of qualified costs from 1 April 2020 to 31 December 2020.

2. Process Redesign

Help your company review existing processes and identify possible areas to improve efficiency.

Scope of work can cover:

  • Review and streamline of workflow and processes to reduce or remove redundant processes
  • Explore the use of technology to automate processes
  • Review and/or development of performance measures
  • Development of tracking and measurement system
  • Development of detailed roadmap of actions

Support level:

  • SMEs up to 80%; non-SMEs up to 60% of qualified costs from 1 April 2020 to 31 December 2020.

3. Automation

To support your company’s usage of automation and technology which can result in tangible benefits and significant growth.

Scope of work can cover:

  • Adoption / development of sophisticated hardware and/or software solutions
  • Development of solutions that involve purchase of machinery and integration of systems
  • Training of staff to deploy solutions

What is not supported:

  • Set-up costs that are essential to starting a business
  • Cost of equipment such as, copiers, laptops, tablets and mobile phones
  • Equipment and software costs that are supported under the Productivity Solutions Grant (PSG)

Note:

  • Defray the cost of large scale deployment of automation solutions.
  • Allow eligible businesses, to apply for the Automation Support Package.

Support level:

  • SMEs up to 80%; non-SMEs up to 60% of qualified costs from 1 April 2020 to 31 December 2020.

How to apply for Enterprise Development Grant

How to apply for Enterprise Development Grant

  1. Understanding the fundamental of the requirement

    Your company must be registered and operating in Singapore with a minimum of 30% local shareholding and financially healthy. Speak to us if you need help.

  2. Prepared a Business Proposal for your business

    Prepare a business proposal. Digital marketing Buzz will help you in your business proposal preparation if required. You will need your latest ACRA business profile, past 3 years’ audited financial statements and current Profit & Loss statements.

  3. Submit your Business Proposal

    Log in to Business Grants Portal with your CorpPass. Make sure you have your completed business proposal and consultants’ quotation. Our experienced consultant will guide you through the application.

for more information please read up: enterprise development website

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